Finance

Which stock will you Buy? 3M Company (NYSE:MMM), Nuance Communications, Inc. (NASDAQ:NUAN)

3M Company (NYSE:MMM)

3M Company (NYSE:MMM), ended its previous trading session at $179.78 showing a loss of -1.59 or -0.88 percent with respect to the price of $181.37 when stock market opened. The company traded 2.46 Million shares over the course of the trading day. Giving the average volume of 2.6 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 577.38 Million.

3M Company (NYSE:MMM) is currently trading Higher than its price target which is set to $172.31 by the analyst. The stock is -18.19% Below its 1-Year High which is $219.75. MMM has a difference of 19.39% from its 1 year low which stands at $150.58. The company is currently rated by analyst who are keeping a close eye on the stock as 3.2. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

3M Company (NYSE:MMM) Performance Snapshot

The stock performed exceptionally bad in the previous week which depicts an decrease of -0.47 percent in the shares price. The company added about 6.51% in its share price over 1-Month. While taking about the performance of the stock over 1-year interval is -4.85 Percent. MMM currently shows 1.9% as its year to date performance.

3M Company (NYSE:MMM) Price Insight

The stock needs to grow about $-7.47 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 1.63%, 4.09% and 3.8 percent respectively. The stock trades about 1.73 percent of its Float giving its total shares Outstanding are 577.38 Million. MMM gained about 2.93 percent in 6 months showing its Average True Range of 2.81. The company currently has a RSI and Beta of 58.8 and 1.12.

While talking about 3M Company (NYSE:MMM) valuation ratios, the stock trades with a P/S and P/B of 3.25 and 9.69 which is significantly better and attractive as compared to its peers.

Nuance Communications, Inc. (NASDAQ:NUAN)

Nuance Communications, Inc. (NASDAQ:NUAN), closed the last trading session at $19.44 with increase of $0.16 or 0.86 percent against the opening price of $19.28. The trading day volume of the company stands at 2.72 Million shares while the average trading volume of Nuance Communications, Inc. (NASDAQ:NUAN) is 2.68 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 284.02 Million.

The price target of Nuance Communications, Inc. (NASDAQ:NUAN) is currently set at 20 by the analysts. The stock is $-0.03 Below its 1-Year High which is $19.45. NUAN hit its 1-Year low price of $12.63. The company is currently rated by analyst who are keeping a close eye on the stock as 2. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Nuance Communications, Inc. (NASDAQ:NUAN)

The value of the stock increased by 6.17% during the previous week performance. Looking at the 1 month performance of Nuance Communications, Inc. (NASDAQ:NUAN), the stock jumped 10.73%. While the 1 year performance shows a positive percentage of 48.75 and year to date performance stands at 9.06%.

Nuance Communications, Inc. (NASDAQ:NUAN) Analytical Review

The stock needs to grow about $0.559999999999999 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are 7.36%, 11.14% and 26.45 percent respectively. The stock trades about 3.68 percent of its Float giving its total shares Outstanding are 284.02 Million. NUAN gained about 36.64 percent in 6 months showing its Average True Range of 0.33. The company currently has a RSI and Beta of 80.78 and 0.95.

While talking about Nuance Communications, Inc. (NASDAQ:NUAN) valuation ratios, the stock trades with a P/S and P/B of 3.03 and 2.62 which is significantly better and attractive as compared to its peers.