Netsuite Inc (NYSE:N) has been under a strong bear grip, hence the stock is down -7.76% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.9% in the past 1 week. The stock has risen by 2.19% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.27% in the past 4 weeks.
The company shares have dropped -18.58% from its 1 Year high price. On Jul 24, 2015, the shares registered one year high at $102.46 and the one year low was seen on Feb 16, 2016. The 50-Day Moving Average price is $77.71 and the 200 Day Moving Average price is recorded at $71.96.
The stock has recorded a 20-day Moving Average of 1.33% and the 50-Day Moving Average is 3.99%.
Netsuite Inc (NYSE:N): stock turned positive on Friday. Though the stock opened at $73.45, the bulls momentum made the stock top out at $75.2 level for the day. The stock recorded a low of $73.26 and closed the trading day at $74.72, in the green by 2.33%. The total traded volume for the day was 636,001. The stock had closed at $73.02 in the previous days trading.
In an insider trading activity, Skinner Ned, director of South Dakota Soybean Processors Llc, executed a transaction worth $66,600 on July 1, 2016. A total of 18,500 shares were purchased at an average price of $3.6. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
NetSuite Inc. (NetSuite) is a provider of cloud-based financials, enterprise resource planning (ERP) and omnichannel commerce software suites. The Companys offerings include NetSuite, NetSuite OneWorld, NetSuite CRM+, NetSuite OpenAir PSA, SuiteCommerce, NetSuite POS, TribeHR, LightCMS, Add-On Modules, NetSuite Industry Editions and SuiteCloud Platform. Its main offering is NetSuite, which provides core business management capabilities. NetSuite, OneWorld and NetSuite CRM+ are designed for use by most types of businesses. NetSuite OpenAir (OpenAir) PSA is for professional services businesses. SuiteCommerce enables businesses to move from standalone transactional channels to an integrated commerce solution. NetSuite POS is a point-of-sale solution. TribeHR is a HCM solution. LightCMS is a Web-based software platform. SuiteCloud is the Companys technology platform. It delivers its applications over the Internet as a subscription service using the software-as-a-service (SaaS) model.