CDK Global (CDK) Shares are Up 0.62%

CDK Global (CDK) : Traders are bullish on CDK Global (CDK) as it has outperformed the S&P 500 by a wide margin of 0.28% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.57%, 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 0.62% in the last 1 week, and is up 1.32% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 0.79% and the 50-Day Moving Average is 3.14%. CDK Global (NASDAQ:CDK): On Fridays trading session , Opening price of the stock was $58.32 with an intraday high of $58.55. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $58.17. However, the stock managed to close at $58.44, a loss of 0.14% for the day. On the previous day, the stock had closed at $58.52. The total traded volume of the day was 551,100 shares.


The company Insiders own 0.3% of CDK Global shares according to the proxy statements. Institutional Investors own 86.48% of CDK Global shares.

CDK Global, Inc. is a global provider, both integrated technology and digital marketing/advertising solutions to the automotive retail industry. The Companys solutions automate and integrate critical workflow processes from pre-sale targeted advertising and marketing campaigns to the sale, financing, insurance, parts supply, repair and maintenance of vehicles, with an increasing focus on utilizing big data analytics and predictive intelligence. The Companys solutions address the entire automotive retailers value chain. The Company operates in three segments: Automotive Retail Solutions North America (North American Automotive Retail), Automotive Retail Solutions International (International Automotive Retail), and Digital Marketing Solutions (Digital Marketing).

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