A statement released earlier today by Zacks Investment Research about Super Micro Computer, Inc. (NASDAQ:SMCI) bumps the target price to $26.00
- Updated: October 9, 2016
Boasting a price of $23.17, Super Micro Computer, Inc. (NASDAQ:SMCI) traded -2.18% lower on the day. With the last close down -10.89% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Super Micro Computer, Inc. has recorded a 50-day average of $22.23 and a two hundred day average of $25.19. Volume of trade was down over the average, with 229,831 shares of SMCI changing hands under the typical 521,309
Indicating a possible upside of 0.12%, Zacks Investment Research raised the target price of Super Micro Computer, Inc. (NASDAQ:SMCI) to $26.00
On 9/23/2016, Maxim Group released a statement on Super Micro Computer, Inc. (NASDAQ:SMCI) bumped up the target price from $30.00 to $34.00 that suggested an upside of 0.49%.
With a total market value of $0, Super Micro Computer, Inc. has price-earnings ratio of 16.15 with a one year low of $18.60 and a one year high of $34.69 .
A total of 7 analysts have released a research note on SMCI. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $36.71.
More About Super Micro Computer, Inc. (NASDAQ:SMCI)
Super Micro Computer, Inc. is engaged in developing and providing end-to-end green computing solutions to the cloud computing, data center, enterprise information technology (IT), big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The Company's solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services. The Company sells its server systems and server subsystems and accessories through a combination of distributors, including value added resellers and system integrators, and other equipment manufacturers (OEMs). As of June 30, 2016, the Company offered over 4,950 stock keeping units (SKUs), including SKUs for server and storage systems, serverboards, chassis, power supplies and other system accessories. The Company develops and manufactures server solutions based upon a modular and open architecture.
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