A10 Networks (ATEN) : Traders are bullish on A10 Networks (ATEN) as it has outperformed the S&P 500 by a wide margin of 26.22% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.43%, 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 1.76% in the last 1 week, and is up 25.96% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 15.02% and the fifty day Moving Average is 31.45%. A10 Networks, Inc. is up 54.63% in the last three month period. Year-to-Date the stock performance stands at 50.15%.
A10 Networks (ATEN) : The consensus price target for A10 Networks (ATEN) is $9.75 for the short term with a standard deviation of $1.41. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $11, however, the pessimist price target for the company is $8.
A10 Networks (NYSE:ATEN): stock turned positive on Friday. Though the stock opened at $9.68, the bulls momentum made the stock top out at $9.88 level for the day. The stock recorded a low of $9.68 and closed the trading day at $9.85, in the green by 0.92%. The total traded volume for the day was 527,024. The stock had closed at $9.76 in the previous days trading.
A10 Networks, Inc. (A10) is a provider of advanced application networking technologies. The Companys products are built on its Advanced Core Operating System (ACOS). Its offers three software -based advanced application networking solutions. These are Application Delivery Controllers (ADCs), which can optimize data center performance; Carrier Grade Networking products (CGN), which provides address and protocol translation services for service provider networks, and Distributed Denial of Service Threat Protection System (TPS) for network-wide security protection. The Company delivers these solutions both on optimized hardware appliances and as virtual appliances across its Thunder Series and AX Series product families. The Company offers its solutions to enterprises, service providers, Web giants and Government organizations.