Rambus (RMBS) Shares are Down -0.32%

Rambus (RMBS) : During the past 4 weeks, traders have been relatively bearish on Rambus (RMBS), hence the stock is down -12.48% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.48% relative to the S&P 500. The 4-week change in the price of the stock is -12.95% and the stock has fallen -0.32% in the past 1 week.

The stock has recorded a 20-day Moving Average of 4.32% and the 50-Day Moving Average is 6.93%.The 200 Day SMA reached 0.43%

Rambus

Rambus (NASDAQ:RMBS): After opening at $12.47, the stock dipped to an intraday low of $12.4 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $12.575 and the buying power remained strong till the end. The stock closed at $12.5 for the day, a gain of 0.89% for the day session. The total traded volume was 648,364. The stocks close on the previous trading day was $12.5.

Rambus (RMBS) : The highest short term price target forecast on Rambus (RMBS) is $16 and the lowest target price is $13. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $14.38 with a standard deviation of $1.49.

Rambus Inc. is a technology solutions company. The Companys technology portfolio addresses the evolving power, performance and security requirements of the mobile, cloud computing and connected device markets. It offers solutions in memory, chip interfaces and architectures, security and advanced light emitting diode (LED) lighting. The Company has four operational units: Memory and Interfaces Division (MID), which focuses on the design, development and licensing of technology that is related to memory and interfaces; Cryptography Research Division (CRD), which focuses on the design, development and licensing of technologies for chip and system security and anti-counterfeiting; Emerging Solutions Division (ESD), which includes the Companys computational sensing and imaging group along with its development efforts in the area of emerging technologies, and Lighting and Display Technologies (LDT), which focuses on the design, development and licensing of technologies for lighting.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.