Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) has obtained a mean price target of $69.830 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $1.190 a share for the near-term quarter and $3.460 for this year. Technical View The technical analysis of Qihoo 360 Technology Co. Ltd. A clearly shows that the moving average of 50-days of Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) stock is $73.298, and stock is trading 0.657 or +0.896% off from $73.298. Coming to moving average of 200-days, it is $72.693, and the stock is $1.262 or +1.736% off from this point. The 52-week high of Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) was $76.100 while $41.640 is the low in the same period. This state Qihoo 360 Technology Co. Ltd. A shares price has to travel more than $-2.145 to register a new high of 52-weeks or drop $+77.606% to touch a new 52-week low point. MA here stands for moving average. Taking the Valuation Aspect To reach the estimation of Qihoo 360 Technology Co. Ltd. A, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) ratio came in at 31.284, which was derived by dividing current price of stock by yearly earnings. Qihoo 360 Technology Co. Ltd. A stock recorded a close of $73.955 in last trading session, reaching a market cap of $8.92B. Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Qihoo 360 Technology Co. Ltd. (NYSE:QIHU) PEG ratio is at 0.550.
1 Chart Pattern Every Investor Should Know