On a relative basis, the stock has outperformed the S&P 500 by 16.59% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.08% in the last 1 week, and is up 15.96% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 8.15% and the 50-Day Moving Average is 23.07%.The 200 Day SMA reached 45.29%
Infoblox (NYSE:BLOX): After opening at $26.38, the stock dipped to an intraday low of $26.36 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $26.4 and the buying power remained strong till the end. The stock closed at $26.37 for the day, a gain of 0.04% for the day session. The total traded volume was 1,235,213. The stocks close on the previous trading day was $26.37.
Infoblox (BLOX) : The consensus price target for Infoblox (BLOX) is $22.88 for the short term with a standard deviation of $8.21. The most optimist securities analyst among the 4 who monitor the stock believes that the stock can reach $32, however, the pessimist price target for the company is $13.
Infoblox Inc. provides enterprise and service provider-class solutions to automate management of the critical network infrastructure services. The Company provides network control, network automation and domain name system (DNS) security though appliance-based solutions. The Companys solutions combine real-time Internet protocol address management (IPAM), automation of network control, change and configuration management processes and DNS-based infrastructure security in purpose-built physical and virtual appliances. The Companys functions include delivering critical network protocol services, such as dynamic host configuration protocol (DHCP), network change and configuration management, and network infrastructure security. The Company offers four product families: Core Network Services, Infrastructure Security, Cloud Network Automation, and Network Change and Configuration Management.