Vmware (VMW) : During the past 4 weeks, traders have been relatively bearish on Vmware (VMW), hence the stock is down -0.05% 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 -0.21% relative to the S&P 500. The 4-week change in the price of the stock is -0.58% and the stock has fallen -0.04% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.02% and the 50-Day Moving Average is 0.92%.The 200 Day SMA reached 24.07%
Vmware (NYSE:VMW): After opening at $73.49, the stock dipped to an intraday low of $72.96 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $73.7 and the buying power remained strong till the end. The stock closed at $73.35 for the day, a gain of 0.37% for the day session. The total traded volume was 1,023,306. The stocks close on the previous trading day was $73.35.
Vmware (VMW) : The consensus price target for Vmware (VMW) is $75.35 for the short term with a standard deviation of $7.86. The most optimist securities analyst among the 20 who monitor the stock believes that the stock can reach $92, however, the pessimist price target for the company is $65.
VMware, Inc. is a provider of virtualization infrastructure solutions. The Company develops and markets its product and service offerings within three product groups, which include software-defined data center (SDDC), hybrid cloud computing and end-user computing (EUC). The Companys SDDC is designed to transform the data center into an on-demand service that addresses application requirements by abstracting, pooling and automating the services that are required from the underlying hardware. The hybrid cloud computing enables customers to utilize off-premise vSphere-based hybrid cloud computing capacity. End-user computing enables information technology (IT) organizations to deliver secure access to data, applications and devices to end users.