Active Market-Capitalization Activities: Facebook Inc (NASDAQ:FB), Apple Inc (NASDAQ:AAPL), Alphabet Inc (NASDAQ:GOOGL)

On Thursday, Shares of Facebook Inc (NASDAQ:FB), inclined 4.75% to $108.92, during its current trading session.

FB is moving on high volume, trading at a volume of 46.71M shares, for now, as compared to its average daily volume of 27.95M shares. At $108.65, the stock is gaining momentum as shares are down from a peak price of $110.65 recorded on Oct 29, 2015. The stock is having its 200-day moving average of $89.12 and $96.23 as its 50-day moving average. The market capitalization as recorded for the firm is $292.43B. According to WSJ report, Facebook Inc. is now part of an exclusive group: The $300 billion market-cap club. Facebook is set to finish the session with a market value above $300 billion for the first time ever. If share gains hold, the social network would join six other heavyweights with market values surpassing $300 billion. They comprise Apple Inc., Alphabet Inc. (formerly Google), Microsoft Corp., Exxon Mobil Corp., Berkshire Hathaway Inc. and Amazon.com Inc. In addition to hitting a market value in excess of $300 billion, Facebook shares are trading at a record Thursday after two dozen analysts upped their price targets on the social media site’s shares Facebook’s earnings. Amazon beat out Facebook to the $300 billion market-cap club earlier this week. Its stock has jumped 16% in the past two weeks after the Seattle retailer earned a surprise profit in the third quarter, assisted by its fast-growing cloud business. Apple, the world’s most valuable company, has a market cap of $680 billion, according to FactSet’s latest data. Alphabet, the second most valuable firm in the S&P 500, has a market cap that tops $500 billion, according to the data provider.

Facebook’s Current Trade Update: The firm opened its current trade at $108.80, and as of now, it is trading at $109.12. The total volume traded for the day is 45.54M shares, as compared to its average daily volume of 27.95M shares. The stock is floating in a range of $107.95 $110.65. The stocks hold the market capitalization of $292.61B.

The mean estimate for the short-term price target for the firm stands at $112.73, according to 45 brokers. The higher price target for FB is $146.00, while the lower price target is $68.00.

Analysts mean recommendation for the stock is 1.70. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Facebook, Inc. operates as a social networking company worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications.

 AAPL’s Current Trade Update: The firm opened its current trade at $121.85, and as of now, it is trading at $120.54. The total volume traded for the day is 22.98M shares, as compared to its average daily volume of 51.15M shares. The stock is floating in a range of $120.18 $122.69. The stocks hold the market capitalization of $675.76B.

The mean estimate for the short-term price target for the firm stands at $148.88, according to 42 brokers. The higher price target for AAPL is $200.00, while the lower price target is $85.00.

Analysts mean recommendation for the stock is 1.90. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications.

 GOOGL’s Current Trade Update: The firm opened its current trade at $758.81, and as of now, it is trading at $762.06. The total volume traded for the day is 1.29M shares, as compared to its average daily volume of 2.26M shares. The stock is floating in a range of $757.47 $766.35. The stocks hold the market capitalization of $511.37B.

The mean estimate for the short-term price target for the firm stands at $840.13, according to 46 brokers. The higher price target for GOOGL is $950.00, while the lower price target is $705.00.

Analysts mean recommendation for the stock is 1.70. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Alphabet Inc., through its auxiliaries, builds technology products and provides services to organize the information.

About Travis Garlick 1791 Articles
Been writing about and trading stocks since 2013. Manage a group of micro-cap investors on Facebook with over 15,000 members. Turned $8,500 into 185k the first year I started trading stocks and haven't looked back.