ServiceNow (NOW) has been under a strong bear grip, hence the stock is down -1.69% 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 0.4% in the past 1 week. The 4-week change in the price of the stock is -1.9% and the stock has fallen -0.26% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.08% and the fifty day Moving Average is 2.36%. ServiceNow, Inc. is up 3.92% in the last three month period. Year-to-Date the stock performance stands at -15.09%.
ServiceNow (NOW) : The highest short term price target forecast on ServiceNow (NOW) is $102 and the lowest target price is $70. A total of 18 equity analysts are currently covering the company. The average price of all the analysts is $84.67 with a standard deviation of $8.07.
ServiceNow (NYSE:NOW): On Fridays trading session , Opening price of the stock was $73.42 with an intraday high of $74.08. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $72.88. However, the stock managed to close at $73.5, a loss of 0.14% for the day. On the previous day, the stock had closed at $73.6. The total traded volume of the day was 746,441 shares.
ServiceNow, Inc. is a provider of cloud-based solutions that define, structure, manage and automate services across the global enterprise. The Company provides cloud-based service management solutions that address the needs of a range of departments within an organization, including IT, human resources (HR), facilities, field service, marketing, legal and finance. It also provides business management and IT operations management solutions that facilitate the delivery of services across the enterprise. The Company markets its services to enterprises in a variety of industries, including financial services, consumer products, IT services, health care and technology. The Company offers a portfolio of services, including Professional Services, Education Services and Customer Support. The Company provides its services from data centers located in Australia, Brazil, Canada, Hong Kong, the Netherlands, Singapore, Switzerland, the United Kingdom and the United States.