EMC Coverage Initiated by Analysts at Macquarie (EMC)
Investment analysts at Macquarie began coverage on shares of EMC (OTC:EMC) in a note issued to investors on Tuesday, American Banking & Market News reports. The firm set a “neutral” rating on the stock.
EMC (OTC:EMC) traded up 2.39% on Tuesday, hitting $25.74. 30,256,966 shares of the company’s stock traded hands. EMC has a 52 week low of $21.45 and a 52 week high of $27.34. The stock’s 50-day moving average is $24.32 and its 200-day moving average is $25.10. The company has a market cap of $52.969 billion and a P/E ratio of 20.11.
EMC Corporation (OTC:EMC) and its subsidiaries develops, delivers and supports the information technology (IT) industry’s range of information infrastructure and virtual infrastructure technologies, solutions and services.
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