Company Shares of Hortonworks (NASDAQ:HDP) Drops by -0.19%

Hortonworks (NASDAQ:HDP) has risen sharply, recording gains of 0.67% in the past 4 weeks. However, the stock has corrected -0.19% in the past 1 week, providing a good buying opportunity on dips. Hortonworks (NASDAQ:HDP) : During the past 4 weeks, traders have been relatively bearish on Hortonworks (NASDAQ:HDP), hence the stock is down -0.93% 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 -1.45% relative to the S&P 500.

The company shares have dropped -57.74% from its 1 Year high price. On Aug 6, 2015, the shares registered one year high at $28.91 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $10.98 and the 200 Day Moving Average price is recorded at $11.95.

The stock has recorded a 20-day Moving Average of 0.95% and the 50-Day Moving Average is 4.01%.


Hortonworks (NASDAQ:HDP): stock turned positive on Friday. Though the stock opened at $10.33, the bulls momentum made the stock top out at $10.57 level for the day. The stock recorded a low of $10.28 and closed the trading day at $10.57, in the green by 2.82%. The total traded volume for the day was 695,099. The stock had closed at $10.28 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Reasoner Scott, officer (See Remarks) of Hortonworks, Inc., had unloaded 4,604 shares at an average price of $10.69 in a transaction dated on June 30, 2016. The total value of the transaction was worth $49,217.

Hortonworks, Inc. is a provider and distributor of an enterprise-grade Hadoop solution called the Hortonworks Data Platform (HDP). The Companys platform integrates with data center technologies to enable data architectures and enables its customers to collect, store, process and analyze existing and new data types in a way that augments rather than replaces their existing data center infrastructure. It provides support subscription offerings and related professional services around the HDP, which is its open source software distribution of Apache Hadoop and associated projects. Its products include Hortonworks Data Platform and Hortonworks Sandbox. Its range of professional services are training and consulting. It caters to vertical markets, including online services, education, financial services, Government, healthcare/pharmaceuticals, industrials/manufacturing, media/entertainment, retail/ecommerce, technology and telecommunications.

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