Symantec Corporation (NASDAQ:SYMC) traded at an unexpectedly low level on 06/16/2017 when the stock experienced a 0.14% gain to a closing price of $28.45. The company saw 11.72 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 7.24 million shares a day, this signifies a pretty significant change over the norm.Symantec Corporation (SYMC) Analyst Gushes
Analysts are speculating a 40.6% move, based on the high target price ($40) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $32.54 price target, but the stock is already up 49.66% from its recent lows. However, the stock is trading at -14.36% versus recent highs ($33.22). Analysts believe that we could see stock price minimum in the $19 range (lowest target price), allowing for another -33.22% drop from its current position. Leading up to this report, we have seen a -5.54% fall in the stock price over the last 30 days and a -7.33% decline over the past 3 months. Overall, the share price is up 19.09% so far this year. Additionally, SYMC had a day price range of $28.18 to $28.63.Symantec Corporation (SYMC) Price Potential
Heading into the stock price potential, Symantec Corporation needs to grow just 15.99% to cross its median price target of $33. Given that liquidity is king in short-term, SYMC is a stock with 607.38 million shares outstanding that normally trades 3.48% of its float. The stock price recently experienced a 5-day loss of -4.24% with 0.77 average true range (ATR). SYMC has a beta of 1.13 and RSI is 31.69.
On the other hand, Cray Inc. by far traveled 13.66% versus a 1-year low price of $16.1. The share price was last seen 4.87% higher, reaching at $18.3 on Jun. 16, 2017. At recent session, the prices were hovering between $17.4 and $18.3. This company shares are 18.85% off its target price of $21.75 and the current market capitalization stands at $731.89M. The recent change has given its price a -0.55% deficit over SMA 50 and -43.34% deficit over its 52-week high. The stock witnessed 1.67% gains, -12.02% declines and -10.95% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CRAY’s volatility during a week at 3.33% and during a month it has been found around 3.11%.Cray Inc. (NASDAQ:CRAY) Intraday Metrics
Cray Inc. (CRAY) exchanged hands at an unexpectedly high level of 0.55 million shares over the course of the day. Noting its average daily volume at 0.32 million shares each day over the month, this signifies a pretty significant change over the norm.Cray Inc. Target Levels
The market experts are predicting a 42.08% rally, based on the high target price ($26) for Cray Inc. shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $16 range (lowest target price). If faced, it would be a -12.57% drop from its current position. Overall, the share price is down -11.59% year to date.