Shares of SolarWinds Co. (NYSE:SWI – Get Rating) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $8.98 and traded as high as $9.16. SolarWinds shares last traded at $9.10, with a volume of 319,022 shares.
Analyst Ratings Changes
Several research analysts recently commented on the stock. VNET Group reaffirmed a “maintains” rating on shares of SolarWinds in a research note on Friday, April 28th. Morgan Stanley raised their target price on shares of SolarWinds from $10.00 to $11.00 and gave the company an “equal weight” rating in a research report on Friday, February 10th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $11.00 target price on shares of SolarWinds in a research report on Monday, March 6th.
SolarWinds Stock Performance
The business’s 50-day moving average price is $8.60 and its 200-day moving average price is $8.98. The stock has a market cap of $1.50 billion, a PE ratio of -1.60 and a beta of 0.97. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.86.
Institutional Trading of SolarWinds
SolarWinds Company Profile
SolarWinds Corp. engages in the provision of information technology (IT)infrastructure management software. It provides network management, systems management, database management, IT security, IT helpdesk, and cloud services. The company was founded in 1999 and is headquartered in Austin, TX.
- Get a free copy of the StockNews.com research report on SolarWinds (SWI)
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