Teradata Corporation (TDC) Shares are Up 0.6%

Teradata Corporation (TDC) : Traders are bullish on Teradata Corporation (TDC) as it has outperformed the S&P 500 by a wide margin of 8.74% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.67%, 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 0.6% in the last 1 week, and is up 12.4% 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 5.25% and the 50-Day Moving Average is 4.26%. Teradata Corporation is up 12.17% in the last 3-month period. Year-to-Date the stock performance stands at 7.42%.


Teradata Corporation (NYSE:TDC): On Fridays trading session , Opening price of the stock was $28.65 with an intraday high of $28.65. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $27.97. However, the stock managed to close at $28.38, a loss of 1.08% for the day. On the previous day, the stock had closed at $28.69. The total traded volume of the day was 2,229,543 shares.

Also, CLSA downgrades their rating on the shares of Teradata Corporation (NYSE:TDC). The current rating of the shares is Underperform. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on July 15, 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.

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