Nimble Storage (NMBL) : During the past 4 weeks, traders have been relatively bearish on Nimble Storage (NMBL), hence the stock is down -11.37% 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 -9.02% relative to the S&P 500. The 4-week change in the price of the stock is -13.16% and the stock has fallen -8.54% in the past 1 week.
The stock has recorded a 20-day Moving Average of 11.22% and the 50-Day Moving Average is 6.85%.The 200 Day SMA reached 6.23% Nimble Storage, Inc. has dropped 10.96% during the last 3-month period . Year-to-Date the stock performance stands at -19.67%.
Nimble Storage (NMBL) : The most positive equity analysts on Nimble Storage (NMBL) expects the shares to touch $14, whereas, the least positive believes that the stock will trade at $8 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $11 with an expected fluctuation of $2.09 from the mean.
Company shares have received an average consensus rating of Hold for the current week Nimble Storage (NYSE:NMBL): stock was range-bound between the intraday low of $7.37 and the intraday high of $7.65 after having opened at $7.59 on Fridays session. The stock finally closed in the red at $7.59, a loss of -3.02%. The stock remained in the red for the whole trading day. The total traded volume was 1,519,313 shares. The stock failed to cross $7.65 in Fridays trading. The stocks closing price on Thursday was $7.39.
Nimble Storage, Inc. (Nimble Storage) engineers and delivers its customers with data storage platform. The Company has designed and sells a flash-optimized storage platform, Adaptive Flash. With the combination of the Companys file system, Cache Accelerated Sequential Layout (CASL), and its cloud-based storage management and support service, InfoSight, the Companys platform serves an array of enterprises and cloud-based service providers, and the Companys software and storage systems handle mainstream applications, including virtual desktops, databases, e-mail, collaboration and analytics. It enables information technology (IT) organizations to predict, manage and deliver the storage required to improve business applications and workloads across their IT environments. Its end-customers span a range of industries, such as cloud-based service providers, education, financial services, healthcare, manufacturing, state and local government and technology.