Insiders Are Buying CUI Global, Inc. (NASDAQ:CUI)

According to the latest filings, corporate insiders at CUI Global, Inc. (NASDAQ:CUI) have increased their position in the stock by 37.01% over the past 6 months.  Insiders now own 0.70% of total outstanding shares. 

CUI Global, Inc. (NASDAQ:CUI) stands -13.90% away from its 50-day simple moving average and also -37.23% away from the 200-day average.  Recently, the equity stands -54.53% away from the 52-week high and 5.99% from the 52-week low.  The RSI (Relative Strength Index), an indicator that shows price strength by comparing upward and downward close-to-close movements is 39.13.

ANALYST RECOMMENDATIONS

Wall Street analysts on the sell-side covering shares of CUI Global, Inc. (NASDAQ:CUI) have a mean recommendation of 1.60 on the shares.  This is based on a numerical chart where each stock recommendation (Buy,Sell,Hold) is translated into a numerical equivalent.  A low number indicates a Buy and a higher number a Sell.  In terms of where analysts see the stock headed, they have a consensus price target of $9.00  on the shares.

Leave A Reply

Your email address will not be published.