Harman International Industries Incorporated (HAR) Shares are Up 1.23%

Harman International Industries Incorporated (HAR) has been under a strong bear grip, hence the stock is down -1.26% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.07% in the past 1 week. The stock has risen by 1.23% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.79% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 1.66% and the 50-Day Moving Average is 0.99%.The 200 Day SMA reached 5.48%


Harman International Industries Incorporated (NYSE:HAR): After opening at $83.67, the stock dipped to an intraday low of $83.06 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $84.82 and the buying power remained strong till the end. The stock closed at $84.45 for the day, a gain of 1.55% for the day session. The total traded volume was 704,992. The stocks close on the previous trading day was $84.45.

Harman International Industries Incorporated (HAR) : The consensus price target for Harman International Industries Incorporated (HAR) is $93.2 for the short term with a standard deviation of $17.68. The most optimist securities analyst among the 10 who monitor the stock believes that the stock can reach $122, however, the pessimist price target for the company is $60.

Harman International Industries, Incorporated, is engaged in the designing and engineering of connected products and solutions for automakers, consumers and enterprises, including audio systems, visual products, enterprise automation solutions and connected services. The Company operates through four segments. The Infotainment segment offers infotainment systems for vehicle applications. The Lifestyle segment offers car audio systems for vehicle applications, as well as a range of loudspeaker and electronics for home, multimedia and mobile applications. The Professional segment provides audio, lighting, video and control and automation solutions for commercial, enterprise and public space applications. The Services segment creates software solutions that integrate design, mobility, cloud and analytics. Its brands include AKG, AMX, Crown, Harman/Kardon, Infinity, JBL, JBL Professional, Lexicon, Mark Levinson, Martin, Revel, Soundcraft and Studer.

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