ShoreTel (SHOR) Shares are Down -1.72%

ShoreTel (SHOR) : During the past 4 weeks, traders have been relatively bearish on ShoreTel (SHOR), hence the stock is down -1.79% 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 -1.88% relative to the S&P 500. The 4-week change in the price of the stock is -2.32% and the stock has fallen -1.72% in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.28% and the 50-Day Moving Average is 0.4%.The 200 Day SMA reached 7.17%


ShoreTel (NASDAQ:SHOR): The stock was completely flat for the day, closing at $8.00 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $8.01, the stock touched an intraday high of $8.06 and a low of $7.99. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $8.00. The total trading volume on Friday was 645,202.

ShoreTel (SHOR) : Average target price received by ShoreTel (SHOR) is $11 with an expected standard deviation of $1. The most aggressive target on the stock is $12, whereas the most downbeat target is $10. 3 financial analysts are currently covering the stock.

Shoretel, Inc. (ShoreTel) is engaged in the design, development, marketing and sale of business communication solutions. The Company provides business communication solutions, including integrated voice, video, data and mobile applications based on Internet protocol (IP) technologies. It is focused on the small and medium sized businesses (less than 5,000 users), with a Unified Communications platform. It provides ShoreTel solution through multiple deployment options, as well as a set of applications and services for both premise and hosted deployment models, consisting of ShoreTel IP Telephony, ShoreTel Unified Communications, ShoreTel Contact Center, ShoreTel Mobility, and professional services, including ShoreTel Global Services and application and development professional services. It offers services, including soft-switch services for ShoreTel IP Telephony, as well as integrated software modules for business intelligence analytics and reporting.

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