CDK Global (CDK) : Traders are bullish on CDK Global (CDK) as it has outperformed the S&P 500 by a wide margin of 1.7% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.43%, 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 0.94% in the last 1 week, and is up 1.57% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 1.45% and the 50-Day Moving Average is 3.02%.The 200 Day SMA reached 17.89%. CDK Global, Inc. is up 4.64% in the last 3-month period. Year-to-Date the stock performance stands at 24.95%.
CDK Global (NASDAQ:CDK): After opening at $58.59, the stock dipped to an intraday low of $58.4 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $59.25 and the buying power remained strong till the end. The stock closed at $58.99 for the day, a gain of 1.20% for the day session. The total traded volume was 860,085. The stocks close on the previous trading day was $58.29.
CDK Global, Inc. is a global provider, both integrated technology and digital marketing/advertising solutions to the automotive retail industry. The Companys solutions automate and integrate critical workflow processes from pre-sale targeted advertising and marketing campaigns to the sale, financing, insurance, parts supply, repair and maintenance of vehicles, with an increasing focus on utilizing big data analytics and predictive intelligence. The Companys solutions address the entire automotive retailers value chain. The Company operates in three segments: Automotive Retail Solutions North America (North American Automotive Retail), Automotive Retail Solutions International (International Automotive Retail), and Digital Marketing Solutions (Digital Marketing).