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Microsoft Corporation (MSFT) Sell Rating Reiterated by Citigroup Inc

The software giant Microsoft (NASDAQ:MSFT got its “sell” rating, after the shares trade down to around 5.67 percentage by reaching $43.07. The research was conducted by “equities research analysts at Citigroup Inc” and released the survey on last Wednesday.microsoft-logo-redmond

The company has a price to the ratio of 29.10 with the total trading amount was around 60,357,278 shares, with a market cap of $344.47 billion. The company records a 12 month low of $40.12 and also high as %50.05. The company has announced its last quarterly result on July 21st, and according to the analyst an estimation of $0.56 per share, the company has reported $0.62 earnings per share, and differ only $0.06 from the analyst’s report. While comparing to the previous year, the company has made a earning of $0.55 per share and which is crossed by last quarter’s earnings.

In the meantime, lots of research was done by the analyst regarding the company’s data and Credit Suisse gave “buy” rating for the Microsoft shares, after the report released by it on last Friday.

Microsoft Corporation is becoming one of the top companies which indulge in cloud storage service. After Satya Nadella becomes the CEO of the company, the company started to engage in various activities such as developing, supporting and also licensing several ranges of applications, and delivers a number of products for the global consumers. Microsoft offers a variety of products and services that ranges from online advertising to hardware products. Apart from this, the company involves in five major divisions, namely “Consumer Licensing, D&C Hardware, D&C Other, Commercial Licensing and Commercial other”.

Additionally, the company offers products such as mobile phones (after acquiring Nokia, it changes name to Microsoft), operating system (we all know), server applications, personal assistant device, servers and other productivity applications that enhance day to day activity of all global users. In addition to that, Microsoft has involved in providing cloud services to many support solutions to global consumers.

About Zaveeth Aslam F

Zaveeth Aslam F is an enthusiast, emerged into blogging, software development and technical writing. He loves to all aspects of Technology, Online Shopping, Gadgets and expert in Mobile Phones (iOS, Android, BB, etc.). Before joining TheNextDigit, he worked with several organizations, and has a wide range of knowledge in field of Internet.He has a collection of gaming consoles from Gameboy to latest Xbox One. He writes news articles related to gaming, smartphones and other gadgets.

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