Maxim Group announced Super Micro Computer (NASDAQ:SMCI), hiking its price target to $34.00 earlier today
- Updated: September 22, 2016
Just yesterday Super Micro Computer (NASDAQ:SMCI) traded 0.00% even at $22.78. Super Micro Computer’s 50-day moving average is $21.66 and its 200-day moving average is $25.90. The last stock price is down -12.06% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 0 shares of SMCI traded hands, down from an average trading volume of 536,102
Stating as potential upside of 0.49%, Maxim Group raised the target price of Super Micro Computer (NASDAQ:SMCI) to $34.00
Recent Performance Chart
Super Micro Computer has price-earnings ratio of 16.39 with a one year low of $18.60 and a one year high of $34.69 and has a total market value of $0.
A total of 7 equity analysts have released a research note on SMCI. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $36.71.
More About Super Micro Computer (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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