Palo Alto Networks (PANW) Shares are Up 1.08%

Palo Alto Networks (PANW) : Traders are bullish on Palo Alto Networks (PANW) as it has outperformed the S&P 500 by a wide margin of 4.6% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.15%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.08% in the last 1 week, and is up 8.11% 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 3.72% and the 50-Day Moving Average is 0.4%. Palo Alto Networks, Inc. has dropped 13.24% during the last 3-month period . Year-to-Date the stock performance stands at -25.69%.


Palo Alto Networks (NYSE:PANW): On Fridays trading session , Opening price of the stock was $130.23 with an intraday high of $132.09. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $128.9. However, the stock managed to close at $130.89, a loss of 1.34% for the day. On the previous day, the stock had closed at $132.67. The total traded volume of the day was 1,643,565 shares.

Palo Alto Networks, Inc. is a security company. The Companys security platform consists of three elements: its Next-Generation Firewall, its Advanced Endpoint Protection, and its Threat Intelligence Cloud. The Companys Next-Generation Firewall delivers application, user, and content visibility and control, as well as protection against network-based cyber threats integrated within the firewall through its hardware and software architecture. Its Advanced Endpoint Protection prevents cyber-attacks that aim to exploit software vulnerabilities on a range of fixed and virtual endpoints and servers. The Companys Threat Intelligence Cloud provides central intelligence capabilities, security for software as a service (SaaS) applications, and automated delivery of preventative measures against cyber-attacks. The Companys PAN-OS operating system contains App-ID, User-ID, site-to-site virtual private network (VPN), remote access secure sockets layer (SSL) VPN, and Quality-of-Service (QoS).

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