Guidewire Software (GWRE) has been under a strong bear grip, hence the stock is down -4.29% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.39% in the past 1 week. The stock has risen by 0.55% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.81% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.27% and the 50-Day Moving Average is 2.18%.The 200 Day SMA reached 4.56%
Guidewire Software (NYSE:GWRE): The stock opened in the green at $60.22 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $60.22 and a low of $58.87 for the day. The stock did not find buyers even at the lows and closed at $59.98 recording a loss of -0.07%. 586,271 shares exchanged hands during the trading day. The stock had closed at $59.98 in the previous days trading.
Guidewire Software (GWRE) : The most positive equity analysts on Guidewire Software (GWRE) expects the shares to touch $80, whereas, the least positive believes that the stock will trade at $60 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $69.57 with an expected fluctuation of $7.61 from the mean.
Guidewire Software, Inc. is a provider of software products for property and casualty (P&C) insurers. The Companys software serves as a technology platform for P&C insurance carriers. Its platform consists of three products: core transaction processing, data management and analytics, and digital engagement. The Company sells its products to a variety of insurance carriers ranging from global insurers to national carriers to regional carriers. Its core transaction processing includes Guidewire InsuranceSuite, Guidewire PolicyCenter, Guidewire ClaimCenter, Guidewire BillingCenter and InsuranceSuite Add-on Modules. InsuranceSuite Add-on Modules includes Guidewire Rating Management, Guidewire Reinsurance Management, Guidewire Client Data Management, Guidewire Standards-Based Templates and Guidewire London Market Messaging. Its data management and analytics includes Guidewire DataHub, Guidewire InfoCenter and Guidewire Live, and digital engagement includes Guidewire Digital Portals.