Stocks Flexing Their Muscles: Microsoft Corporation (MSFT), Barnes & Noble, Inc. (BKS) - The RNS Daily

Over the past 52 weeks, the shares of Microsoft Corporation (NASDAQ:MSFT) has been trading as low as $82 before witnessing a massive surge by 27.83% or $22.82. This price movement has led to the MSFT stock receiving more attention and has become one to watch out for. It dipped by -4% on Sunday and this got the market worried. The stock’s beta now stands at 1.26 and when compared to its 200-day moving average and its 50-day moving average, MSFT price stands 2.03% above and -3.62% below respectively. Its average daily volatility for this week is 3.39% which is more than the 2.83% recorded over the past month. The shares of Microsoft Corporation dropped by -9.78% or -$11.36 from its last recorded high of $116.18 which it attained on October 03 to close at $104.82 per share.

Microsoft Corporation (MSFT) sank -4.87% 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 26.62% and is now up by 22.54% since start of this year. A look at its monthly performance shows that the stock has recorded a -2.69% fall over the past 30 days. Its equity price dipped by -3.13% over the past three months which led to its overall six-month increase to stand at 3.14%.

A look at MSFT technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 43.68 point. Its trading volume has added 9815597 shares compared to readings over the past three months as it recently exchanged 44385597 shares. This means there is improved activity from short-term traders as per session, its average trading volume is 34570000 shares, and this is 1.28 times the normal volume.

Analysts have predicted a price target for Barnes & Noble, Inc. (BKS) for 1 year and it stands at an average $7.25/share. This means that it would likely increase by 6.62% 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 $7. On the other hand, one analyst is super bullish about the price, setting a target as high as $7.5.

The BKS stock Stochastic Oscillator (%D) is at 36.67%, which means that it is currently neutral. The shares P/S ratio stands at 0.14 which compares to the 2.06 recorded by the industry or the 136.78 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 12.95, which is higher than the 0 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 7% over the past five years.

Analysts view Barnes & Noble, Inc. (NYSE:BKS) as a Hold, with 2.7 consensus rating. Reuters surveyed 3 analysts that follow BKS and found that 2 of those analysts rated the stock as a Hold. The remaining 1 were divided, with 1 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying Barnes & Noble, Inc. (BKS) shares or sell it if they already own it.

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