A10 Networks (ATEN) Shares are Up 1.52%

A10 Networks (ATEN) : Traders are bullish on A10 Networks (ATEN) as it has outperformed the S&P 500 by a wide margin of 6.73% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.35%, 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 1.52% in the last 1 week, and is up 6.16% 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 4.31% and the 50-Day Moving Average is 16.25%.The 200 Day SMA reached 53.01%


A10 Networks (NYSE:ATEN): After opening at $10.53, the stock dipped to an intraday low of $10.46 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $10.865 and the buying power remained strong till the end. The stock closed at $10.69 for the day, a gain of 1.81% for the day session. The total traded volume was 671,743. The stocks close on the previous trading day was $10.69.

A10 Networks (ATEN) : The highest short term price target forecast on A10 Networks (ATEN) is $12 and the lowest target price is $8. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $10.58 with a standard deviation of $1.28.

A10 Networks, Inc. (A10) is a provider of advanced application networking technologies. The Companys products are built on its Advanced Core Operating System (ACOS). Its offers three software -based advanced application networking solutions. These are Application Delivery Controllers (ADCs), which can optimize data center performance; Carrier Grade Networking products (CGN), which provides address and protocol translation services for service provider networks, and Distributed Denial of Service Threat Protection System (TPS) for network-wide security protection. The Company delivers these solutions both on optimized hardware appliances and as virtual appliances across its Thunder Series and AX Series product families. The Company offers its solutions to enterprises, service providers, Web giants and Government organizations.

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