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
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Nutanix Inc’s current trading price is -3.54% away from its 52-week high, while its distance from the 52-week low is 176.80%. The stock’s price range during this period has spanned from $23.34 to $66.99. In the Technology sector, the Nutanix Inc’s shares surpassed a trading volume of approximately 2.36 million for the day, which was noticeably lower compared to the average daily volume of 9.2.79 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Nutanix Inc (NTNX) has experienced a quarterly rise of 32.53% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.79B and boasts a workforce of 6450 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 54.25, with a change in price of +25.02. Similarly, Nutanix Inc recorded 2,564,281 in trading volume during the last 100 days, posting a change of +63.42%.
NTNX Stock Stochastic Average
Today, Nutanix Inc’s raw stochastic average for the past 50 days stands at 81.59%, indicating a rise from the raw stochastic average of the last 20 days, which was 68.81%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 76.51% and 81.47% respectively.
NTNX Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price gain of 35.50% this year. Over the last six months, there has been a weaker performance of 76.46%. The price of NTNX fallen by 1.27% during the last 30 days period. For the last 5-days stocks have improved 1.35%.
