Large Outflow of Money Witnessed in Tableau Software

Tableau Software (DATA) : The total money flow in Tableau Software (DATA) was negative ($2.5 million), showing the domination of sellers in the Wednesday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $7.5 million. Transactions on upticks were comparatively lower at $5.01 million. The uptick to downtick ratio was 0.67. The total block trades on downticks were valued at $2.1 million. The money flow during block trades was negative ($2.1 million) when the stock traded with a gain of $85 cent. Tableau Software (DATA) was $55.66, an increase of 1.55% over the previous days close.


Shares of Tableau Software, Inc. appreciated by 3.85% during the last five trading days but lost 5.81% on a 4-week basis. Tableau Software, Inc. is up 13.39% in the last 3-month period. Year-to-Date the stock performance stands at -40.69%.

Tableau Software (DATA) has an average broker rating of 2.22, which is interpreted as a Buy, as rated by 23 equity analysts. Nonetheless, 11 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 10 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Tableau Software (NYSE:DATA): The stock opened at $54.99 and touched an intraday high of $55.93 on Wednesday. During the day, the stock corrected to an intraday low of $54.95, however, the bulls stepped in and pushed the price higher to close in the green at $55.88 with a gain of 1.95% for the day. The total traded volume for the day was 767,097. The stock had closed at $54.81 in the previous trading session.

Tableau Software, Inc. (Tableau) is a provider of analytics and business intelligence software solutions. The Companys products are Tableau Desktop, a self-service analytics product, Tableau Server, a business intelligence platform for organizations, Tableau Online, a cloud-based version of Tableau Server, and Tableau Public, a free cloud-based platform for analyzing and sharing public data. The Companys products are used by people across a range of organizations, including Fortune 500 corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits. The Companys technologies include visual query language (VizQL), a visual query language that translates drag-and-drop actions into data queries and then expresses the information visually, and Hybrid Data Architecture, which combines the Companys Live Query and In-Memory Data Engines technologies. The Company markets its products under the Tableau brand.

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