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Three Movers to Watch for: Microsoft Corporation (MSFT), Pier 1 Imports, Inc. (PIR), Sirius XM Holdings Inc. (SIRI)

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Microsoft Corporation (MSFT) retreated with the stock falling -0.16% or $-0.1 to close at $62.58 on light trading volume of 27.66M compared its three months average trading volume of 28.05M. The Redmond Washington 98052 based company operating under the Business Software & Services industry has been trending up for the last 52 weeks, with the shares price now 14.55% up for the period and up by 15.89% so far this year. With price target of $64 and a 33.42% rebound from 52-week low, Microsoft Corporation has plenty of upside potential, making it a hold with a view buy.

Microsoft Corporation, a technology company, develops, licenses, and supports software products, services, and devices worldwide. The company’s Productivity and Business Processes segment offers Office 365 commercial products and services for businesses, including Office, Exchange, SharePoint, and Skype, as well as related Client Access Licenses (CALs); Office 365 consumer services, such as Skype, Outlook.com, and OneDrive; Dynamics business solutions, such as financial management, customer relationship management, supply chain management, and analytics applications for small and mid-size businesses, large organizations, and divisions of enterprises; and LinkedIn online professional network. Its Intelligent Cloud segment licenses server products and cloud services, such as SQL Server, Windows Server, Visual Studio, System Center, and related CALs, as well as Azure, a cloud platform with computing, networking, storage, database, and management services; and enterprise services, such as Premier Support and Microsoft Consulting that assist in developing, deploying, and managing Microsoft server and desktop solutions, as well as provide training and certification to developers and IT professionals on Microsoft products. The company’s More Personal Computing segment comprises Windows OEM, volume, and other non-volume licensing of the Windows operating system, as well as patent licensing, Windows Embedded, MSN display advertising, and Windows Phone licensing system; devices, including Microsoft Surface, phones, and PC accessories; and search advertising, including Bing and Bing Ads. This segment also provides gaming platforms, including Xbox hardware, Xbox Live, video games, and third-party video games. The company markets and distributes its products through original equipment manufacturers (OEM), distributors, and resellers, as well as through online and Microsoft retail stores. Microsoft Corporation was founded in 1975 and is headquartered in Redmond, Washington.

Pier 1 Imports, Inc. (PIR) gained $2.09 to close the day at a new closing price of $8.57, a 32.25% increase in value from its previous closing price that moved the stock 137.42% above its 52 week low of $3.73. A total of 27.5M shares exchanged hands during the day compared with its three month average trading volume of 2.4M. The stock, which fluctuated between $7.82 and $9.14 during the day, currently situated 15.94% above its 52 week high. The stock is up by 52.22% in the past one month and up by 112.44% over the past three months. With a one year target estimate of $4.55 and RSI of 82.58, the stock still has upside potential, making it a sell for now.

Pier 1 Imports, Inc. engages in the retail sale of decorative accessories, furniture, candles, housewares, gifts, and seasonal products. It offers decorative accents and textiles, such as rugs, wall decorations and mirrors, pillows, bedding, lamps, vases, dried and artificial flowers, baskets, ceramics, dinnerware, candles, fragrance, gifts, and seasonal items. The company also provides furniture and furniture cushions that are used in living, dining, office, kitchen and bedroom areas, sunrooms, and patios. Further, it supplies merchandise and licenses the Pier 1 Imports name. The company sells its products through retail stores and e-Commerce Website. As of February 27, 2016, the company operated 953 stores in the United States and 79 stores in Canada. Pier 1 Imports, Inc. was founded in 1970 and is headquartered in Fort Worth, Texas.

Sirius XM Holdings Inc. (SIRI) shares were down in last trading by -0.44% to $4.49. It experienced lighter than average volume on day. The stock decreased in value by almost -1.1% over the past week and fell -1.97% in the past month. It is currently trading 3.97% above its 50 day moving average and 9.55% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -3.44% decrease in value from its one year high of $4.65. The RSI indicator value of 53.29, lead us to believe that it is a hold for now.

Sirius XM Holdings Inc. provides satellite radio services in the United States. The company broadcasts music plus sports, entertainment, comedy, talk, news, traffic, and weather programs, including various music genres ranging from rock, pop and hip-hop to country, dance, jazz, Latin, and classical; live play-by-play sports from principal leagues and colleges; multitude of talk and entertainment channels for various audiences; national, international, and financial news; and local traffic and weather reports for 21 metropolitan markets. It also streams music and non-music channels over the Internet; and offer applications to allow consumers to access its Internet radio service on smartphones and tablet computers. In addition, the company distributes satellite radios through the sale and lease of new vehicles; and acquires subscribers through the sale and lease of previously owned vehicles with factory-installed satellite radios. Its satellite radio systems include satellites, terrestrial repeaters, and other satellite facilities; studios; and radios. Further, the company provides satellite television services, which offer music channels on the DISH NETWORK satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; real-time traffic services; and real-time weather services. Additionally, it offers location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data services, remote vehicles diagnostics, stolen or parked vehicle locator services, and monitoring of vehicle emission systems. The company also sells satellite and Internet radios directly to consumers through its Website, as well as through national and regional retailers. The company was founded in 1990 and is headquartered in New York, New York. Sirius XM Holdings Inc. operates as a subsidiary of Liberty Media Corporation.

 

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