Box (NYSE:BOX) : During the past 4 weeks, traders have been relatively bearish on Box (NYSE:BOX), hence the stock is down -11.13% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.99% relative to the S&P 500. The 4-week change in the price of the stock is -9.7% and the stock has fallen -1.74% in the past 1 week.
The company shares have dropped -40.12% from its 1 Year high price. On Jul 17, 2015, the shares registered one year high at $19.09 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $11.29 and the 200 Day Moving Average price is recorded at $11.73.
The stock has recorded a 20-day Moving Average of 6.77% and the 50-Day Moving Average is 12.42%.
Box (NYSE:BOX): stock turned positive on Friday. Though the stock opened at $10.1, the bulls momentum made the stock top out at $10.31 level for the day. The stock recorded a low of $10.08 and closed the trading day at $10.15, in the green by 1.10%. The total traded volume for the day was 1,010,039. The stock had closed at $10.04 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Box Inc, Stein Josh had purchased shares worth of $60,700 in a transaction dated on October 9, 2015. A total of 5,000 shares were purchased at a price of $12.14 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Box, Inc. provides a cloud-based, mobile-optimized Enterprise Content Collaboration platform. The Companys platform enables organizations to manage their content. Its platform enables users to collaborate on content both internally and externally, build workflows and deploy compliance and security features. The Companys platform works across multiple file formats, application environments, operating systems and devices. The Company also delivers industry-specific solutions that focus on customers in industries, such as healthcare and life sciences, financial services, legal services, media and entertainment, retail, education, energy and Government. The Companys platform integrates with the applications of its technology partners, including salesforce.com, NetSuite and others. Its Box OneCloud ecosystem provides users with access to around 1,300 iOS and Android third-party applications.