CyberArk’s Stock Price Is Quoted above Its Benchmark



Shareholder returns and stock trends

CyberArk (CYBR) has generated returns of 86.3% in the trailing 12-month-period and 10.6% in the trailing-one-month period. The company’s share price has increased by 4.4% in the trailing-five-day period.

In comparison, CyberArk’s peer companies F5 Networks (FFIV), CA Technologies (CA), and J2 Global (JCOM) have generated returns of 1.7%, 5.1%, and 11.1%, respectively, in the trailing-five-day period.

Moving averages

On October 8, 2015, the last trading price of CyberArk was $53.40. The company was trading 6.5% above its 20-day moving average of $50.10, 1.1% above its 50-day moving average of $52.80, and 8.0% below its 100-day moving average of $38.13.

Moving average convergence divergence and RSI

The MACD (moving average convergence divergence) is the difference between the short-term and long-term moving averages of a company. CyberArk’s 14-day MACD is -0.30 and shows a downward trend, as the figure is negative.

CyberArk’s 14-day RSI (relative strength index) is 56, which shows that the stock is neither oversold nor overbought. If the RSI is above 70, it indicates that a stock has been overbought. If the RSI is below 30, it suggests that a stock has been oversold.

CyberArk constitutes 3.8% of the PureFunds ISE Cyber Security ETF (HACK) and 2.7% of the PowerShares Dynamic Networking ETF (PXQ).

Analyst recommendations

Out of 14 analysts covering the stock, nine have “buy” recommendations, one has a “sell” recommendation, and four have “hold” recommendations. The analyst stock price target for CyberArk is $66.90, with a median target estimate of $68.50. The company is therefore trading at a discount of 22.1% with respect to its median target and could be an attractive buy at current levels.

More From Market Realist