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Palo Alto Networks Inc. (PANW): Ready for an explosive trading day

Let’s start up with the current stock price of Palo Alto Networks Inc. (PANW), which is $184.90 to be very precise. The Stock rose vividly during the last session to $188.49 after opening rate of $184.14 while the lowest price it went was recorded $182.68 before closing at $185.90.Recently in News on March 7, 2023, Palo Alto Networks Global State of Cloud-Native Security Survey Reveals 90% of Organizations Cannot Detect, Contain and Resolve Cyberthreats Within an Hour. Third annual report identifies top security gaps and challenges for organizations operating in the cloud. You can read further details here

Palo Alto Networks Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $213.63 on 04/20/22, with the lowest value was $132.22 for the same time period, recorded on 01/12/23.

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Palo Alto Networks Inc. (PANW) full year performance was 1.59%

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 -13.45% during the 52-week period from high price, and 39.84% 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 $132.22 and $213.63.

The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 1648488 for the day, which was evidently lower, 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 32.51%, having the revenues showcasing 16.36% 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 55.86B, as it employees total of 13932 workers.

Palo Alto Networks Inc. (PANW) in the eye of market guru’s

During the last month, 34 analysts gave the Palo Alto Networks Inc. a BUY rating, 3 of the polled analysts branded the stock as an OVERWEIGHT, 6 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 161.59, with a change in the price was noted +21.30. In a similar fashion, Palo Alto Networks Inc. posted a movement of +13.04% for the period of last 100 days, recording 4,568,692 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 5.05 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Palo Alto Networks Inc. (PANW): Stocks Technical analysis and Trends

Raw Stochastic average of Palo Alto Networks Inc. in the period of last 50 days is set at 86.53%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 70.28%. In the last 20 days, the company’s Stochastic %K was 74.04% and its Stochastic %D was recorded 75.48%.

If we look into the earlier routines of Palo Alto Networks Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 32.51%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -2.36%, alongside a boost of 1.59% for the period of the last 12 months. The shares increased approximately by -1.23% in the 7-day charts and went down by 11.89% in the period of the last 30 days. Common stock shares were driven by 16.36% during last recorded quarter.

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