Company Shares of CyberArk Software Ltd. (NASDAQ:CYBR) Rally 6.88%

CyberArk Software Ltd. (NASDAQ:CYBR) : Traders are bullish on CyberArk Software Ltd. (NASDAQ:CYBR) as it has outperformed the S&P 500 by a wide margin of 11.63% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.53%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 6.88% in the last 1 week, and is up 13.43% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have dropped -10.27% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $64.30 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $46.99 and the 200 Day Moving Average price is recorded at $42.26.

The stock has recorded a 20-day Moving Average of 8.15% and the 50-Day Moving Average is 15.31%.


CyberArk Software Ltd. (NASDAQ:CYBR): stock turned positive on Friday. Though the stock opened at $51.01, the bulls momentum made the stock top out at $52.75 level for the day. The stock recorded a low of $51.01 and closed the trading day at $51.7, in the green by 2.38%. The total traded volume for the day was 801,909. The stock had closed at $50.5 in the previous days trading.

Cyberark Software Ltd is an Israel-based security company. The Companys provides information technology security solutions that protect organizations from cyber attacks. The Companys products include CyberArk Shared Technology Platform, Privileged Account Security Solution and Sensitive Information Management Solution. It offers Privileged Account Security Solution, a solution to protect, monitor, detect, alert, and respond to privileged accounts. The company also provides Enterprise Class Integration for devices, networks, applications, and servers. Its CyberArk Privileged Session Manager that isolates, controls, and monitors privileged user access and activities. Its CyberArk Sensitive Information Management Solution, a platform for sharing and distributing information to users across systems using Web, desktop, mobile, and email.

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