Flex Ltd.s in-depth stock price analysis indicates that the stock price has rallied 14.04% 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 23.46% . Looking at the past 52 week period, the stock price is up at 57.64% . 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 Flex Ltd. has a positive value of 19.15 compared to overall market. Flex Ltd. (NASDAQ:FLEX) has climbed 2.89% in the past week and advanced 9.07% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.06% and the outperformance has advanced to 7.11% for the last 4 weeks period.
Flex Ltd. (NASDAQ:FLEX) : On Friday heightened volatility was witnessed in Flex Ltd. (NASDAQ:FLEX) which led to swings in the share price. The stock opened for trading at $15.84 and hit $16.1 on the upside , eventually ending the session at $16, with a gain of 1.91% or 0.3 points. The heightened volatility saw the trading volume jump to 5,487,553 shares. The 52-week high of the share price is $16.16 and the company has a market cap of $8,564 million. The 52-week low of the share price is at $9.8 .
Flextronics International Ltd. Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.34 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.33. The company had revenue of $6115.00 million for the quarter, compared to analysts expectations of $6210.46 million. The companys revenue was down -9.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.35 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Needham on Jan 27, 2017 to Buy, Raises Price Target to $ 17 from a previous price target of $16 .Company shares were Reiterated by Stifel on Jan 27, 2017 to Buy, Raises Price Target to $ 17 from a previous price target of $16 .
Company has reported several Insider transactions to the SEC, on Feb 1, 2017, David P Bennett (Chief Accounting Officer) sold 6,000 shares at 15.86 per share price.On Jan 18, 2017, Lay Koon Tan (director) sold 293 shares at 14.69 per share price.On Nov 29, 2016, H Raymond Bingham (director) sold 20,000 shares at 14.51 per share price.
Flextronic International is a leading provider of advanced electronics manufacturing services to OEMs primarily in the telecommunications and networking, consumer electronics and computer industries. The companys strategy is to provide customers with the ability to outsource, on a global basis, a complete product wherethe companys take responsibility for engineering, supply chain management, assembly, integration, test and logistics management. The company provides complete product design services, including electrical and mechanical, circuit and layout.