(VIANEWS) – Shares of Cloudflare (NYSE Composite: NET) slid 6.08% to $156.25 at 17:25 EST on Tuesday, after five successive sessions in a row of losses. NYSE Composite is rising 2.06% to $16,814.50, following the last session’s upward trend. This seems, as yet, an all-around positive trend trading session today.
Today’s last reported volume for Cloudflare is 3459832 which is 13.19% below its average volume of 3985606.
Cloudflare’s sales growth is 60.6% for the present quarter and 39.6% for the next. The company’s growth estimates for the present quarter and the next is a negative 100% and a negative 50%, respectively.
Year-on-year quarterly revenue growth grew by 52.9%, now sitting on 530.57M for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
Cloudflare’s stock is considered to be overbought (>=80).
News about Cloudflare (NET) today
- Cloudflare secures opportunity in rallying market. According to today’s article on Benzinga, "For "Tuesday Trade" this week, I want to outline my trade in Cloudflare (NYSE: NET).", "That is where Cloudflare comes in as a company specializing in protecting information and securing websites. "
More news about Cloudflare (NET).