Qlik Technologies (NASDAQ:QLIK) has been under a strong bear grip, hence the stock is down -1.46% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.2% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.49% in the last 1 week, and is up 0.13% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -19.89% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $42.18 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $30.06 and the 200 Day Moving Average price is recorded at $27.77.
The stock has recorded a 20-day Moving Average of 0.86% and the 50-Day Moving Average is 0.72%.
Qlik Technologies (NASDAQ:QLIK): stock turned positive on Friday. Though the stock opened at $30.05, the bulls momentum made the stock top out at $30.07 level for the day. The stock recorded a low of $29.97 and closed the trading day at $30.04, in the green by 0.27%. The total traded volume for the day was 1,024,239. The stock had closed at $29.96 in the previous days trading.
In an insider trading activity,The officer (VP and General Counsel) of Qlik Technologies Inc, Lofton Deborah C sold 3,029 shares at $30.11 on June 6, 2016. The Insider selling transaction had a total value worth of $91,203. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Qlik Technologies Inc. is a provider of user-driven, business intelligence (BI) solutions. The Company is engaged in the development, commercialization and implementation of software products and related services. The Companys core solution for guided analytics is QlikView, which allows people create and share insights and analysis in groups and across organizations. The Companys QlikView Desktop is a Windows application that enables the user to load data from disparate sources. QlikView Expressor provides a graphical studio for designing and managing data integration for QlikView apps. QlikView NPrinting is a report generation, distribution and scheduling application for QlikView. Qlik Sense is self-service data visualization and analysis application. Qlik Sense Desktop allows users to connect to any underlying data source, load data, build user interfaces and conduct interactive analyses of their data.