Facebook, Inc.s in-depth stock price analysis indicates that the stock price has rallied 14.67% 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 7.39% . Looking at the past 52 week period, the stock price is up at 31.55% . 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 Facebook, Inc. has a positive value of 0.83 compared to overall market. Facebook, Inc. (NASDAQ:FB) has climbed 2.45% in the past week and advanced 4.56% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.62% and the outperformance has advanced to 2.69% for the last 4 weeks period.
Facebook, Inc. (NASDAQ:FB) : On Friday heightened volatility was witnessed in Facebook, Inc. (NASDAQ:FB) which led to swings in the share price. The stock opened for trading at $134.1 and hit $134.94 on the upside , eventually ending the session at $134.19, with a gain of 0.04% or 0.05 points. The heightened volatility saw the trading volume jump to 15,061,939 shares. The 52-week high of the share price is $135.49 and the company has a market cap of $387,807 million. The 52-week low of the share price is at $98.88 .
Facebook Inc Last issued its quarterly earnings results on Feb 1, 2017. The company reported $1.41 EPS for the quarter, beating the analyst consensus estimate by $ 0.10. Analyst had a consensus of $1.31. The company had revenue of $8629.00 million for the quarter, compared to analysts expectations of $8494.58 million. The companys revenue was up 53.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 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 Feb 2, 2017 to Buy, Raises Price Target to $ 148 from a previous price target of $146 .Facebook Inc was Downgraded by Pivotal Research Group on Feb 2, 2017 to Hold, Lowers Price Target to $ 135 from a previous price target of $147 .Facebook Inc was Resumed by Pacific Crest to Overweight on Jan 20, 2017. Facebook Inc was Upgraded by Raymond James on Jan 13, 2017 to Strong Buy, Price Target of the shares are set at $160.Facebook Inc was Initiated by Aegis Capital on Jan 3, 2017 to Buy, Price Target of the shares are set at $150.
Company has reported several Insider transactions to the SEC, on Feb 1, 2017, Colin Stretch (VP and General Counsel) sold 750 shares at 130.28 per share price.On Jan 24, 2017, Christopher K Cox (Chief Product Officer) sold 16,000 shares at 128.16 per share price.On Jan 18, 2017, Sheryl Sandberg (Chief Operating Officer) sold 109,000 shares at 127.75 per share price.
Facebook Inc. operates a social networking website worldwide. The Companys products for users are free of charge and available on the Web, mobile Web, and mobile platforms, such as Android and iOS. Its website enables users to connect, share, discover, and communicate with each other. The Facebook Platform is a set of tools and application programming interfaces that developers can use to build social apps on Facebook or to integrate their Websites with Facebook. It offers products that enable advertisers and marketers to engage with its users. Facebook Inc. is headquartered in Menlo Park, California.