Folks, this is what makes a market: The same day MoffettNathanson’s Michael Nathanson cut his rating on Twitter (TWTR) to Sell from Neutral, Axiom Capital’s Victor Anthony reiterated a Buy rating on site shares, writing that competition from the likes of Facebook’s (FB) Instagram and from privately held Snapchat are already “reflected in the shares”, and that investors should look past that and a raft of other concerns.
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Separately, TheStreet Ratings team rates the stock as a “sell” with a ratings score of D. Twitter has a 12-month low of $13.73 and a 12-month high of $38.82. About 35.15 million shares traded hands or 56.43% up from the average. The stock’s institutional ownership stands at 98.80%.
The stock decreased 2.64% or $0.38 on May 24, hitting $14.03. Twitter now has an average rating of “Hold” and an average target price of $21.52. (NYSE:TWTR). The latest broker reports which are now outstanding on Wednesday 25th of May state 0 analysts have a rating of “strong buy”, 0 analysts “buy”, 0 analysts “neutral”, 0 analysts “sell” and 0 analysts “strong sell”.
In the duration of 12 months Twitter Inc’s share price has increased by 0% to 14.03 from 0.00. Here is an all time stock price chart with the 50 day Simple Moving Average in the red line and the 200 day Simple Moving Average in the blue line. The company has market capitalization of $10.03B. Twitter has been the topic of 93 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Consequently Twitter Inc (NYSE:TWTR)’s weekly and monthly volatility is 2.71%, 3.51% respectively. The business earned $595 million during the quarter, compared to the consensus estimate of $607.91 million. The firm’s revenue for the quarter was up 36.5% compared to the same quarter previous year. During the same quarter a year ago, the company earned $0.07 EPS. The price objective is 34.14% higher than the recent closing price of $14.03. The Hedge Fund company now holds 100 shares of TWTR which is valued at $1,410. Equities research analysts forecast that Twitter will post $0.52 earnings per share for the current year. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Twitter, Inc.is a global platform for public self-expression and conversation in real time.
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Twitter, Inc. (Twitter) offers products and services for users, advertisers, developers and platform and data partners. Products and services for users enables a way for people to create, distribute and discover content, which enables a user on Twitter to create a tweet and a user to follow other users.
