Hortonworks (HDP) has been under a strong bear grip, hence the stock is down -7.68% 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 3.38% in the past 1 week. The stock has risen by 3.93% in the past week indicating that the buyers are active at lower levels, but the stock is down -9.55% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.98% and the 50-Day Moving Average is 20.77%.The 200 Day SMA reached 36.04% Hortonworks, Inc. has dropped 29.11% during the last 3-month period . Year-to-Date the stock performance stands at -64.98%.
Hortonworks (HDP) : Average target price received by Hortonworks (HDP) is $15.14 with an expected standard deviation of $4.91. The most aggressive target on the stock is $24, whereas the most downbeat target is $8. 7 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. Hortonworks (NASDAQ:HDP): The stock opened at $7.45 and touched an intraday high of $7.77 on Friday. During the day, the stock corrected to an intraday low of $7.41, however, the bulls stepped in and pushed the price higher to close in the green at $7.67 with a gain of 2.82% for the day. The total traded volume for the day was 1,005,967. The stock had closed at $7.67 in the previous trading session.
Hortonworks, Inc. is a provider and distributor of an enterprise-grade Hadoop solution called the Hortonworks Data Platform (HDP). The Companys platform integrates with data center technologies to enable data architectures and enables its customers to collect, store, process and analyze existing and new data types in a way that augments rather than replaces their existing data center infrastructure. It provides support subscription offerings and related professional services around the HDP, which is its open source software distribution of Apache Hadoop and associated projects. Its products include Hortonworks Data Platform and Hortonworks Sandbox. Its range of professional services are training and consulting. It caters to vertical markets, including online services, education, financial services, Government, healthcare/pharmaceuticals, industrials/manufacturing, media/entertainment, retail/ecommerce, technology and telecommunications.