Teradata Corporation (TDC) has risen sharply, recording gains of 15.38% in the past 4 weeks. However, the stock has corrected -0.6% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 14.2% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 6.97% and the 50-Day Moving Average is 12.37%. Teradata Corporation (NYSE:TDC): On Fridays trading session , Opening price of the stock was $31.5 with an intraday high of $31.52. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $31.11. However, the stock managed to close at $31.36, a loss of 0.57% for the day. On the previous day, the stock had closed at $31.54. The total traded volume of the day was 1,042,677 shares.
The company Insiders own 2.64% of Teradata Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.8% . Institutional Investors own 97.12% of Teradata Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -5.56%. Also, Equity Analysts at the Brokerage Firm, Deutsche Bank, maintains their rating on the shares of Teradata Corporation (NYSE:TDC). Deutsche Bank has a Hold rating on the shares. As per the latest research report, the brokerage house raises the price target to $28 per share from a prior target of $26. The rating by the firm was issued on August 3, 2016.
Teradata Corporation (Teradata) is a provider of analytic data platforms, marketing and analytic applications, and related services. The Companys analytic data platforms consist of software, hardware, and related business consulting and support services for data warehousing, and big data analytics. The Company operates in two segments: data and analytics, and marketing applications. The Companys software and hardware products include Teradata Database Software, Teradata Workload-Specific Platforms, Teradata Aster Discovery Platform, Teradata Portfolio for Hadoop, Teradata QueryGrid and Teradata Marketing Applications. Its service offerings include Teradata Business Consulting Services, Teradata Technology and Implementation Services, Teradata Cloud Services, Teradata Managed Services, Teradata Marketing Services, Teradata Customer Support Services and Training Services.