Splunk (SPLK) : During the past 4 weeks, traders have been relatively bearish on Splunk (SPLK), hence the stock is down -6.23% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -9.08% relative to the S&P 500. The 4-week change in the price of the stock is -6.43% and the stock has fallen -9.68% 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 6.88% and the fifty day Moving Average is 1.75%. Splunk, Inc. is up 3.87% in the last three month period. Year-to-Date the stock performance stands at -0.49%.
Splunk (SPLK) : 24 investment research analysts covering Splunk (SPLK) have an average price target of $67.79 for the near short term. The highest target price given by the Brokerage Firm to the stock is $86 and the lowest target is $30 for the short term. Analysts expect the variance to be within $13.16 of the average price.
Splunk (NASDAQ:SPLK): On Fridays trading session , Opening price of the stock was $61 with an intraday high of $61.88. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $57.58. However, the stock managed to close at $58.52, a loss of 10.11% for the day. On the previous day, the stock had closed at $65.1. The total traded volume of the day was 10,825,305 shares.
Splunk Inc. is a provider of software products that allow organizations to gain real-time operational intelligence by harnessing the value of their data. The Companys products allow users to collect, index, search, explore, monitor and analyze data regardless of format or source. The Companys products address diverse data sets referred to as big data and are specifically tailored for machine-generated data. The Companys flagship product is Splunk Enterprise, which is a machine data engine, consisting of collection, indexing, search, reporting, analysis, alerting, and monitoring and data management capabilities. The Companys Splunk Cloud service delivers the core functionalities of Splunk Enterprise as a cloud service. In addition, the Company offers user behavioral analytics to help detect, respond to and mitigate advanced, hidden and insider threats.