Hot Movers: International Business Machines (NYSE:IBM), Cisco Systems, Inc. (NASDAQ:CSCO), Oracle Corporation (NYSE:ORCL), salesforce.com (NYSE:CRM)

Posted by on Apr 19, 2014

International Business Machines Corp. (NYSE:IBM) shares dropped (NYSE:IBM) the most in three months after the company said yesterday that first-quarter revenue slid 3.9 percent to $22.5 billion. International Business Machines Corp. (NYSE:IBM) shares after opening at $187.25 moved to $190.70 on last trade day and at the end of the day closed at $190.01. Company price to sales ratio in past twelve months was calculated as 1.98 and price to cash ratio as 17.88. International Business Machines Corp. (NYSE:IBM) showed a negative weekly performance of -2.90%.

Cisco Systems, Inc. (NASDAQ:CSCO) fiscal second quarter revenue fell 8% to $11.2 billion while net income declined 55% to $1.4 billion or $0.27 per share. Cisco Systems, Inc. (NASDAQ:CSCO) shares advanced 0.78% in last trading session and ended the day on $23.21. CSCO return on equity ratio is recorded as 14.20% and its return on assets is 8.20%. Cisco Systems, Inc. (NASDAQ:CSCO) yearly performance is 16.28%.

The new Oracle Corporation (NYSE:ORCL) service will also accord customers the opportunity to parallelize and compress various back up data transfers sure to facilitate performance maximization. Oracle Corporation (NYSE:ORCL) shares moved down -0.12% in last trading session and was closed at $40.08, while trading in range of $39.39 – $40.18. Oracle Corporation (NYSE:ORCL) year to date (YTD) performance is 5.39%.

salesforce.com, Inc. (NYSE:CRM) has earned a consensus rating of “Buy” from the thirty-nine ratings firms that are currently covering the company, AnalystRatings.Net reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating, twenty-three have issued a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $68.10. salesforce.com, Inc. (NYSE:CRM) weekly performance is -1.49%. On last trading day company shares ended up $56.10. salesforce.com, Inc. (NYSE:CRM) distance from 50-day simple moving average (SMA50) is -5.70%. Analysts mean target price for the company is $70.47.

Leave a Reply

Your email address will not be published. Required fields are marked *