How These Data Storage Devices Stocks are Faring? -- NetApp, Nimble, Pure Storage, and Teradata
NEW YORK, April 13, 2017 /PRNewswire/ --
The Data Storage Devices industry is a very important player in the making of today's electronic devices, from computers to tablets to smart phones. Not only do its products allow for more data storage and faster data retrieval, but they also make that data mobile. This morning, Stock-Callers.com takes a closer look at the performances of NetApp Inc. (NASDAQ: NTAP), Nimble Storage Inc. (NYSE: NMBL), Pure Storage Inc. (NYSE: PSTG), and Teradata Corp. (NYSE: TDC). Register now and get full and free access to our downloadable research reports on these stocks at:
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NetApp
On Wednesday, shares in Sunnyvale, California headquartered NetApp Inc. recorded a trading volume of 3.14 million shares, which was above their three months average volume of 3.00 million shares. The stock ended at $39.65, declining 2.20% from the last trading session. The Company's shares have gained 11.74% over the previous three months and 13.55% on an YTD basis. The stock is trading above its 200-day moving average by 14.69%. Furthermore, shares of NetApp, which provides software, systems, and services to manage and store computer data worldwide, have a Relative Strength Index (RSI) of 35.27.
On March 16th, 2017, NetApp announced the results of its first industry research on cloud adoption in Europe. The responses of 750 CIOs and IT managers in France, Germany, and the UK identified hybrid cloud as the most common adoption - over half of all respondents in each country indicated that they are using a combination of private and public cloud (69% in Germany; 61% in France; 58% in the UK).
On April 06th, 2017, research firm JMP Securities upgraded the Company's stock rating from 'Market Underperform' to 'Market Perform'. Access our complete research report on NTAP for free at:
http://stock-callers.com/registration/?symbol=NTAP
Nimble
San Jose, California headquartered Nimble Storage Inc.'s stock finished yesterday's session 0.08% lower at $12.49 with a total trading volume of 978,423 shares. The Company's shares have surged 51.21% over the previous three months and 57.70% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 16.85% and 43.19%, respectively. Furthermore, shares of Nimble Storage, which provides flash storage platforms, have an RSI of 75.55.
On March 23rd, 2017, research firm Maxim Group downgraded the Company's stock rating from 'Buy' to 'Hold' while revising its previous target price from $14 a share to $12.50 a share. The complimentary research report on NMBL can be downloaded at:
http://stock-callers.com/registration/?symbol=NMBL
Pure Storage
At the close of trading on Wednesday, shares in Mountain View, California headquartered Pure Storage Inc. rose 1.18%, ending the day at $10.32. The stock recorded a trading volume of 1.17 million shares. The Company's shares have advanced 1.67% in the last one month. The stock is trading 3.77% below its 50-day moving average. Moreover, shares of Pure Storage, which engages in building a data platform that enables businesses to enhance performance and reduce complexity and costs worldwide, have an RSI of 47.88.
On April 04th, 2017, research firm Susquehanna upgraded the Company's stock rating from 'Neutral' to 'Positive'.
On April 11th, 2017, Pure Storage introduced FlashArray//X, the Company's first all-NVMe, enterprise-class all-flash array. Built on proven FlashArray architecture, FlashArray//X enables true global flash management with new Purity DirectFlash software and NVMe DirectFlash Modules from Pure Storage, which eliminate performance bottlenecks associated with legacy technologies. This end-to-end, software-to-raw flash optimization over NVMe dramatically improves system performance and allows customers to further unlock the value of their data. Register for free on Stock-Callers.com and get access to the latest PDF format report on PSTG at:
http://stock-callers.com/registration/?symbol=PSTG
Teradata
Dayton, Ohio headquartered Teradata Corp.'s shares ended the day 0.43% lower at $30.31 with a total trading volume of 911,842 shares. The stock has gained 6.46% over the previous three months and 11.56% on an YTD basis. The Company's shares are trading 3.31% above their 200-day moving average. Additionally, shares of Teradata, which provides analytic data solutions and related services in North America, Latin America, Europe, Middle East, Africa, Asia/Pacific, and Japan, have an RSI of 41.67.
On April 03rd, 2017, Teradata introduced innovative database license flexibility across hybrid cloud deployments, enabled through a consistent and simplified licensing model. The Company's new licensing model delivers portability for deployment flexibility, subscription-based licenses, and simplified tiers with bundled features. Download your free research report on TDC at:
http://stock-callers.com/registration/?symbol=TDC
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