Research Report for Investors: NetApp inc (NASDAQ:NTAP)

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NetApp inc (NASDAQ:NTAP) currently has a “Hold” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Buy” signal. While 20-Day Moving Average VS Current Price shows “Buy” Signal.

NetApp inc (NASDAQ:NTAP) lost -0.46 Percent and closed its previous trading session at $82.59. The stock traded with the average Volume of 2.93 Million at the end of last session.

NetApp inc (NASDAQ:NTAP) has the Market Capitalization of 21.89 Billion. The Stock has its 52-week High of $83.60 and 52-Week Low of $37.55 and it touched its 52-week high on 08/08/18 and 52-Week Low on 09/05/17

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The company reported its last earnings Actual EPS of $1.05/share. While, the analyst predicted that the company could provide an EPS of $1.01/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.04/share which shows an Earnings Surprise of 4 Percent.

Sell side analysts plays vital role in buying and selling a stock where 6 analysts rated NetApp inc (NASDAQ:NTAP) as Buy, 0 analysts given Outperform signal, 2 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 1.96% where SMA50 and SMA200 are 5.78% and 28.08% respectively.

The company shows its Return on Assets (ROA) value of 0.8%. The Return on Equity (ROE) value stands at 3.1%. While it’s Return on Investment (ROI) value is 22.4%.

NetApp inc (NASDAQ:NTAP) currently has a Weekly Volatility of 1.69% percent while its Monthly Volatility is at 2.29% percent. While talking about Performance of the Stock, NetApp inc currently has a Weekly performance of 2.52%, monthly performance percentage is 3.77 percent, Quarterly performance is 14.98 percent, 6 months performance shows a percent value of 47.88% and Yearly Performance is 95.53 percent.

Company Profile:

NetApp, Inc. is the data authority for hybrid cloud. They provide a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, they empower global organizations to unleash the full potential of their data to expand customer touchpoints, foster greater innovation, and optimize their operations.

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