Workday (WDAY) : Traders are bullish on Workday (WDAY) as it has outperformed the S&P 500 by a margin of 1.19% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.8%, 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 1.42% in the last 1 week, and is up 8.02% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Workday (NYSE:WDAY): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $78.77 and $78.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $80.17. The buying momentum continued till the end and the stock did not give up its gains. It closed at $79.97, notching a gain of 2.29% for the day. The total traded volume was 762,261 . The stock had closed at $78.18 on the previous day.
The stock has recorded a 20-day Moving Average of 4.94% and the 50-Day Moving Average is 4.27%. Workday, Inc. is up 3.92% in the last 3-month period. Year-to-Date the stock performance stands at 0.36%.
Workday, Inc. is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for a range of companies, educational institutions and government agencies. The Companys applications include Workday Financial Management, Workday Human Capital Management (Workday HCM) and Workday Insight Applications. Workday Financial Management is a unified application built on a single, global core with a range of financial capabilities, relevant analytics and metrics, and an auditable process management built to help manage financial processes for global organizations. Workday HCM enables an organization to staff, pay, organize, and develop its global workforce. Workday Insight Applications is a suite of applications that leverage advanced data science and machine learning methodologies to help customers make financial and workforce decisions.