CA (CA) has risen sharply, recording gains of 0.83% in the past 4 weeks. However, the stock has corrected -1.73% in the past 1 week, providing a good buying opportunity on dips. CA (CA) : During the past 4 weeks, traders have been relatively bearish on CA (CA), hence the stock is down -1.62% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.15% relative to the S&P 500.
CA (NASDAQ:CA): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $33.95 and $33.91 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $34.09. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.05, notching a gain of 0.92% for the day. The total traded volume was 1,944,699 . The stock had closed at $33.74 on the previous day.
The stock has recorded a 20-day Moving Average of 0.5% and the 50-Day Moving Average is 2.36%. CA, Inc. is up 15.56% in the last 3-month period. Year-to-Date the stock performance stands at 21.3%.
CA (CA) stock is expected to deviate a maximum of $5.09 from the average target price of $31.67 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $38 and the most muted being $24.
CA, Inc. (CA Technologies) is engaged in providing information technology (IT) management software and solutions. The Company operates through three business segments: Mainframe Solutions, Enterprise Solutions and Services. The Mainframe Solutions segment products allow customers and partners transform mainframe management. The Enterprise Solutions segment consists of products, including DevOps, which allows customers to unite application development and IT operations; Management Cloud, which includes the Companys IT Business Management (ITBM) solutions, API Management solutions and Enterprise Mobility Management solutions, and Security, which consists of identity and access management. The Services segment consists of product implementation, consulting, customer education and customer training.