Cisco Systems, Inc.s in-depth stock price analysis indicates that the stock price has rallied 4.41% 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 0.51% . Looking at the past 52 week period, the stock price is up at 25.49% . 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 Cisco Systems, Inc. has a positive value of 6.15 compared to overall market. Cisco Systems, Inc. (NASDAQ:CSCO) has climbed 0.61% in the past week and advanced 4.79% in the last 4 weeks. The stocks have underperformed the S&P 500 by 0.2% during the past week but Cisco Systems, Inc. (NASDAQ:CSCO) it has outperformed the index in 4 weeks by 2.91%.
Cisco Systems, Inc. (NASDAQ:CSCO) : On Friday heightened volatility was witnessed in Cisco Systems, Inc. (NASDAQ:CSCO) which led to swings in the share price. The stock opened for trading at $31.48 and hit $31.63 on the upside , eventually ending the session at $31.51, with a gain of 0.03% or 0.01 points. The heightened volatility saw the trading volume jump to 21,557,725 shares. The 52-week high of the share price is $31.95 and the company has a market cap of $158,173 million. The 52-week low of the share price is at $22.46 .
Cisco Systems Last issued its quarterly earnings results on Nov 16, 2016. The company reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.59. The company had revenue of $12352.00 million for the quarter, compared to analysts expectations of $12331.53 million. The companys revenue was down -2.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.59 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Cisco Systems was Resumed by Stifel on Nov 18, 2016 to Hold, Price Target of the shares are set at $34.
Company has reported several Insider transactions to the SEC, on Dec 23, 2016, Karen Walker (SVP & Chief Marketing Officer) sold 1,793 shares at 30.41 per share price.On Nov 28, 2016, John T Chambers (Executive Chairman) sold 250,000 shares at 29.72 per share price.On Nov 9, 2016, Brian Halla (director) sold 15,000 shares at 31.00 per share price.
Cisco Systems, Inc. is the worldwide leader in networking for the Internet. Ciscos Internet Protocol-based networking solutions are the foundation of the Internet and most corporate, education, and government networks around the world. Cisco provides the broadest line of solutions for transporting data, voice and video within buildings, across campuses, or around the world.