MKS Instruments (MKSI) : Traders are bullish on MKS Instruments (MKSI) as it has outperformed the S&P 500 by a wide margin of 0.8% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.18%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.35% in the last 1 week, and is up 0.26% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 2.6% and the 50-Day Moving Average is 4.37%.The 200 Day SMA reached 25.49%
MKS Instruments (NASDAQ:MKSI): After opening at $49.54, the stock dipped to an intraday low of $49.07 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $49.87 and the buying power remained strong till the end. The stock closed at $49.73 for the day, a gain of 0.91% for the day session. The total traded volume was 849,630. The stocks close on the previous trading day was $49.73.
MKS Instruments (MKSI) : The highest level MKS Instruments (MKSI) is projected to reach is $56 for the short term and the lowest estimate is at $41. The consolidated price target from 4 rating analysts who initiate coverage on the stock is $50.25 and the possibility the share price can swing is $6.5.
MKS Instruments, Inc. (MKS) is a provider of instruments, subsystems and process control solutions that measures, controls, powers, monitors and analyzes critical parameters of advanced manufacturing processes. The Company operates in four segments: Advanced Manufacturing Capital Equipment; Analytical Solutions Group; Europe Region Sales & Service, and Asia Region Sales & Service. The Advanced Manufacturing Capital Equipment segment includes the development, manufacture, sales and servicing of instruments and control products, power and reactive gas products, materials delivery products and vacuum products. The Analytical Solutions Group includes gas composition analysis, information technology products and custom fabrication services. The Europe and Asia region sales and service segments resell and service the Advanced Manufacturing Capital Equipment and Analytical Solutions Group products sold into their respective regions.