CDK Global (NASDAQ:CDK) : During the past 4 weeks, traders have been relatively bearish on CDK Global (NASDAQ:CDK), hence the stock is down -4.68% 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 -2.33% relative to the S&P 500. The 4-week change in the price of the stock is -3.14% and the stock has fallen -1.07% in the past 1 week.
The company shares have rallied 3.89% from its 1 Year high price. On Jun 9, 2016, the shares registered one year high at $58.16 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $55.34 and the 200 Day Moving Average price is recorded at $48.43.
The stock has recorded a 20-day Moving Average of 0.25% and the 50-Day Moving Average is 3.34%.
CDK Global (NASDAQ:CDK): stock turned positive on Friday. Though the stock opened at $55.45, the bulls momentum made the stock top out at $55.6 level for the day. The stock recorded a low of $54.98 and closed the trading day at $55.25, in the green by 0.91%. The total traded volume for the day was 1,371,206. The stock had closed at $54.75 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Karp Robert N., officer (VP & President, ARNA) of Cdk Global, Inc., had unloaded 27,573 shares at an average price of $55.12 in a transaction dated on June 1, 2016. The total value of the transaction was worth $1,519,824.
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).