Callidus Software (NASDAQ:CALD) : Traders are bullish on Callidus Software (NASDAQ:CALD) as it has outperformed the S&P 500 by a wide margin of 1.51% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.31%, 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 1.6% in the last 1 week, and is up 3.14% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 36.05% from its 1 Year high price. On Dec 16, 2015, the shares registered one year high at $21.64 and the one year low was seen on Feb 10, 2016. The 50-Day Moving Average price is $19.22 and the 200 Day Moving Average price is recorded at $16.74.
The stock has recorded a 20-day Moving Average of 3.85% and the 50-Day Moving Average is 9.53%.
Callidus Software (NASDAQ:CALD): stock turned positive on Friday. Though the stock opened at $20.12, the bulls momentum made the stock top out at $20.41 level for the day. The stock recorded a low of $20 and closed the trading day at $20.34, in the green by 1.95%. The total traded volume for the day was 884,235. The stock had closed at $19.95 in the previous days trading.
In an insider trading activity, Culhane Mark, director of Callidus Software Inc, unloaded 15,000 shares at an average price of $17.15 on May 16, 2016. The total amount of the transaction was worth $257,250, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Callidus Software Inc. is a provider of cloud-based sales, marketing, learning and customer experience solutions. The Companys CallidusCloud enables its customers to accelerate their Lead to Money process with a suite of solutions that identify leads, implement territory and quota plans, enable sales forces, automate bid configuration pricing and quoting, manage contracts, streamline sales compensation and capture customer feedback for competitive advantage. The Company provides a range of services to its customers including professional services, business process outsourcing services, maintenance and technical support services, and education services. Territory and Quota helps customers evaluate their territory, quota distribution plans and strategies for meeting corporate sales goals.