Computershare Limited (OTCMKTS:CMSQF – Get Free Report) shares passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $28.78 and traded as high as $29.9120. Computershare shares last traded at $29.1760, with a volume of 1,411 shares traded.
Analysts Set New Price Targets
Separately, Citigroup downgraded shares of Computershare from a “buy” rating to a “neutral” rating in a research report on Monday, July 13th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Computershare presently has an average rating of “Moderate Buy”.
Check Out Our Latest Report on Computershare
Computershare Price Performance
The business has a fifty day simple moving average of $28.78 and a 200-day simple moving average of $25.26.
About Computershare
Computershare Limited is an Australian financial services company that provides technology-enabled administration and support services to corporations, financial institutions and government entities. Its core business includes share registry and transfer agency services, helping public companies manage shareholder records, communications, meetings and corporate actions such as dividends, stock splits and mergers.
The company also provides employee share plan administration, corporate trust services, business services and mortgage servicing.
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