On Tap for This Week: Microsoft Corporation (MSFT), The Interpublic Group of Companies, Inc. (IPG)?

Microsoft Corporation (NASDAQ:MSFT) average daily volatility for this week is 2.37% which is less than the 2.97% recorded over the past month. Its shares dropped by -7.95% or -$9.24 from its last recorded high of $116.18 which it attained on October 03 to close at $106.94 per share. Over the past 52 weeks, the shares of Microsoft Corporation has been trading as low as $80.7 before witnessing a massive surge by 32.52% or $26.24. This price movement has led to the MSFT stock receiving more attention and has become one to watch out for. It jumped by 0.07% on Tuesday and this got the market excited. The stock’s beta now stands at 1.24 and when compared to its 200-day moving average and its 50-day moving average, MSFT price stands 5.43% above and -2.99% below respectively.

Microsoft Corporation (MSFT) sank -0.72% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a rally that has seen it rise 27.42% and is now up by 25.02% since start of this year. A look at its monthly performance shows that the stock has recorded a -0.61% fall over the past 30 days. Its equity price dipped by -0.67% over the past three months which led to its overall six-month increase to stand at 10.08%.

A look at MSFT technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 46.58 point. Its trading volume has added 5116185 shares compared to readings over the past three months as it recently exchanged 35346185 shares. This means there is improved activity from short-term traders as per session, its average trading volume is 30230000 shares, and this is 1.17 times the normal volume.

Analysts have predicted a price target for The Interpublic Group of Companies, Inc. (IPG) for 1 year and it stands at an average $25.29/share. This means that it would likely increase by 5.64% from its current position. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $21. On the other hand, one analyst is super bullish about the price, setting a target as high as $28.

Analysts view The Interpublic Group of Companies, Inc. (NYSE:IPG) as a Hold, with 2.6 consensus rating. Reuters surveyed 14 analysts that follow IPG and found that 8 of those analysts rated the stock as a Hold. The remaining 6 were divided, with 5 analyst rating it as a Buy or a Strong Buy while 1 analysts advised investors to desist from buying The Interpublic Group of Companies, Inc. (IPG) shares or sell it if they already own it.

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