Citrix Systems (CTXS) Shares are Up 0.61%

Citrix Systems (CTXS) has been under a strong bear grip, hence the stock is down -0.91% 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 1.27% in the past 1 week. The stock has risen by 0.61% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.12% in the past 4 weeks.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 1.78% and the fifty day Moving Average is 3.77%. Citrix Systems, Inc. is up 3.08% in the last three month period. Year-to-Date the stock performance stands at 16.5%.

Citrix Systems (CTXS) : Average target price received by Citrix Systems (CTXS) is $89 with an expected standard deviation of $8.24. The most aggressive target on the stock is $99, whereas the most downbeat target is $71. 15 financial analysts are currently covering the stock.


Citrix Systems (NASDAQ:CTXS): On Fridays trading session , Opening price of the stock was $88.4 with an intraday high of $89.48. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $87.6. However, the stock managed to close at $88.13, a loss of 0.17% for the day. On the previous day, the stock had closed at $88.28. The total traded volume of the day was 1,051,160 shares.

Citrix Systems, Inc. provides virtualization, mobility management, networking and SaaS solutions to businesses. The Companys solutions offer secure, mobile workspaces that provide people with access to apps, desktops, data and communications on any device, over any network or cloud. It markets and licenses its products directly to customers. The Company operates through two segments: Enterprise and Service Provider division and the Mobility Apps division. Enterprise and Service Provider divisions Workspace services include mobile platforms, desktop and application virtualization, citrix workspace suite and delivery networking. Its Mobility Apps applications include communications cloud, documents cloud and workflow cloud. It also offers Professional Services and Technology products, which include Citrix HDX, FlexCast, Citrix personalization technologies, NetScaler Software Packet Engine, ByteMobile Adaptive Traffic Management System, XenMobile and Citrix Internet, among others.

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