Netsuite Inc (N) : Traders are bullish on Netsuite Inc (N) as it has outperformed the S&P 500 by a wide margin of 2.14% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.59%, 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 1.76% in the last 1 week, and is up 1.59% 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 1.16% and the 50-Day Moving Average is 3.78%.The 200 Day SMA reached 36.29%
Netsuite Inc (NYSE:N): After opening at $109.9, the stock dipped to an intraday low of $109.84 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $110.83 and the buying power remained strong till the end. The stock closed at $110.69 for the day, a gain of 0.76% for the day session. The total traded volume was 588,963. The stocks close on the previous trading day was $110.69.
Netsuite Inc (N) : The consensus price target for Netsuite Inc (N) is $98.57 for the short term with a standard deviation of $17.33. The most optimist securities analyst among the 14 who monitor the stock believes that the stock can reach $109, however, the pessimist price target for the company is $69.
NetSuite Inc. (NetSuite) is a provider of cloud-based financials, enterprise resource planning (ERP) and omnichannel commerce software suites. The Companys offerings include NetSuite, NetSuite OneWorld, NetSuite CRM+, NetSuite OpenAir PSA, SuiteCommerce, NetSuite POS, TribeHR, LightCMS, Add-On Modules, NetSuite Industry Editions and SuiteCloud Platform. Its main offering is NetSuite, which provides core business management capabilities. NetSuite, OneWorld and NetSuite CRM+ are designed for use by most types of businesses. NetSuite OpenAir (OpenAir) PSA is for professional services businesses. SuiteCommerce enables businesses to move from standalone transactional channels to an integrated commerce solution. NetSuite POS is a point-of-sale solution. TribeHR is a HCM solution. LightCMS is a Web-based software platform. SuiteCloud is the Companys technology platform. It delivers its applications over the Internet as a subscription service using the software-as-a-service (SaaS) model.