(Nasdaq:ADBE) Adobe Systems Incorporated Sets 52 Week High Record Of $277.61

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ADBE
ADBE

Adobe Systems Incorporated (Nasdaq:ADBE)

September 14th, 2018

Adobe Systems Incorporated closed Friday up 2.30%, a $6.17 increase to close on $274.69. Furthermore it hit a new 52 week high of $277.61. In addition to finishing higher, trading volumes were solid at 240% of normal which can indicate investors see opportunities.

ADBE outperformed the rest of the Information Technology sector which went up 0.02% today.

Adobe Systems Incorporated is listed on the S&P 500 index, and was one of 290 stocks that rose today. Weighted by market cap, ADBE represents about 0.44% of the S&P 500.

Adobe Systems Incorporated is listed on NASDAQ 100, and was one of 54 stocks that rose today. Weighted by market cap, ADBE represents about 0.44% of NASDAQ 100.

Results from 24 analysts suggest that Adobe Systems Incorporated might go up somewhat (1.84%), while Finbox has calculated (with medium uncertainty) a fair value price of $265.23.

Adobe Systems is based in Adobe World Headquarters, United States of America. was founded in February 1982

Adobe Systems Incorporated Info

Adobe Systems Incorporated operates as a diversified software company worldwide. Its Digital Media segment provides tools and solutions that enable individuals, small and medium businesses, and enterprises to create, publish, promote, and monetize their digital content. Its flagship product is Creative Cloud, a subscription service that allows customers to download and install the latest versions of its creative products. This segment serves traditional content creators, Web application developers, and digital media professionals, as well as their management in marketing departments and agencies, companies, and publishers. The company’s Digital Marketing segment offers solutions for how digital advertising and marketing are created, managed, executed, measured, and optimized. This segment provides analytics, social marketing, targeting, media optimization, digital experience management, cross-channel campaign management, audience management, and video delivery and monetization solutions to digital marketers, advertisers, publishers, merchandisers, Web analysts, chief marketing officers, chief information officers, and chief revenue officers. Its Print and Publishing segment offers products and services, such as e-learning solutions, technical document publishing, Web application development, and high-end printing, as well as publishing needs of technical and business, and original equipment manufacturers (OEMs) printing businesses. The company markets and licenses its products and services directly to enterprise customers through its sales force, as well as to end-users through app stores and through its Website at adobe.com. It also distributes products and services through a network of distributors, value-added resellers, systems integrators, independent software vendors, retailers, and OEMs. The company was founded in 1982 and is headquartered in San Jose, California.

All amounts in USD unless otherwise indicated

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