Company Stock Price of VeriSign, Inc. (VRSN) Increases 0.9%

VeriSign, Inc. stock performance trend indicates that the stock price has rallied 12.79% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 10.24% . Looking at the past 52 week period, the stock price is down -2.61% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of VeriSign, Inc. has a negative value of -7.16 compared to overall market performance.VeriSign, Inc. is having a Relative Strength Index of 63.76 which indicates the stock is not yet over sold or over bought based on the technical indicators.

VeriSign, Inc. (NASDAQ:VRSN) has climbed 0.9% in the past week and advanced 4.8% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 0.66% and the outperformance has advanced to 3.61% for the last 4 weeks period.

The shares have received a consensus rating of Sell for the current week VeriSign, Inc. (NASDAQ:VRSN) stock ended Friday session in the red zone in a volatile trading. The stock closed down 1.19 points or 1.36% at $86.25 with 1,301,057 shares getting traded. Post opening the session at $87.51, the shares hit an intraday low of $86.23 and an intraday high of $87.58 and the price was in this range throughout the day. The company has a market cap of $8,826 million and the number of outstanding shares has been calculated to be 102,328,550 shares. The 52-week high of VeriSign, Inc. (NASDAQ:VRSN) is $91.99 and the 52-week low is $74.01.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Verisign was Resumed by Robert W. Baird on Feb 28, 2017 to Neutral, Price Target of the shares are set at $85.

Company has reported several Insider transactions to the SEC, on Jan 30, 2017, Kathleen A Cote (director) sold 5,000 shares at 84.00 per share price.On Aug 3, 2016, Timothy Tomlinson (director) sold 1,477 shares at 85.30 per share price.On Apr 30, 2015, Jamie S Gorelick (director) purchased 1,000 shares at 64.19 per share price.

Verisign Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.92 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.88. The company had revenue of $286.27 million for the quarter, compared to analysts expectations of $282.97 million. The companys revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 EPS.

Verisign, a global leader in domain names and Internet security, enables Internet navigation for many of the worlds most recognized domain names and provides protection for websites and enterprises around the world. Verisign ensures the security, stability and resiliency of key Internet infrastructure and services, including the .com and .net domains and two of the Internets root servers, as well as performs the root-zone maintainer functions for the core of the Internets Domain Name System (DNS). Verisigns Security Services include intelligence-driven Distributed Denial of Service Protection, iDefense Security Intelligence and Managed DNS.

VeriSign,

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