Time for Investors to Take the Plunge on salesforce.com, inc. (NYSE:CRM)

Equity Research firms currently have a positive stance on shares of salesforce.com, inc. (NYSE:CRM). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 1.80. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $94.01 on a short term basis.

At the time of writing, the stock was trading at $72.43. This represents a change from the opening price of 2.61%. In terms of performance, year to date, the stock is -10.05%. The monthly stock performance comes in at -7.10%. For the quarter, shares are performing at -10.36%. Weekly performance analysis shows the equity at 0.47%.

In taking a look at technical levels, shares are trading -5.89% away from the 50 day simple moving average and -3.86% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -14.26% away from it’s 52- week high and 37.70% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, salesforce.com, inc.’s RSI stands at 43.27. In looking at volatility levels, the shares saw weekly volatility of 1.54% and 1.78% over the past month.

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