Cloudflare Stock Impressive Rise On Saturday, Outperforms Market

(VIANEWS) – The NYSE ended the session with Cloudflare jumping 12.7% to $63.76 on Saturday, after two consecutive sessions in a row of gains. NYSE rose 0.93% to $15,475.20, after four consecutive sessions in a row of gains, on what was a somewhat bullish trend exchanging session today.

Cloudflare’s last close was $56.58, 25.62% under its 52-week high of $76.07.

About Cloudflare

CloudFlare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and IoT devices; and website and application security products comprising web application firewall, bot management, distributed denial of service, API gateways, SSL/TLS encryption, secure origin connection, and rate limiting products. It also offers website and application performance solutions, including content delivery, load balancing, DNS, agro smart routing, video stream delivery, content optimization, virtual backbone, always online, and cloudflare waiting room and registrar; and network services, which deliver network connectivity, security, and performance to customers as a service, including WAN, WARP, magic transit, magic firewall, cloudflare network interconnect, and spectrum. In addition, the company provides zero trust services, such as cloudflare access, cloudflare gateway, remote browser isolation, cloud access security broker, cloudflare area 1 email security, and data loss prevention products that protect, inspect, and privilege data. Further, it provides developer-based solutions consisting of cloudflare workers, pages, stream, and images, as well as Cloudflare Data Localization suite, a tool that set rules and controls at the network edge; durable objects and R2 object storage products; Consumer DNS Resolver, a consumer app to browse the Internet; and consumer VPN for consumers to secure and accelerate traffic on mobile devices. The company serves customers in the technology, healthcare, financial services, consumer and retail, and non-profit industries, as well as government. CloudFlare, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

Earnings Per Share

As for profitability, Cloudflare has a trailing twelve months EPS of $-0.67.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -36.16%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 66.7% and 66.7%, respectively.

Volume

Today’s last reported volume for Cloudflare is 9388410 which is 160.4% above its average volume of 3605380.

Volatility

Cloudflare’s last week, last month’s, and last quarter’s current intraday variation average was 0.17%, 0.17%, and 2.60%.

Cloudflare’s highest amplitude of average volatility was 1.76% (last week), 2.45% (last month), and 2.60% (last quarter).

More news about Cloudflare (NET).

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