A statement released earlier today by JP Morgan about Wix.com (NASDAQ:WIX) bumps the target price to $50.00
- Updated: September 25, 2016
JP Morgan bumped up the target of Wix.com (NASDAQ:WIX) to $50.00 stating a potential upside of 0.10%.
On 9/07/2016, Summit Redstone released a statement on Wix.com (NASDAQ:WIX) bumped up the target price from $0.00 to $48.00 that suggested an upside of 0.11%.
Boasting a price of $45.44, Wix.com (NASDAQ:WIX) traded -4.44% lower on the day. With the last close up 44.54% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Wix.com has recorded a 50-day average of $41.04 and a two hundred day average of $29.94. Volume of trade was up over the average, with 700,580 shares of WIX changing hands over the typical 421,562
With a total market value of $0, Wix.com has with a one year low of $14.79 and a one year high of $49.49 .
More About Wix.com (NASDAQ:WIX)
Wix.com Ltd. (Wix) is a Web development platform enabling businesses and organizations to take businesses, brands and workflow online. The Company provides solutions that business owners can use to operate various aspects of their business online, such as selling goods, taking reservations, and scheduling and confirming appointments. These applications provide Wix registered users a bespoke front-end for customers visiting their Website, as well as a back-end management dashboard. The Company has developed these software applications for businesses in specific verticals, including retail and online stores, hotel and property management, music and restaurants. The Company's free product and service offering includes various features, such as Wix Editor, Wix Mobile, WixTouch and Wix SEO Tool. It offers its platform in various languages, including English, French, Spanish, Portuguese, Italian, Russian, German, Japanese, Korean, Polish, Dutch, Swedish and Danish.
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