VASCO Data Security International (VDSI) : Traders are bullish on VASCO Data Security International (VDSI) as it has outperformed the S&P 500 by a wide margin of 5.48% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.72%, 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 2.15% in the last 1 week, and is up 8.11% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
VASCO Data Security International (NASDAQ:VDSI): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.81 and $16.79 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.17. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.07, notching a gain of 1.79% for the day. The total traded volume was 157,385 . The stock had closed at $16.77 on the previous day.
The stock has recorded a 20-day Moving Average of 1.23% and the 50-Day Moving Average is 2.24%. VASCO Data Security International Inc. is up 4.4% in the last 3-month period. Year-to-Date the stock performance stands at 2.03%.
VASCO Data Security International, Inc. (VASCO) is an IT security company. The Company, through its operating subsidiaries, designs, develops and markets security solutions that secure and manage access to digital assets and protect transactions. Its products enable secure financial transactions over private enterprise networks and public networks, such as the Internet. The Companys user authentication is delivered through its hardware and software DIGIPASS security products (DIGIPASSES), many of which incorporate an electronic and digital signature capability, which further protects the integrity of electronic transactions and data transmissions. VASCOs primary product and service lines include three categories of solutions: Host System products, which is typically a component of an organizations IT infrastructure; Client Authenticators, which are devices used by end users for authentication, and Developer Tools, which are used by application developers.