Stock price performance of Broadcom Limited is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 23.05% 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 17.85% . Looking at the past 52 week period, the stock price is up at 60.61% . 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 Broadcom Limited has a positive value of 14.41 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 11.93% and the 50-Day Moving Average is 15.93%.The 200 Day SMA reached 24.58%
Based on the Stock Research Broadcom Limited Relative Strength Index signal is in over bought territory with a range of 74.92. Broadcom Limited (NASDAQ:AVGO) has climbed 0.22% in the past week and advanced 16.75% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.1% and the outperformance has advanced to 15.71% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Jan 6, 2017, Lewis C Eggebrecht (director) sold 5,120 shares at 176.98 per share price.On Dec 27, 2016, Bryan Ingram (SVP & GM, Wireless Semicon Div) sold 12,000 shares at 181.43 per share price.On Dec 21, 2016, Patricia H Mccall (VP & General Counsel) sold 2,500 shares at 183.00 per share price.
Avago Technologies Ltd Last issued its quarterly earnings results on Dec 8, 2016. The company reported $3.47 EPS for the quarter, beating the analyst consensus estimate by $ 0.09. Analyst had a consensus of $3.38. The company had revenue of $4146.00 million for the quarter, compared to analysts expectations of $4123.49 million. The companys revenue was up 123.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.51 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Mizuho on Dec 9, 2016 to Buy, Raises Price Target to $ 210 from a previous price target of $200 .Company shares were Reiterated by Cowen on Dec 9, 2016 to Outperform, Raises Price Target to $ 210 from a previous price target of $205 .Company shares were Reiterated by MKM Partners on Dec 9, 2016 to Buy, Raises Price Target to $ 207 from a previous price target of $193 .Avago Technologies Ltd was Initiated by Loop Capital to Buy on Dec 6, 2016.
Broadcom Limited (NASDAQ:AVGO) : On Friday heightened volatility was witnessed in Broadcom Limited (NASDAQ:AVGO) which led to swings in the share price. The stock opened for trading at $204.95 and hit $206.6 on the upside , eventually ending the session at $206.16, with a gain of 1.03% or 2.11 points. The heightened volatility saw the trading volume jump to 2,437,317 shares. The 52-week high of the share price is $206.6 and the company has a market cap of $82,254 million. The 52-week low of the share price is at $114.25 .
Broadcom Limited is a designer, developer and supplier of analog and digital semiconductor connectivity solutions. The company provides data center networking, home connectivity, broadband access, telecommunications equipment, smartphones and base stations, data center servers and storage, factory automation, power generation and alternative energy systems and displays. It serves wired infrastructure, wireless communications, enterprise storage and industrial & other market. Broadcom Limited, formerly known as Avago Technologies Limited, is headquartered in Singapore.