QUALCOMM, Inc. (NASDAQ:QCOM) announced string developments at MWC Shanghai

QUALCOMM, Inc. (NASDAQ:QCOM)has announced a string developments at MWC Shanghai. The first announcement is the partenership of Qualcomm and ZTE for Advanced 5G Cloud Gaming on Live Networks. In the second announcement, the company said that its flagship Snapdragon 855 has become the first mobile SoC to receive Smart Card Equivalent Security Certification. The San Diego-based comapny has also announced 16 design wins on latest LTE IoT chipset, and it has collaborated with Tencent QQ Collaborate to bring watch QQ experiences to Snapdragon Wear Platforms.


QUALCOMM, Inc. (NASDAQ:QCOM) shares ticked up 3.31% to finally closed at $74.95 in last active session. 

QCOM’s distance from 20 day simple moving average is 7.71% and distance from 50-Day simple moving average is -1.73%.

Analyst’s mean target price for QCOM is $88.77 while analysts mean recommendation is 2.20. Stock value has moved between $48.99 – 90.3 in last one year. Stock has got OUTPERFORM rating from 11 of Thomson Reuters analysts, 12 given HOLD rating to the stock and 0 given UNDERPERFORM rating. Analyst’s mean target price for QCOM is $88.77 while analysts mean recommendation is 2.20. 

QUALCOMM, Inc. (NASDAQ:QCOM) yearly performance is 31.38% and net profit margin is 11.60%. Annual EPS Growth of past 5 years is -22.60%. The current share price indicates that stock is -17.04% away from its one year high and is moving 52.65% ahead of its 52-week low. 



On 26 June 2018, Yamana Gold Inc. (NYSE:AUY) shares ticked up 0.81% and ultimately finalized to $2.49 in last traded day. Stock has got OUTPERFORM rating from 5 of Thomson Reuters analysts, 7 given HOLD rating to the stock and 2 given UNDERPERFORM rating. Analyst’s mean target price for AUY is $3.86 while analysts mean recommendation is 2.60. 



At the movement 21Vianet Group, Inc. (NASDAQ:VNET) is under coverage by number of analysts. Buy rating has been given by 1 analysts to the company stock whereas 0 given UNDERPERFORM rating to stock and 0 given HOLD rating. The consensus recommendation by Thomson Reuters analysts is buy and their mean rating for the stock is 1.50 on scale of 1-5. Analysts mean target price for 21Vianet Group, Inc. (NASDAQ:VNET) is $17.45. 

If we look at stock performance in last active day trading, we see that stock has moved ticked up 0.26% to end the day at $7.61. The current share price indicate that stock is -36.48% away from its one year high and is moving 15.30% ahead of its 52-week low.