CDK Global (CDK) has risen sharply, recording gains of 3.47% in the past 4 weeks. However, the stock has corrected -0.21% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.11% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.47% and the 50-Day Moving Average is 3.54%. CDK Global, Inc. is up 21.78% in the last 3-month period. Year-to-Date the stock performance stands at 22.41%.
CDK Global (NASDAQ:CDK): stock turned positive on Friday. Though the stock opened at $57.83, the bulls momentum made the stock top out at $58.03 level for the day. The stock recorded a low of $57.4987 and closed the trading day at $57.79, in the green by 0.14%. The total traded volume for the day was 1,131,963. The stock had closed at $57.71 in the previous days trading.
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).