Into the Fray: Investors are Watching Increased Activity for QUALCOMM Incorporated (NASDAQ:QCOM)

Recent session action on shares of QUALCOMM Incorporated (NASDAQ:QCOM) puts the stock on today’s active list. Since the open, shares have moved 0.46% after recently hitting the $52.19 mark.

Digging a bit further, company shares have been noted -27.13% off the 52 week high and 6.68% away from the 52 week low. Looking at a shorter time period, shares have been seen -8.34% away from the 50 day high and 6.68% off the 50 day low price.Covering sell-side analysts have recently weighed in on shares of QUALCOMM Incorporated (NASDAQ:QCOM). At the time of writing, the First Call consensus price target for the company is $59.44. The current consensus recommendation provided by covering analysts is 2.50. This recommendation lands on a scale between 1 and 5. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. A rating of 4 or 5 would represent a Sell recommendation. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation.

Since the beginning of the calendar year, the stock is -19.95%. For the quarter, shares have been noted at -8.15%. Share performance for the month is currently at -2.10%. Tightening the gaze, stock performance for the last 5 trading days is 5.14%.

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