Nimble Storage (NYSE:NMBL) : During the past 4 weeks, traders have been relatively bearish on Nimble Storage (NYSE:NMBL), hence the stock is down -12.79% 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 -5.04% relative to the S&P 500. The 4-week change in the price of the stock is -11.39% and the stock has fallen -3.82% in the past 1 week.
The company shares have dropped -71.37% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $29.15 and the one year low was seen on Feb 16, 2016. The 50-Day Moving Average price is $8.26 and the 200 Day Moving Average price is recorded at $7.57.
The stock has recorded a 20-day Moving Average of 6.69% and the 50-Day Moving Average is 2.86%.
Nimble Storage (NYSE:NMBL): stock turned positive on Friday. Though the stock opened at $7.5, the bulls momentum made the stock top out at $7.6 level for the day. The stock recorded a low of $7.4381 and closed the trading day at $7.55, in the green by 0.53%. The total traded volume for the day was 1,091,136. The stock had closed at $7.51 in the previous days trading.
In an insider trading activity, Schroeder William John, Director of Nimble Storage Inc, executed a transaction worth $210,925 on June 24, 2016. A total of 27,500 shares were purchased at an average price of $7.67. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Nimble Storage, Inc. (Nimble Storage) engineers and delivers its customers with data storage platform. The Company has designed and sells a flash-optimized storage platform, Adaptive Flash. With the combination of the Companys file system, Cache Accelerated Sequential Layout (CASL), and its cloud-based storage management and support service, InfoSight, the Companys platform serves an array of enterprises and cloud-based service providers, and the Companys software and storage systems handle mainstream applications, including virtual desktops, databases, e-mail, collaboration and analytics. It enables information technology (IT) organizations to predict, manage and deliver the storage required to improve business applications and workloads across their IT environments. Its end-customers span a range of industries, such as cloud-based service providers, education, financial services, healthcare, manufacturing, state and local government and technology.