Qlik Technologies (NASDAQ:QLIK) has tumbled 0.33% during the past week and has dropped 3.39% in the last 4 week period. The company has outperformed the S&P 500 by 0.86% in the past week but underperformed the index by 4.27% in the last 4 weeks.
Qlik Technologies (NASDAQ:QLIK): The stock opened at $29.95 on Friday but the bulls could not build on the opening and the stock topped out at $29.96 for the day. The stock traded down to $29.81 during the day, due to lack of any buying support eventually closed down at $29.90 with a loss of -0.10% for the day. The stock had closed at $29.93 on the previous day. The total traded volume was 2,221,151 shares.
The company shares have dropped -20.77% 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 $30.52 and the 200 Day Moving Average price is recorded at $27.93.
On the companys insider trading activities, The officer (VP and General Counsel), of Qlik Technologies Inc, Lofton Deborah C had unloaded 3,029 shares at $30.11 per share in a transaction on June 6, 2016. The total value of transaction was $91,203. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Brokerage firm SunTrust Robinson Humphrey downgrades its rating on Qlik Technologies (NASDAQ:QLIK). The shares have been rated Neutral. Previously, the analysts had a Buy rating on the shares. The rating by the firm was issued on June 6, 2016. Currently the company Insiders own 2.6% of Qlik Technologies shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -33.33% . During last six month period, the net percent change held by insiders has seen a change of -33.33%.
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.