(VIANEWS) – The NYSE ended the session with Cloudflare (NET) jumping 11.9% to $49.54 on Thursday while NYSE jumped 0.4% to $15,373.70.
Cloudflare’s last close was $44.27, 80.03% under its 52-week high of $221.64.
CloudFlare, Inc. is a provider of cloud services that offers a variety of services for businesses around the world. The company offers 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. The company’s products include cloud firewall, bot management and distributed denial-of-service, IoT. It also offers SSL/TLS, rate limiting products, as well as SSL/TLS, secure source connection, and SSL/TLS. It also provides performance solutions such as content delivery, intelligent routing and content, mobile and image optimization. It also offers reliability solutions, including load balancing and anycast network, virtual backup, DNS, resolver, online, as well as virtual waiting rooms solutions. The company also offers Cloudflare’s internal infrastructure solutions. These include on-ramps that connect users to their network, as well as filters which protect, inspect and grant privilege data. Additionally, it provides developer-based solutions, such as serverless computing/programmable network, website development, domain registration, Cloudflare apps, analytics, and data localization management; Consumer DNS Resolver, a consumer app to browse the Internet; and Consumer VPN for consumers to secure and accelerate traffic on mobile devices. It serves clients in technology, government, finance, retail and healthcare. CloudFlare, Inc., was founded in 2009 in San Francisco, California.
Earnings Per Share
As for profitability, Cloudflare has a trailing twelve months EPS of $-0.7.
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 -31.97%.
The year-on-year revenue growth was 53.7%. We now have 656.43M in the 12 trailing months.
Cloudflare is forecasting a 43.3% increase in sales for its next quarter.
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).
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