With 7.3% gain in 2012, the Dow Jones Industrial Average Index (INDEXDJX:.DJI) has marked the blue-chip average’s fourth consecutive upbeat year. It is now up 100 percent since its March 9, 2009, lowest point, in the depths of the economic slump. The Dow completed the year with a daily, monthly and yearly gain, but faced its first fourth-quarter loss since 2008. The final three months of the year are normally considered a strong seasonal time for stocks, but this time in Q4 the blue chips dropped 333 points or 2.5%, after rallying 557 points, or 4.3% in the third quarter.
There is good news about Dow component Microsoft Corporation (NASDAQ:MSFT). Net Applications recently released the most recent market share data showing that December 2012 was a solid one for Windows 8, which advanced 0.66 percentage points to 1.77 percent from 1.11 percent while Windows 7 added 0.40 percentage points to 45.11 percent from 44.71 percent. Windows 8 will reportedly get the real boost in this month, after all those shiny new PCs get a full month of online usage.[article_detail_ad_1]
This is the first time Windows 7 has crossed the 45 percent level. Windows Vista meanwhile dropped 0.03 percentage points to 5.67 percent from 5.70 percent while Windows XP declined the most with 0.74 percentage points fall to 39.08 percent from 39.82 percent.
Make an opinion on the latest price movement of Microsoft (MSFT) using some technical indicators
The stock closed at $26.71, up 0.16 points or 0.60% from previous close and at a distance of -0.93% from 20-day simple moving average.In the last trading session, the stock’s price moved-9.18% below its 200 day moving average, changing hands as low as $26.37 per share. The stockis currently trading -3.10% down its SMA 50.
How well the stock has been performing?
The percentage change in the price over the past fifty two weeks remained at -0.22%. The price range in the same period had a highest hit of $32.95 on Mar 16, 2012 while lowest level during that period was $26.26 on Dec 05, 2012.The 1-year target price estimate, whichis the median price target, as set by analysts covering the stock is $35.00. The stock gained 6.37% during the last year.
Does stock market trend influences this stock?
This stock is more risky when compared to the shifts in the equity markets as its beta value is standing at 0.98. To measure price-variation, we found this stock’s volatility over a week period was 1.52% and for the month was 1.75%.
What is Wall Street analysts’ recommendation on this stock?
The analyst mean recommendation for this week has been 2.0, same as was in the last week. The price target of$28.00 was the lowest while the highest price target was set as $40.00, according to 34 analysts surveyed by Thomson Reuters.
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