Splunk (SPLK) : During the past 4 weeks, traders have been relatively bearish on Splunk (SPLK), hence the stock is down -6.96% 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 -1.5% relative to the S&P 500. The 4-week change in the price of the stock is -8.84% and the stock has fallen -0.97% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.08% and the 50-Day Moving Average is 2.44%.The 200 Day SMA reached 11.88% Splunk, Inc. is up 1.93% in the last 3-month period. Year-to-Date the stock performance stands at 0.43%.
Splunk (SPLK) : 25 investment research analysts covering Splunk (SPLK) have an average price target of $68.44 for the near short term. The highest target price given by the Brokerage Firm to the stock is $90 and the lowest target is $30 for the short term. Analysts expect the variance to be within $13.01 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Splunk (NASDAQ:SPLK): stock was range-bound between the intraday low of $58.49 and the intraday high of $59.39 after having opened at $59.09 on Fridays session. The stock finally closed in the red at $59.09, a loss of -0.51%. The stock remained in the red for the whole trading day. The total traded volume was 1,187,112 shares. The stock failed to cross $59.39 in Fridays trading. The stocks closing price on Thursday was $59.06.
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.