Stock price performance of ABB Ltd is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 10.52% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 7.12% . Looking at the past 52 week period, the stock price is up at 34.26% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of ABB Ltd has a positive value of 8.5 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 7.65% and the 50-Day Moving Average is 11.36%.The 200 Day SMA reached 13.48%
Based on the Stock Research ABB Ltd Relative Strength Index signal is in over bought territory with a range of 77.35. ABB Ltd (NYSE:ABB) has tumbled 0.84% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 9.4% in the last four weeks. The stocks have underperformed the S&P 500 by 0.96% during the past week but ABB Ltd (NYSE:ABB) it has outperformed the index in 4 weeks by 8.42%.
ABB Ltd (ADR) Last issued its quarterly earnings results on Oct 27, 2016. The company reported $0.32 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.34. The company had revenue of $8255.00 million for the quarter, compared to analysts expectations of $8357.72 million. The companys revenue was down -3.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.26 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.ABB Ltd (ADR) was Upgraded by Nordea to Buy on Jan 26, 2017. ABB Ltd (ADR) was Upgraded by RBC Capital Mkts to Outperform on Jan 25, 2017. ABB Ltd (ADR) was Upgraded by BofA/Merrill to Buy on Jan 10, 2017. ABB Ltd (ADR) was Downgraded by Jefferies to Underperform on Dec 13, 2016. ABB Ltd (ADR) was Upgraded by Morgan Stanley to Overweight on Dec 12, 2016.
ABB Ltd (NYSE:ABB) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.04 points or 0.17% at $23.63 with 3,017,064 shares getting traded. Post opening the session at $23.58, the shares hit an intraday low of $23.56 and an intraday high of $23.695 and the price was in this range throughout the day. The company has a market cap of $50,472 million and the number of outstanding shares has been calculated to be 2,135,925,299 shares. The 52-week high of ABB Ltd (NYSE:ABB) is $23.9 and the 52-week low is $16.52.
ABB Ltd, headquartered in Zurich, Switzerland, is engaged in providing power and automation technologies for its utility and industrial customers. The Company provides a range of products, systems, solutions and services that are designed to improve power grid reliability, increase industrial productivity and enhance energy efficiency. ABB is focused on power transmission, distribution and power-plant automation and serves electric, gas and water utilities, as well as industrial and commercial customers. Its Power Products division manufactures three categories of products: High-voltage Products, Medium-voltage Products and Transformers. The key technologies include high- and medium-voltage switchgear, circuit breakers for various current and voltage levels, power and distribution transformers, as well as sensors and products to automate and control electrical and other utility networks. ABB Ltd is structured into four regions: Europe, the Americas, Asia and the Middle East and Africa (MEA).