The opening price for Broadcom Inc. (NASDAQ:AVGO) was $262.7 and the volume amounted to 2796327 shares which compares with the average volume of 3931980 shares. The company stock experienced a -1.6% move to arrive at $255.94.Broadcom Inc. (AVGO) Analyst Opinion
Broadcom Inc. is currently rated as outperform by 33 stock analysts, with the company still having around 1.24% shares outstanding that can be sold short legally. The value of their shares went down by -17.92% last month. Over the course of a year, the stock has grown by 0.65%. Financial analysts are becoming more bullish than ever, with the 23 analysts who cover the activities of AVGO advising investors to buy. Experts on Wall Street have set a price target of $316.79 for the stock. The decision was arrived after looking at their 23.78% gain from current levels. At the moment, Broadcom Inc. (AVGO) trading price is around -20.81% below its 52-week high.
Broadcom Inc. (AVGO) was successful in overcoming the expected $5.23 as the stock recorded an earnings of $5.55 a piece during their last financial report presentation. Revenue, meanwhile, had a distance of 6.79% from the previous quarter, with the company recording $5.82 billion in revenue.Broadcom Inc. (NASDAQ:AVGO) Intraday View
The shares of Broadcom Inc. (NASDAQ:AVGO) have struggled and recovered 29.62% ever since it recorded its 52 week low. During the course of 5 days, the stock price volatility has remained at 3.02%, increasing the time frame to a month, the volatility recorded was 2.43%. The price of their shares still hasn’t been successful in staying above its 20 day-moving average, staying at a distance of -14.49% and while its 50-day moving average is around -15.23%. In a look at the previous five trading session AVGO stock has returned -11.71% and sank -0.65% when compared to its 200-day moving average that is $272.27. Broadcom Inc. (AVGO) will look to keep its 6.39% increase that it witnessed in the past year.
As the normal trading session ended, the stock of Flex Ltd. (NASDAQ:FLEX), fetched in a $-0.2 retreat to $9.27. The session began with the stock price at $9.55, hitting a high of $9.6 before down again. For the week, analysts seem to be okay with their neutral with the consensus call staying at 2.3. Flex Ltd. The shares of the company tumbled -39.72% from its high $15.38, with their overall market value now roughly $4.87 billion.Flex Ltd. (FLEX) Consensus Price Target
The price target for Flex Ltd. (NASDAQ:FLEX) is now around $14.07 a share, implying the stock has what it takes to grow by 51.78%. The recent trading session also indicated the stock needs to add 83.39% more meet analysts’ high consensus price target.
The current trading volume of the company was 7630313 shares during the last session. That compares with the recent average volume of 8501580 shares. By the end of the regular trading session, the price volatility over a 1-week span was 3.18 % while over a month it stood at 3.88%. The stock price of FLEX dropped to $9.25 during the day and at a certain time in 12 months it traded as low as $6.74. It has made a 37.54% recovery since its 52-week low point and has returned 21.81% year-to-date. [T3]