Callidus Software (CALD) has been under a strong bear grip, hence the stock is down -7.43% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.21% in the past 1 week. The stock has risen by 1.38% in the past week indicating that the buyers are active at lower levels, but the stock is down -7.93% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 2.29% and the 50-Day Moving Average is 5.39%.The 200 Day SMA reached 4.11%
Callidus Software (NASDAQ:CALD): After opening at $18.1, the stock dipped to an intraday low of $17.88 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $18.44 and the buying power remained strong till the end. The stock closed at $18.35 for the day, a gain of 2.11% for the day session. The total traded volume was 1,208,910. The stocks close on the previous trading day was $18.35.
Callidus Software (CALD) : The most positive equity analysts on Callidus Software (CALD) expects the shares to touch $31, whereas, the least positive believes that the stock will trade at $15 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $22.57 with an expected fluctuation of $4.93 from the mean.
Callidus Software Inc. is a provider of cloud-based sales, marketing, learning and customer experience solutions. The Companys CallidusCloud enables its customers to accelerate their Lead to Money process with a suite of solutions that identify leads, implement territory and quota plans, enable sales forces, automate bid configuration pricing and quoting, manage contracts, streamline sales compensation and capture customer feedback for competitive advantage. The Company provides a range of services to its customers including professional services, business process outsourcing services, maintenance and technical support services, and education services. Territory and Quota helps customers evaluate their territory, quota distribution plans and strategies for meeting corporate sales goals.