NetScout Systems (NTCT) Shares are Up 0.45%

NetScout Systems (NTCT) has been under a strong bear grip, hence the stock is down -2.33% 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 0.28% in the past 1 week. The stock has risen by 0.45% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.86% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.53% and the 50-Day Moving Average is 2.87%.The 200 Day SMA reached 18.19%


NetScout Systems (NASDAQ:NTCT): After opening at $29.18, the stock dipped to an intraday low of $29.11 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $29.985 and the buying power remained strong till the end. The stock closed at $29.25 for the day, a gain of 0.90% for the day session. The total traded volume was 735,498. The stocks close on the previous trading day was $29.25.

NetScout Systems (NTCT) : Currently there are 7 street experts covering NetScout Systems (NTCT) stock. The most bullish and bearish price target for the stock is $36 and $24 respectively for the short term. The average price target of all the analysts comes to $31. The estimated standard deviation from the target is $4.

NetScout Systems, Inc. is a provider of network, application and service assurance solutions. The Company provides performance analytics that help enterprise, government and service provider customers manage service delivery and identify emerging performance problems. The Company designs, develops, manufactures, markets, licenses, sells and supports the products in hardware and software solutions that are used by commercial enterprises, governmental agencies and telecommunication service providers. The Company has three primary customer groups; enterprise customers, service provider customers and government customers. The Companys products include nGeniusONE Service Assurance Solution, nGenius Intelligent Data Sources, nGenius Packet Flow Switches and Taps, NetScout Test Optimization Products and nGenius NetFlow Solutions.

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