Hortonworks, Inc.s in-depth stock price analysis indicates that the stock price has rallied 15.89% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 37.24% . Looking at the past 52 week period, the stock price is up at 26.34% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Hortonworks, Inc. has a negative value of -26.46 compared to overall market performance. Hortonworks, Inc. (NASDAQ:HDP) has climbed 6.61% in the past week and advanced 14.39% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 5.75% and the outperformance has advanced to 12.35% for the last 4 weeks period.
Hortonworks, Inc. (NASDAQ:HDP) : On Friday heightened volatility was witnessed in Hortonworks, Inc. (NASDAQ:HDP) which led to swings in the share price. The stock opened for trading at $11.3 and hit $11.59 on the upside , eventually ending the session at $10.65, with a gain of 4.72% or 0.48 points. The heightened volatility saw the trading volume jump to 3,451,263 shares. The 52-week high of the share price is $13.1199 and the company has a market cap of $647 million. The 52-week low of the share price is at $6.42 .
Hortonworks Inc Last issued its quarterly earnings results on Feb 9, 2017. The company reported $-0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.10. Analyst had a consensus of $-0.60. The company had revenue of $51.96 million for the quarter, compared to analysts expectations of $48.02 million. The companys revenue was up 38.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.72 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Mizuho on Feb 10, 2017 to Buy, Raises Price Target to $ 13 from a previous price target of $12 .Company shares were Upgraded by Mizuho on Jan 30, 2017 to Buy, Raises Price Target to $ 12 from a previous price target of $10 .Hortonworks Inc was Initiated by Wells Fargo to Outperform on Jan 11, 2017.
Company has reported several Insider transactions to the SEC, on Feb 7, 2017, Shaun Connolly (Chief Strategy Officer) sold 46,983 shares at 10.00 per share price.On Feb 2, 2017, Scott Reasoner (officer ) sold 768 shares at 9.35 per share price.On Jan 26, 2017, Scott Davidson (Chief Financial Officer) sold 2,841 shares at 9.05 per share price.
Hortonworks Inc. is involved in the development, distribution and support of Hadoop solutions primarily in the United States and internationally. The company provides an enterprise-grade data management platform to capture, store, process and analyze data. Hortonworks Inc. is headquartered in Palo Alto, California.