U.S. stock index futures suggested a sharply lower open today, indicating the Standard & Poor’s 500 Index is set to move down for the second time in three days, after a Republican plan for averting the “fiscal cliff” failed to provide enough support. Futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures were down by -1.30% at 0939 GMT ahead of the last NY opening of the week.
In pre-market session, Carnival Corporation (NYSE:CCL) gained over 2% after its earnings and revenue surpassed Reuters’ estimates.[article_detail_ad_1]
Walgreen Company (NYSE:WAG) declined after reporting a lower quarterly profit.
Peabody Energy Corporation (NYSE:BTU) lost more than 2% after The Street Ratings reaffirmed a “hold” rating on BTU.
Google Inc (NASDAQ:GOOG) was down after Taipei-based Digi Times reported that the company is planning to cut the $199 price tag of its Nexus 7 tablet further. O-Film Tech report claims that the search engine giant and the tablet’s manufacturer Asus are working together to manufacturer Nexus 7 units that will retail for $150, eventually going as low as $99.
Rumor has it that between 500,000 to 600,000 lower-priced Nexus 7 tablets will hit the market by the second quarter of next year.
The Google (GOOG) stock price and market worth
Google stock traded up 0.31% during last trading session, completing the business day at $722.36. The share price of GOOG traded yesterday at minimum $716.97 and marked $724.65 as an in tra day high. The company now has a market value of $237.36 billion.
Also, see its Short-term price outlook
The stock, after recent close, is 4.39% up their SMA 50 and 6.72% off the 52-week high. The worst hit in its 52 week range is $556.52 per share, with $774.38 as its 52 week best price that compares with a latest closing price of $722.36. Its latest closing price has a distance of +4.42% from SMA20 and is 11.60% up than SMA200.
Easy-to-read past performance data
With recent gain, the year-to-date (YTD) performance reflected a 11.84% gain above last year. During the past month the stock advanced 7.82%, bringing three-month performance to -0.71% and six-month performance to +25.08%.
Stock Beta and Volatility
For this company, beta value at 1.08 represents it is more volatile to the shift in the market. If we take a look on its volatility, 1.56% was seen in a week and for the month it was 1.72%.
Analysts’ opinion
For the stock, mean recommendation this week is 1.9. Sharing price target summary; nearly 34 brokerages have a mean PT as $798.94 and median PT of $800.00 while the highest price target set by those rating agencies was $910.00 and lowest PT was $675.00.