F5 Networks (FFIV) has risen sharply, recording gains of 0.5% in the past 4 weeks. However, the stock has corrected -0.16% in the past 1 week, providing a good buying opportunity on dips. F5 Networks (FFIV) : Traders are bullish on F5 Networks (FFIV) as it has outperformed the S&P 500 by a wide margin of 0.71% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.5%, relative to the S&P 500.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.31% and the fifty day Moving Average is 3.11%. F5 Networks, Inc. is up 14% in the last three month period. Year-to-Date the stock performance stands at 27.93%.
F5 Networks (FFIV) : The consensus price target for F5 Networks (FFIV) is $124.5 for the short term with a standard deviation of $15.2. The most optimist securities analyst among the 14 who monitor the stock believes that the stock can reach $155, however, the pessimist price target for the company is $108.
F5 Networks (NASDAQ:FFIV): On Fridays trading session , Opening price of the stock was $124.38 with an intraday high of $125.31. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $123.49. However, the stock managed to close at $124.04, a loss of 0.27% for the day. On the previous day, the stock had closed at $124.38. The total traded volume of the day was 334,311 shares.
F5 Networks, Inc. is the developer and provider of application delivery services. The Companys core technology is a full-proxy, programmable, software platform called TMOS (Traffic Management Operating System). It helps organizations seamlessly scale cloud, data center, and software-defined networking deployments to successfully deliver applications to anyone, anywhere, at any time. It works with many technology companies to improve manageability, strengthen security, and ensure faster and more successful deployments. Its applications include availability and delivery. It can remove the roadblocks in ones network to efficiently and securely deliver applications that are available to users when and where they need them. It can also accelerate ones application response time, minimize latency and delays, and reduce the number of data round trips necessary to complete a web request.