Teradata Corporation (TDC) : Traders are bullish on Teradata Corporation (TDC) as it has outperformed the S&P 500 by a wide margin of 18.68% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 10.7%, 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 11.17% in the last 1 week, and is up 21.63% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Teradata Corporation (NYSE:TDC): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $31.44 and $31.29 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $31.94. The buying momentum continued till the end and the stock did not give up its gains. It closed at $31.55, notching a gain of 0.93% for the day. The total traded volume was 3,262,562 . The stock had closed at $31.26 on the previous day.
The stock has recorded a 20-day Moving Average of 12.29% and the 50-Day Moving Average is 14.51%. Teradata Corporation is up 12.12% in the last 3-month period. Year-to-Date the stock performance stands at 19.42%.
Teradata Corporation (TDC) : The most positive equity analysts on Teradata Corporation (TDC) expects the shares to touch $35, whereas, the least positive believes that the stock will trade at $25 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $29.33 with an expected fluctuation of $3.26 from the mean.
Teradata Corporation (Teradata) is a provider of analytic data platforms, marketing and analytic applications, and related services. The Companys analytic data platforms consist of software, hardware, and related business consulting and support services for data warehousing, and big data analytics. The Company operates in two segments: data and analytics, and marketing applications. The Companys software and hardware products include Teradata Database Software, Teradata Workload-Specific Platforms, Teradata Aster Discovery Platform, Teradata Portfolio for Hadoop, Teradata QueryGrid and Teradata Marketing Applications. Its service offerings include Teradata Business Consulting Services, Teradata Technology and Implementation Services, Teradata Cloud Services, Teradata Managed Services, Teradata Marketing Services, Teradata Customer Support Services and Training Services.