Stock price performance of Splunk Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 4.54% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -6.5% . Looking at the past 52 week period, the stock price is up at 67.21% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Splunk Inc. has a positive value of 4.54 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 4.67% and the 50-Day Moving Average is 2.64%.The 200 Day SMA reached 0.65%
Splunk Inc. is having a Relative Strength Index of 67.79 which indicates the stock is not yet over sold or over bought based on the technical indicators. Splunk Inc. (NASDAQ:SPLK) has climbed 5.71% in the past week and advanced 7.85% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 5.58% and the outperformance has advanced to 6.89% for the last 4 weeks period.
Company has reported several Insider transactions to the SEC, on Jan 27, 2017, Leonard R Stein (SVP, General Counsel & Sec.) sold 1,209 shares at 60.00 per share price.On Jan 11, 2017, Godfrey Sullivan (director) sold 120,000 shares at 56.36 per share price.On Dec 14, 2016, Douglas Merritt (President and CEO) sold 6,155 shares at 56.62 per share price.
Splunk Inc Last issued its quarterly earnings results on May 26, 2016. The company reported $-0.02 EPS for the quarter. Analyst had a consensus estimate of $-0.02. The company had revenue of $186.00 million for the quarter, compared to analysts expectations of $174.18 million. The companys revenue was up 48.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.01 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Splunk Inc was Initiated by Argus to Hold on Jan 27, 2017. Splunk Inc was Initiated by Wells Fargo to Outperform on Jan 11, 2017. Company shares were Reiterated by Wedbush on Nov 30, 2016 to Outperform, Raises Price Target to $ 75 from a previous price target of $72 .
Splunk Inc. (NASDAQ:SPLK) : On Friday heightened volatility was witnessed in Splunk Inc. (NASDAQ:SPLK) which led to swings in the share price. The stock opened for trading at $59.2 and hit $60.88 on the upside , eventually ending the session at $60.58, with a gain of 4.14% or 2.41 points. The heightened volatility saw the trading volume jump to 2,122,856 shares. The 52-week high of the share price is $65.75 and the company has a market cap of $8,218 million. The 52-week low of the share price is at $29.85 .
Splunk Inc. provides a software platform, which collects and indexes data and enables users to search, correlate, analyze, monitor and report on this data, all in real time. Its software is designed to help users in various roles, including IT and business professionals. Splunk Inc. is based in San Francisco, California.