Tableau Software (NYSE:DATA) has been under a strong bear grip, hence the stock is down -7.81% 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 1.84% in the past 1 week. The stock has risen by 3.15% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.33% in the past 4 weeks.
The company shares have dropped -58.14% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $131.34 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $52.12 and the 200 Day Moving Average price is recorded at $55.89.
The stock has recorded a 20-day Moving Average of 3.03% and the 50-Day Moving Average is 1.12%.
Tableau Software (NYSE:DATA): stock turned positive on Friday. Though the stock opened at $49.99, the bulls momentum made the stock top out at $51.08 level for the day. The stock recorded a low of $49.84 and closed the trading day at $50.5, in the green by 1.96%. The total traded volume for the day was 887,374. The stock had closed at $49.53 in the previous days trading.
In an insider trading activity, Baskett Forest, director of Tableau Software Inc, unloaded 73,200 shares at an average price of $55.15 on June 7, 2016. The total amount of the transaction was worth $4,036,980, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Tableau Software, Inc. (Tableau) is a provider of analytics and business intelligence software solutions. The Companys products are Tableau Desktop, a self-service analytics product, Tableau Server, a business intelligence platform for organizations, Tableau Online, a cloud-based version of Tableau Server, and Tableau Public, a free cloud-based platform for analyzing and sharing public data. The Companys products are used by people across a range of organizations, including Fortune 500 corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits. The Companys technologies include visual query language (VizQL), a visual query language that translates drag-and-drop actions into data queries and then expresses the information visually, and Hybrid Data Architecture, which combines the Companys Live Query and In-Memory Data Engines technologies. The Company markets its products under the Tableau brand.