VeriSign (VRSN) Shares are Down -0.37%

VeriSign (VRSN) : During the past 4 weeks, traders have been relatively bearish on VeriSign (VRSN), hence the stock is down -0.45% 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 -0.53% relative to the S&P 500. The 4-week change in the price of the stock is -0.99% and the stock has fallen -0.37% in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.27% and the 50-Day Moving Average is 1.22%.The 200 Day SMA reached 5.82%


VeriSign (NASDAQ:VRSN): After opening at $78.4, the stock dipped to an intraday low of $77.45 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $78.91 and the buying power remained strong till the end. The stock closed at $78.24 for the day, a gain of 0.04% for the day session. The total traded volume was 883,838. The stocks close on the previous trading day was $78.24.

VeriSign (VRSN) : The consensus price target for VeriSign (VRSN) is $85 for the short term with a standard deviation of $7.07. The most optimist securities analyst among the 2 who monitor the stock believes that the stock can reach $90, however, the pessimist price target for the company is $80.

VeriSign, Inc. is a global provider of domain name registry services and Internet security, enabling Internet navigation for domain names and providing protection for Websites and enterprises around the world (Registry Services). The Companys product suite also includes Network Intelligence and Availability (NIA) Services consisting of Distributed Denial of Service (DDoS) Protection Services, Verisign iDefense Security Intelligence Services (iDefense) and Managed Domain Name System (Managed DNS) Services. The Companys Registry Services provides the security, stability and resiliency of Internet infrastructure and services, including the .com and .net domains, two of the Internets root servers, and operation of the root-zone maintainer functions for the core of the Internets Domain Name System (DNS). The Company has operations inside, as well as outside the United States.

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