Shares in Cupertino, California headquartered Apple Inc. ended Friday's session 0.18% higher at $120.00 with a total trading volume of 29.91 million shares. The stock has advanced 2.88% in the last month, 2.99% over the previous three months, and 3.61% on an YTD basis. The Company's shares are trading 5.35% above their 50-day moving average and 13.01% above their 200-day moving average. Moreover, shares of Apple, which designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, and education, enterprise, and government customers worldwide, have a Relative Strength Index (RSI) of 71.23.
On January 18th, 2017, Apple announced major updates to its music creation apps with exciting new features for music makers of all levels on iPhone, iPad and Mac. GarageBand for iOS 2.2 now features the powerful creative synthesizer Alchemy and a new sound browser. The Company stated that Logic Pro X 10.3 will become a powerful tool for pros with a modern interface, new features for professional audio production as well as support for the revolutionary Touch Bar on the new MacBook Pro.
On January 20th, 2017, research firm Macquarie reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $133 a share to $148 a share. Free research report on AAPL is available at:
Amsterdam, the Netherlands-based Koninklijke Philips N.V.'s shares saw a slight drop of 0.60%, closing the day at $29.93. A total volume of 1.14 million shares was traded. The stock has advanced 1.11% in the last month and 3.85% over the previous three months. The Company's shares are trading 0.80% and 7.26% above their 50-day and 200-day moving averages, respectively. Additionally, shares of Koninklijke Philips, which engages in healthcare, consumer lifestyle, and lighting businesses worldwide, have an RSI of 48.09.
On January 12th, 2017, Philips announced the development of an industry-first augmented-reality surgical navigation technology that is designed to help surgeons perform image-guided open and minimally-invasive spine surgery. The addition of this new augmented reality technology will further widen the scope of Philips hybrid OR solutions to other fast-growing areas of image-guided surgery including spine, cranial and trauma procedures. The complimentary research report on PHG can be downloaded at:
Last Friday, shares in Tokyo, Japan headquartered Sony Corp. rose 0.33%, closing the session at $30.50. The stock recorded a trading volume of 796,987 shares. The Company's shares have advanced 5.76% in the last one month and 8.81% on an YTD basis. The stock is trading 4.15% above its 50-day moving average and 2.30% above its 200-day moving average. Furthermore, shares of Sony, which designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide, have an RSI of 63.08.
On January 14th, 2017, Sony announced that Michael Lynton will step down as Corporate Executive Officer of Sony Corporation and CEO of Sony Entertainment in charge of its Pictures and Music businesses effective as of February 02nd, 2017, to be Chairman of the Board of Snap Inc. The Company stated that for the next six months, Mr. Lynton will stay on as Co-CEO of Sony Entertainment, overseeing the Pictures and Music businesses, and as CEO of Sony Pictures Entertainment and Sony Corporation of America, to work with Sony Corporation's President and CEO Kazuo Hirai to find a replacement. Visit us today and access our complete research report on SNE at:
San Jose, California headquartered Energous Corp.'s stock finished the session 0.22% lower at $18.45 with a total trading volume of 261,038 shares. The Company's shares have advanced 7.89% in the last month, 15.24% over the previous three months, and 9.50% on YTD basis. The stock is trading above its 50-day and 200-day moving averages by 11.52% and 30.14%, respectively. Additionally, shares of Energous, which engages in the development of a wire-free charging system, have an RSI of 58.12.
On January 04th, 2017, PERI announced a strategic partnership and technology integration with Energous. With this partnership PERI will bring to market leading edge designs for audio and portable power products with the convenience of wire-free charging, powered by Energous' WattUp technology. Get free access to your research report on WATT at:
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