Cornerstone OnDemand (CSOD) : Traders are bullish on Cornerstone OnDemand (CSOD) as it has outperformed the S&P 500 by a wide margin of 8.06% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.21%, 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 1.15% in the last 1 week, and is up 11.69% 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 5.26% and the 50-Day Moving Average is 6.45%. Cornerstone OnDemand, Inc. is up 25.74% in the last 3-month period. Year-to-Date the stock performance stands at 25.08%.
Cornerstone OnDemand (NASDAQ:CSOD): On Fridays trading session , Opening price of the stock was $43.86 with an intraday high of $43.86. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $41.8. However, the stock managed to close at $43.19, a loss of 1.73% for the day. On the previous day, the stock had closed at $43.95. The total traded volume of the day was 996,464 shares.
Cornerstone OnDemand, Inc. is a provider of talent management solutions delivered as Software-as-a-Service (SaaS). Cornerstones Enterprise and Mid-Market solution is a cloud-based suite that addresses hiring, developing, engaging employees throughout their careers. The Company also offers Cornerstone Growth Edition, which is a cloud-based talent management solution with learning and performance product offerings targeted to organizations with fewer than 400 employees. The Companys product offerings include Cornerstone Recruiting, Cornerstone Onboarding, Cornerstone Learning, Cornerstone Performance, Cornerstone Succession, Cornerstone Compensation, Cornerstone Extended Enterprise and Cornerstone for Salesforce. The Companys clients include multi-national companies, large domestic and foreign-based enterprises, mid-market companies, public sector organizations, higher education institutions and non-profit entities.