ServiceNow (NYSE:NOW) has been under a strong bear grip, hence the stock is down -8.12% 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 3.07% in the past 1 week. The stock has risen by 4.4% in the past week indicating that the buyers are active at lower levels, but the stock is down -6.63% in the past 4 weeks.
The company shares have dropped -9.77% from its 1 Year high price. On Dec 4, 2015, the shares registered one year high at $91.28 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $71.01 and the 200 Day Moving Average price is recorded at $67.52.
The stock has recorded a 20-day Moving Average of 1.38% and the 50-Day Moving Average is 1.95%.
ServiceNow (NYSE:NOW): stock turned positive on Friday. Though the stock opened at $65.41, the bulls momentum made the stock top out at $69.63 level for the day. The stock recorded a low of $65.41 and closed the trading day at $69.12, in the green by 6.32%. The total traded volume for the day was 2,096,340. The stock had closed at $65.01 in the previous days trading.
In an insider trading activity, Luddy Frederic B, director officer (CHIEF PRODUCT OFFICER) of Servicenow, Inc., unloaded 195,000 shares at an average price of $75.86 on June 7, 2016. The total amount of the transaction was worth $14,792,700, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
ServiceNow, Inc. is a provider of cloud-based solutions that define, structure, manage and automate services across the global enterprise. The Company provides cloud-based service management solutions that address the needs of a range of departments within an organization, including IT, human resources (HR), facilities, field service, marketing, legal and finance. It also provides business management and IT operations management solutions that facilitate the delivery of services across the enterprise. The Company markets its services to enterprises in a variety of industries, including financial services, consumer products, IT services, health care and technology. The Company offers a portfolio of services, including Professional Services, Education Services and Customer Support. The Company provides its services from data centers located in Australia, Brazil, Canada, Hong Kong, the Netherlands, Singapore, Switzerland, the United Kingdom and the United States.