CDK Global (CDK) Shares are Down -1.33%

CDK Global (CDK) : During the past 4 weeks, traders have been relatively bearish on CDK Global (CDK), hence the stock is down -0.81% 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 -1.3% relative to the S&P 500. The 4-week change in the price of the stock is -0.43% and the stock has fallen -1.33% in the past 1 week.

CDK Global, Inc. is up 9.26% in the last 3-month period. Year-to-Date the stock performance stands at 22.13%. The stock has recorded a 20-day Moving Average of 0.65% and the 50-Day Moving Average is 1.42%.


CDK Global (NASDAQ:CDK): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $57.69 and $57.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $57.88. The buying momentum continued till the end and the stock did not give up its gains. It closed at $57.66, notching a gain of 0.02% for the day. The total traded volume was 985,630 . The stock had closed at $57.65 on the previous day.

Also, JP Morgan upgrades its view on CDK Global (NASDAQ:CDK) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Underweight. JP Morgan raises the price target from $43 per share to $49 per share on CDK Global . The rating by the firm was issued on April 6, 2016.

CDK Global, Inc. is a global provider, both integrated technology and digital marketing/advertising solutions to the automotive retail industry. The Companys solutions automate and integrate critical workflow processes from pre-sale targeted advertising and marketing campaigns to the sale, financing, insurance, parts supply, repair and maintenance of vehicles, with an increasing focus on utilizing big data analytics and predictive intelligence. The Companys solutions address the entire automotive retailers value chain. The Company operates in three segments: Automotive Retail Solutions North America (North American Automotive Retail), Automotive Retail Solutions International (International Automotive Retail), and Digital Marketing Solutions (Digital Marketing).

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.