POSAF Posabit Systems Corp Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Accenture PLC (NYSE:ACN), International Business Machines Corp (NYSE:IBM), Xerox Holdings Corp (NASDAQ:XRX), Unisys Corp (NYSE:UIS).

The industry, whose total market cap runs into trillions, makes hardware/software that allows data to be stored, retrieved, transmitted, and manipulated on computers. With the ever-increasing relevance of data, the information technology (IT) industry has gained momentous growth over the years, and continues to thrive on innovation. Some of the behemoths in the industry are International Business Machines Corporation, Accenture, and VMware, Inc.

The average market capitalization across the Information Technology Services Industry is 7.7B. The market cap for tickers in the group ranges from 0 to 199.84B. ACN holds the highest valuation in this group at 199.84B. The lowest valued company is ARSC at 0.

The average weekly price growth across all stocks in the Information Technology Services Industry was 13%. For the same Industry, the average monthly price growth was 8%, and the average quarterly price growth was 2%. MBGH experienced the highest price growth at 211%, while SVPLF experienced the biggest fall at -57%.

The average weekly volume growth across all stocks in the Information Technology Services Industry was 12%. For the same stocks of the Industry, the average monthly volume growth was 16% and the average quarterly volume growth was -17%