The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price increase of 31.01%. However, over the past six months, we’ve seen a weaker performance of 85.13%. The price of NTNX fallen by 14.79% over the last 30 days. And in the last five days, it has fallen by -2.11%.
Nutanix Inc saw a rather consistency, in terms of market performance. The company’s stock reached its highest point at $66.99 on 03/08/24, while the lowest price for the same duration was marked at $23.34 on 04/27/23.
52-week price history of NTNX Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Nutanix Inc’s current trading price is -6.73% away from its 52-week high, while its distance from the 52-week low is 167.64%. The stock’s price range during this period has varied between$23.34 and $66.99. The Nutanix Inc’s shares, which operate in the Technology, saw a trading volume of around 3.3 million for the day, a figure considerably higher than their average daily volume of 2.76 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Nutanix Inc (NTNX) has experienced a quarterly rise of 32.94% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.27B and boasts a workforce of 6450 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 50.58, with a change in price of +28.07. Similarly, Nutanix Inc recorded 2,472,319 in trading volume during the last 100 days, posting a change of +81.58%.
NTNX Stock Stochastic Average
As of today, Nutanix Inc’s raw stochastic average for the last 50 days stands at 76.99%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 53.65%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 58.38% and 66.50%, respectively.
