Sprint Corporations in-depth stock price analysis indicates that the stock price has rallied 21.91% 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 45.93% . Looking at the past 52 week period, the stock price is up at 236.84% . 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 Sprint Corporation has a positive value of 141.95 compared to overall market. Sprint Corporation (NYSE:S) has climbed 6.29% in the past week and advanced 4.07% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 5.43% and the outperformance has advanced to 2.2% for the last 4 weeks period.
Sprint Corporation (NYSE:S) : On Friday heightened volatility was witnessed in Sprint Corporation (NYSE:S) which led to swings in the share price. The stock opened for trading at $8.92 and hit $8.97 on the upside , eventually ending the session at $8.96, with a gain of 2.17% or 0.19 points. The heightened volatility saw the trading volume jump to 11,079,298 shares. The 52-week high of the share price is $9.65 and the company has a market cap of $35,725 million. The 52-week low of the share price is at $2.53 .
Sprint Corp Last issued its quarterly earnings results on Jan 31, 2017. The company reported $-0.12 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $-0.10. The company had revenue of $8549.00 million for the quarter, compared to analysts expectations of $8308.29 million. The companys revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.21 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by FBR & Co. on Jan 5, 2017 to Outperform, Raises Price Target to $ 11 from a previous price target of $8 .
Company has reported several Insider transactions to the SEC, on Nov 17, 2016, Roger Sole-rafols (Chief Marketing Officer) sold 49,844 shares at 7.53 per share price.On Nov 16, 2016, Paul W Jr Schieber (Vice President & Controller) sold 52,375 shares at 7.36 per share price.On Aug 18, 2015, Jaime Jones (President, Postpaid & Gen Bus) sold 38,879 shares at 4.72 per share price.
Sprint Corporation offers communications services. It operates in two segments: Wireless and Wireline. It develops, engineers and deploys technologies, including wireless networks offering mobile data services, instant national and international push-to-talk capabilities and a global Tier 1 Internet backbone. Sprint Corporation is based in Overland Park, United States.