Check Point Software Technologies Ltd. (CHKP) : Traders are bullish on Check Point Software Technologies Ltd. (CHKP) as it has outperformed the S&P 500 by a wide margin of 0.8% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.46%, 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 1.79% in the last 1 week, and is up 0.59% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.37% and the fifty day Moving Average is 1.69%. Check Point Software Technologies Ltd. has dropped 7.5% during the last three month period . Year-to-Date the stock performance stands at -4.98%.
Check Point Software Technologies Ltd. (CHKP) : The highest short term price target forecast on Check Point Software Technologies Ltd. (CHKP) is $100 and the lowest target price is $83. A total of 12 equity analysts are currently covering the company. The average price of all the analysts is $91 with a standard deviation of $5.17.
Check Point Software Technologies Ltd. (NASDAQ:CHKP): stock turned positive on Friday. Though the stock opened at $76.15, the bulls momentum made the stock top out at $77.45 level for the day. The stock recorded a low of $75.94 and closed the trading day at $77.33, in the green by 1.83%. The total traded volume for the day was 2,232,964. The stock had closed at $75.94 in the previous days trading.
Check Point Software Technologies Ltd (Check point) develops, markets and supports a range of products and services for information technology (IT) security. The products and services are sold to enterprises, service providers, small and medium sized businesses and consumers. The Checkpoints Software Blade architecture offers enterprises a common platform to deploy independent, modular and interoperable security applications (Software Blades), such as firewall, virtual private network (VPN), intrusion prevention system (IPS), Application Control, Anti-Bot, antivirus, data loss prevention (DLP), policy management, event analysis, or multi-domain management. The Company offers these software blades grouped into functional packages to address specific security issues. Software-defined Protection (SDP) is a security architecture that is designed to protect against unknown threats.