Shareholder returns and stock trends
VeriSign (VRSN) generated investor returns of 24.54% in the trailing 12-month period and -2.63% in the trailing one-month period. In comparison, it generated -4.65% in 2014 and 21.44% YTD (year-to-date). The comopany’s share price increased 3.11% in the trailing five-day period.
On September 14, 2015, VeriSign closed the trading day at $69.22. Based on this figure, here’s how the stock fares in terms of its moving averages:
- 5% above its 100-day moving average of $65.75
- 97% above its 50-day moving average of $67.92
- 95% above its 20-day moving average of $68.57
Moving average convergence divergence and the Relative Strength Index
The MACD (moving average convergence divergence) is the difference between a company’s short-term and long-term moving averages. VeriSign’s 14-day MACD is 0.02. This positive figure indicates an upward trading trend.
The company’s 14-day RSI (Relative Strength Index) is 54, which shows that the stock is slightly overbought. Generally, if the RSI is above 70, it indicates the stock is overbought. An RSI figure below 30 suggests that a stock has been oversold.
Of the nine analysts covering VeriSign stock, two have given it a “buy” recommendation, two have given it a “sell” recommendation, and five recommend “hold.” The analyst stock price target for the company is $72.50 with a median target estimate of $68.50. Given these figures, VeriSign is trading at a premium of 1% with respect to the median analyst price target.
For a diversified exposure to VeriSign, you can invest in the SPDR S&P 500 ETF (SPY) and the Technology Select Sector SPDR ETF (XLK). SPY and XLK invest about 0.04% and 0.20% of their holdings, respectively, in VeriSign.