Why Is It Moving? Looking Into Why Cisco Systems's Stock is Trading Higher Today

The Price And Volume Action In Cisco Systems's Stock Today

Cisco Systems CSCO is currently up 4.21% to a price of $46.41. The stock's current volume for the day is 6.59 million, which is approximately 32.67% of its previous 30-day average volume of 20.16 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Cisco Systems shares are trading higher after JP Morgan upgraded the stock from Neutral to Overweight and announced a price target of $55 per share.

Insights On Recent Price Action

The stock's 50-day moving average was $45.56 at the time this article was published. Over the past fifty-two weeks, the price has risen as high as $49.34 and fallen to a low of $32.4.

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