Palo Alto Networks Inc. (PANW) is priced at $221.19 after the most recent trading session. At the very opening of the session, the stock price was $227.93 and reached a high price of $228.41, prior to closing the session it reached the value of $228.77. The stock touched a low price of $219.34.
Recently in News on October 29, 2020, Palo Alto Networks and PwC Join Forces to Boost Cybersecurity Defenses. Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, and PwC today announced an expanded partnership to deliver managed detection and response (MDR) services to joint customers. The offering combines MDR services delivered by PwC — Managed Cyber Defence — and Cortex XDR™ by Palo Alto Networks. Together, customers can take advantage of a state-of-the-art managed threat hunting, protection, detection and response service from anywhere, globally. You can read further details here
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Palo Alto Networks Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $275.03 on 08/21/20, with the lowest value was $125.47 for the same time period, recorded on 03/18/20.
Palo Alto Networks Inc. (PANW) full year performance was -2.73%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Palo Alto Networks Inc. shares are logging -19.58% during the 52-week period from high price, and 76.29% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $125.47 and $275.03.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1224344 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Palo Alto Networks Inc. (PANW) recorded performance in the market was -4.35%, having the revenues showcasing -13.06% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 21.73B, as it employees total of 8014 workers.
Market experts do have their say about Palo Alto Networks Inc. (PANW)
During the last month, 25 analysts gave the Palo Alto Networks Inc. a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 8 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 244.95, with a change in the price was noted -11.49. In a similar fashion, Palo Alto Networks Inc. posted a movement of -4.94% for the period of last 100 days, recording 1,129,472 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for PANW is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 2.80.
Technical breakdown of Palo Alto Networks Inc. (PANW)
Raw Stochastic average of Palo Alto Networks Inc. in the period of last 50 days is set at 3.32%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 4.53%. In the last 20 days, the company’s Stochastic %K was 7.20% and its Stochastic %D was recorded 8.42%.
Bearing in mind the latest performance of Palo Alto Networks Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -4.35%. Additionally, trading for the stock in the period of the last six months notably improved by 15.30%, alongside a downfall of -2.73% for the period of the last 12 months. The shares increased approximately by -6.49% in the 7-day charts and went up by -11.71% in the period of the last 30 days. Common stock shares were lifted by -13.06% during last recorded quarter.