Apple (NASDAQ:AAPL) Shares Prices July 25 2011 Reaches $400 During Regular Trading : Apple shares reached the $400 mark for the first time today during regular trading today. The stock's previous 52-week high prior to Monday was $396.27. The stock has increased progressively throughout the past several years and has reached 21.9% so far this year.
The trading highlight came on the day when competitor Research in Motion made the announcement of 2,000 job cuts and changing executives to fix the struggling smartphone company.
Apple (NASDAQ:AAPL) has a potential upside of 25.5% based on a current price of $398.53 and an average consensus analyst price target of $500.24.
Apple is currently above its 50-day moving average (MA) of $342.95 and above its 200-day of $334.83. In the last five trading sessions, the 50-day MA has climbed 1.06% while the 200-day MA has risen 0.74%.
No comments:
Post a Comment