|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||23.42 - 23.46|
|52 Week Range||12.35 - 27.32|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||86.74|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Before we spend countless hours researching a company, we'd like to analyze what insiders, hedge funds and billionaire investors think of the stock first. We would like to do so because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out what the billionaire investors […]
Qlik executives said the deal will help it expand partnerships with infrastructure providers like Microsoft and Amazon Web Services.
Attunity (ATTU) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Project Alpha Intermediate Holding, Inc (Qlik) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's also assigned a B3 rating to the proposed $465 million of incremental senior secured term loans. Qlik plans to use the net proceeds from the incremental term loans, along with cash and revolver borrowings, to finance the acquisition of Attunity Ltd. for approximately $560 million.
Data analytics company Attunity is being acquired by Sweden-based Qlik, which offered $23.50 per share in cash. That's an 18% premium to Attunity stock from its closing price on Wednesday.
King of Prussia-based Qlik agreed to acquire the data management company for $23.50 a share, an 18 percent premium.
Software services provider Attunity Ltd said on Thursday it would be acquired by U.S. data analytics firm Qlik for about $560 million in an all-cash deal. Shareholders of Attunity will receive $23.50 in cash per share, representing a premium of 18 percent to Attunity's last close. The deal is expected to close in the second quarter and financing for the deal is being provided by Morgan Stanley and Goldman Sachs, the companies said.
Data analytics company Qlik said on Thursday it will buy software services provider Attunity Ltd for about $560 million in an all-cash deal. Attunity shareholders will receive $23.50 in cash per share, ...
To receive further updates on this Attunity Ltd. (NASDAQ:ATTU) trade as well as an alert when it's time to take profits, sign up for a risk-free trial of Power Options Weekly today. This morning I'm recommending a bullish trade on Attunity Ltd. (NASDAQ:ATTU), a tech company that provides Big Data management software. My indicators are giving strong bullish readings this week, and the major indices have now broken out from their short-term consolidation ranges. InvestorPlace - Stock Market News, Stock Advice & Trading Tips One of the main catalysts for the latest bullish move was the statement from the Federal Reserve on Wednesday and the subsequent press conference by Fed Chairman Jerome Powell. Powell took a very dovish stance in his statement and essentially indicated that the Fed would pause on future rate hikes. The Fed seems to have now realized what I've been saying all along…that there is no inflation in sight. It now looks like the Fed hawks have left the building. Tech stocks seem to be doing well in this market environment, and after strong earnings reports from several big companies, I think it's time to get bullish. ### Tech Earnings This week ATTU, along with three major tech companies, Facebook (NASDAQ:FB), Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT), reported earnings. MSFT met expectations, which sent the stock down, but FB and AAPL both had strong reports. FB rallied over 10% yesterday after announcing it beat earnings expectations, and AAPL's report showed the company could thrive even as iPhone sales decline. The performances of these stocks are a good sign for the tech sector, and like these tech giants, ATTU put up good numbers this quarter. ATTU reported $0.11 earnings per share (EPS) when analysts predicted $0.04 EPS for fourth quarter. ATTU isn't as big a name as FB or AAPL, but strong earnings and a bullish tech environment could carry this stock higher. ### Breaking Above $23.50 In November of 2018, ATTU broke above its 50-day moving average (MA). It stayed above both its 50- and 200-day MAs for all of November, but after rejection at the $23.50 level, it started to move downward. Daily Chart of Attunity Ltd. (ATTU) -- Chart Source: TradingView If we look at the chart above, we see that ATTU encountered resistance at the $21 level in December, and it dropped below its 50-day MA toward the end of the year. Now, ATTU has established new support at its old $21 resistance level, and it has broken above the $23.50 resistance from November. Now that the company has reported such strong earnings, I wouldn't be surprised to see it establish support at $23.50. The technical picture looks good for ATTU, and its strong earnings performance should take it higher in the short term. For that reason, I'm recommending a bullish call option on ATTU. Buy to open the Attunity Ltd. (ATTU) April 18th $30 Calls (ATTU190418C00030000) at $1.15 or lower. Note: The Good Friday holiday falls on April 19th, 2019. Because U.S. markets will be closed that day, April monthly options will expire the day before, on April 18th, 2019. Follow our Facebook page to receive each Trade of the Day direct to your News Feed -- and join the conversation. InvestorPlace advisor Ken Trester brings you Power Options Weekly, which delivers 5 new options trades and his latest trading advice to you each Friday. Trester has been trading options since the first exchanges opened in 1973 with a winning streak that goes back to 1984 with money-doubling average annual profits since 1990. Compare Brokers The post ATTU Broke Above Resistance at $23.50 appeared first on InvestorPlace.
Attunity (ATTU) delivered earnings and revenue surprises of 88.89% and 9.65%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
KFAR SABA, Israel (AP) _ Attunity Ltd. (ATTU) on Thursday reported fourth-quarter net income of $2.5 million, after reporting a loss in the same period a year earlier. The Kfar Saba, Israel-based company said it had net income of 11 cents per share. For the year, the company reported net income of $6 million, or 27 cents per share, swinging to a profit in the period.
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Attunity's (ATTU) fourth-quarter 2018 results are expected to benefit from strong demand in term licenses. However, increasing expenses remain an overhang.
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