HACK’s Stocks Quoted below Moving Averages
Cybersecurity Stocks Rise in September
Shareholder returns and stock trends
Gemalto has generated returns of 18.25% in the trailing 12 months (or TTM) and -23.88% in the trailing one-month period. The company’s share price has fallen 6.45% in the trailing five-day period.
Its peer companies Symantec (SYMC), FireEye (FEYE), and Splunk (SPLK) have generated returns of -1.95%, 1.83%, and -1.65%, respectively, in the trailing five-day period.
Moving averages
On September 8, 2015, the last trading price of Gemalto was $59.47. The company was trading at -14%, -20.91%, and -25.06% below the 20-day, 50-day, and 100-day moving averages of $69.15, $75.19, and $78.31, respectively.
Moving average convergence divergence
The moving average convergence divergence (or MACD) is the difference between a company’s short-term and long-term moving averages. The nine-day MACD for Gemalto is -3.81, showing a downward trading trend.
The 14-day Relative Strength Index (or RSI) for Gemalto is 22. An RSI above 70 indicates that a stock is overbought, while an RSI below 30 suggests that a stock has been oversold. Gemalto’s 14-day RSI suggests that the stock is oversold.
Symantec, Gemalto’s peer, constitutes 0.08% of the SPDR S&P 500 ETF (SPY) and 0.29% of the PowerShares QQQ ETF (QQQ).
Analyst recommendations
Out of 28 analysts covering HACK stock, 13 have a “buy” recommendation, six have a “sell” recommendation, and nine have a “hold” recommendation. The analyst stock price target for Gemalto is $74.94 with a median target estimate of $74.00. Gemalto is trading at a discount of 19.63% with respect to its median target and looks to be an attractive buy at current levels.
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