(VIANEWS) – Shares of Cloudflare (NYSE Composite: NET) rose 5.04% to $136.97 at 16:43 EST on Wednesday, after four sequential sessions in a row of losses. NYSE Composite is rising 1.13% to $16,367.33, after five successive sessions in a row of losses. This seems, at the moment, an all-around bullish trend trading session today.
Cloudflare’s last close was $116.93, 8.43% under its 52-week high of $127.70.
Today’s last reported volume for Cloudflare is 2891992 which is 0.55% below its average volume of 2908081.
Cloudflare’s sales growth is 60.6% for the ongoing quarter and 39.6% for the next. The company’s growth estimates for the current quarter and the next is a negative 100% and a negative 50%, respectively.
Year-on-year quarterly revenue growth grew by 51.3%, now sitting on 477.86M for the twelve trailing months.
Cloudflare’s Stock Yearly Top and Bottom Value
Cloudflare’s stock is valued at $136.97 at 16:43 EST, above its 52-week high of $127.70.
Cloudflare’s Moving Average
Cloudflare’s worth is way above its 50-day moving average of $116.85 and way higher than its 200-day moving average of $90.32.
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