Company Shares of CVENT (NYSE:CVT) Drops by -2.1%

CVENT (NYSE:CVT) : During the past 4 weeks, traders have been relatively bearish on CVENT (NYSE:CVT), hence the stock is down -3.68% 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 -3.34% relative to the S&P 500. The 4-week change in the price of the stock is -2.13% and the stock has fallen -2.1% in the past 1 week.

The company shares have rallied 30.39% from its 1 Year high price. On Dec 8, 2015, the shares registered one year high at $37.25 and the one year low was seen on Feb 26, 2016. The 50-Day Moving Average price is $35.66 and the 200 Day Moving Average price is recorded at $29.07.

The stock has recorded a 20-day Moving Average of 1.82% and the 50-Day Moving Average is 1.87%.


CVENT (NYSE:CVT): stock turned positive on Friday. Though the stock opened at $34.92, the bulls momentum made the stock top out at $35.03 level for the day. The stock recorded a low of $34.725 and closed the trading day at $34.97, in the green by 0.69%. The total traded volume for the day was 710,865. The stock had closed at $34.73 in the previous days trading.

In an insider trading activity,The officer (Chief Technology Officer) of Cvent Inc, Quattrone David C. sold 4,000 shares at $22 on April 8, 2016. The Insider selling transaction had a total value worth of $88,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Cvent, Inc. is a cloud-based enterprise event management platform. The Company provides solutions for both sides of the events and meetings value chain, such as event and meeting planners, and hotels and venues. The Companys integrated, cloud-based solution is used in the entire event lifecycle by allowing event and meeting planners to organize, market and manage their meetings, conferences, tradeshows and other events. Its hospitality cloud provides hotels and venues with a solution suite to generate, manage and measure their demand for group meetings. For the event and meeting planner side of the value chain, which includes corporations, associations, not-for-profits, Government agencies and universities, and events and meetings? It offers six product categories, which include event management software, enterprise solutions software, mobile event apps, pre- and post-event feedback management software, ticketing software and the Hospitality Cloud, which includes CSN.

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