Proofpoint (PFPT) stock had a bullish inflow of $0.68 million worth of trades on uptick and an outflow of $0.4 million in downticks on Wednesday. The total uptick to downtick ratio stood at 1.71. The net money flow into the stock was $0.28 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $0 million. $0 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Proofpoint (PFPT) stock traded down $0.59 , and reached $77.66, a drop of -0.75% over the previous day. On a weekly basis, the stock is 1.48%, over the previous weeks close.
Shares of Proofpoint, Inc. rose by 3.89% in the last five trading days and 1.56% for the last 4 weeks. Proofpoint, Inc. is up 27.63% in the last 3-month period. Year-to-Date the stock performance stands at 21.07%.
Proofpoint (PFPT) : 14 brokerage houses believe that Proofpoint (PFPT) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Proofpoint (PFPT). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 18 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.28.
Proofpoint (NASDAQ:PFPT): The stock opened at $78.73 and touched an intraday high of $78.93 on Wednesday. During the day, the stock corrected to an intraday low of $77.43, however, the bulls stepped in and pushed the price higher to close in the green at $78.71 with a gain of 0.60% for the day. The total traded volume for the day was 1,223,053. The stock had closed at $78.24 in the previous trading session.
Proofpoint, Inc. is a security-as-a-service provider that provides data protection solutions for large and mid-sized organizations around the world. The Companys security-as-a-service platform consists of a suite of on-demand data protection solutions, including threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery and secure communication. The Company provides a multi-tiered security-as-a-service platform, comprising solutions, platform technologies and infrastructure. Its security-as-a-service platform offers a bundle of five solutions: Proofpoint Enterprise Protection, Proofpoint Enterprise Privacy, Proofpoint Enterprise Archive & Governance, Proofpoint Nexgate Social Media Security & Compliance, and Proofpoint Essentials. Its platforms services include content inspection, reputation, encryption and key management, notification and workflow, and analytics and search.