Shareholder returns and stock trends
Infoblox (BLOX) has generated returns of 28.64% in the trailing 12 months (or TTM) and -20.49% in the trailing one-month period. The share price of the firm has declined 8.19% in the trailing five-day period. In comparison, peer companies such as Check Point Software (CHKP) and Barracuda Networks (CUDA) have generated returns of -1.59% and -2.90% in the trailing five-day period.
On September 4, 2015, the last trading price of Infoblox was $18.28. The firm was trading -14.72%, -22.57%, and -25.54% below 20-day, 50-day, and 100-day moving averages of $21, $24, and $25, respectively.
Moving average convergence divergence and relative strength index
The MACD is the difference between the short-term and long-term moving averages of a firm. The 14-day MAC is -1.17 for Infoblox and shows a downward trading trend as the figure is negative.
The 14-day relative strength index (or RSI) for Infoblox is 26, which shows that the stock is oversold. If the RSI is above 70, it indicates the stock is overbought, while an RSI figure of below 30 suggests that a stock has been oversold.
Out of 15 analysts covering the stock, ten have a “buy” recommendation, one has a “sell” recommendation, and four have a “hold” recommendation. The analyst stock price target for the firm is $27.76 with a median target estimate of $28. Infoblox is thus trading at a discount of 34.71% with respect to its median target and looks to be an attractive buy at current levels.