Super Micro Computer, Inc. (OTCMKTS:SMCI) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $21.40 and traded as high as $28.71. Super Micro Computer shares last traded at $28.02, with a volume of 363,431 shares traded.
Several equities research analysts have recently weighed in on the stock. TheStreet raised shares of Super Micro Computer from a “c+” rating to a “b” rating in a research report on Tuesday, January 14th. Maxim Group upped their price target on shares of Super Micro Computer from $37.00 to $41.00 and gave the stock a “buy” rating in a research report on Friday, February 7th. Finally, Susquehanna Bancshares reaffirmed a “positive” rating and issued a $35.00 price target on shares of Super Micro Computer in a research report on Tuesday, February 4th.
The firm’s 50-day moving average price is $26.88 and its two-hundred day moving average price is $21.44.
About Super Micro Computer (OTCMKTS:SMCI)
Super Micro Computer, Inc, together with its subsidiaries, develops and provides high performance server solutions based on modular and open architecture. It offers a range of server, storage, blade, workstation, and full rack solutions, as well as networking devices, server management software, and technology support and services.
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