Is There More Upside Ahead For Nutanix Inc (NASDAQ: NTNX)

Nutanix Inc (NTNX) concluded trading on Thursday at a closing price of $58.61, with 2.71 million shares of worth about $158.83 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 98.14% during that period and on Thursday the price saw a gain of about 1.89%. Currently the company’s common shares owned by public are about 242.69M shares, out of which, 242.01M shares are available for trading.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 80 times over the past 12 months. They bought 844,293 shares in 60 of the transactions. In 20 selling transactions, insiders dumped 743,396 shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

However, the stock later moved at a day high price of 58.94, or with a gain of 1.89%. Stock saw a price change of 2.68% in past 5 days and over the past one month there was a price change of 24.70%. Year-to-date (YTD), NTNX shares are showing a performance of 22.90% which increased to 100.58% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $23.34 but also hit the highest price of $58.95 during that period. The average intraday trading volume for Nutanix Inc shares is 2.25 million. The stock is currently trading 7.09% above its 20-day simple moving average (SMA20), while that difference is up 19.05% for SMA50 and it goes to 63.05% higher than SMA200.

Nutanix Inc (NASDAQ: NTNX) currently have 242.69M outstanding shares and institutions hold larger chunk of about 81.03% of that.

The stock has a current market capitalization of $14.22B and its 3Y-monthly beta is at 1.27. It has posted earnings per share of -$0.73 in the same period. It has Quick Ratio of 1.63. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NTNX, volatility over the week remained 3.10% while standing at 2.89% over the month.

Analysts are in expectations that Nutanix Inc (NTNX) stock would likely to be making an EPS of $Nutanix, Inc. in the current quarter, while forecast for next quarter EPS is $58.61 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $NANOPHASE TECHNOLOGIES CORP which is $WisdomTree U.S. Efficient Core at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Nuveen Flagship New York Muni B in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 53.66% while it is estimated to increase by 39.21% in next year.

Most Popular

Related Posts