Verisign, Inc. (NASDAQ:VRSN) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 2, 2016
Having a price of $79.10, Verisign, Inc. (NASDAQ:VRSN) traded 0.04% higher on the day. With the last stock price down -6.54% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. VRSN has recorded a 50-day average of $76.78 and a two hundred day average of $83.72. Trade Volume was down over the average, with 883,838 shares of VRSN changing hands under the typical 1,166,290
Zacks Investment Research has downgraded Verisign, Inc. (NASDAQ:VRSN) to Hold in a statement released on 9/28/2016.
On Monday July 27, 2015, Topeka Capital Markets released a statement about Verisign, Inc. (NASDAQ:VRSN) upped the target price from $72.00 to $90.00 that suggested an upside of 0%.
Recent Performance Chart
Verisign, Inc. has PE ratio of 24.93 with a one year low of $70.26 and a one year high of $93.94 and has a market capitalization of $0.
General Company Details For Verisign, Inc. (NASDAQ:VRSN)
VeriSign, Inc. is a provider of domain name registry services and Internet security, enabling Internet navigation for domain names and providing protection for Websites and enterprises around the world (Registry Services). The Company operates in Registry Services and Security Services segment. Its product suite also includes Security Services consisting of Distributed Denial of Service (DDoS) Protection Services, Verisign iDefense Security Intelligence Services (iDefense) and Managed Domain Name System (Managed DNS) Services. The Company's Registry Services provides the security and resiliency of Internet infrastructure and services, including the .com and .net domains, approximately two of the Internet's root servers, and operation of the root-zone maintainer functions for the core of the Internet's Domain Name System (DNS). The Company has operations inside, as well as outside the United States. Its operations infrastructure consists of approximately three secure data centers.
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