Time for Investors to Take the Plunge on The Priceline Group Inc. (NASDAQ:PCLN)

Equity Research firms currently have a positive stance on shares of The Priceline Group Inc. (NASDAQ:PCLN). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $1574.20 on a short term basis.

At the time of writing, the stock was trading at $1488.75. This represents a change from the opening price of -0.37%. In terms of performance, year to date, the stock is 16.61%. The monthly stock performance comes in at 4.80%. For the quarter, shares are performing at 16.60%. Weekly performance analysis shows the equity at 2.73%.

In taking a look at technical levels, shares are trading 5.07% away from the 50 day simple moving average and 14.68% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -0.11% away from it’s 52- week high and 56.05% 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, The Priceline Group Inc.’s RSI stands at 66.42. In looking at volatility levels, the shares saw weekly volatility of 1.46% and 1.50% over the past month.

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