Bollinger Band Analysis Review of Gigamon Inc. (NYSE:GIMO)

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Gigamon Inc. (NYSE:GIMO) for the period of 9-Day stands at 4.27% while the stochastic %D for the same period stands at 5.58%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Gigamon Inc. (NYSE:GIMO) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Sell” for Gigamon Inc. (NYSE:GIMO) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Gigamon Inc. (NYSE:GIMO)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Gigamon Inc. is engaged in providing intelligent Traffic Visibility solutions for enterprises, data centers and service providers. Its products consist of GigaVUE, GigaSECURE, GigaSMART and GigaTAP products. The Company’s fabric enables information technology organizations to forward traffic from network infrastructure to management, analysis, and compliance and security tools. It has operations primarily in the United States, the rest of North America, Europe, the Middle East, Africa, and the Asia Pacific. Gigamon Inc. is headquartered in Milpitas, California.

Previous Day Activity Analysis

On the last trading day, Gigamon Inc. (NYSE:GIMO) opened the session at $36 and after going up 1.27% closed at $35.85. The stock lost -0.15 points in the last trade.

Gigamon Inc. (NYSE:GIMO)’s stock fluctuated in the range of $35.35 and $37.10 during the previous active session. Gigamon Inc. (NYSE:GIMO) traded with the volume of 856884 with average volume of 763.29 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 1.5 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.46 and 26.01 respectively.

Currently the Insider Ownership of the shares of Gigamon Inc. (NYSE:GIMO) is at 2.3% and the shares outstanding are 39.02 Million.

Important Ratio Analysis

Some important ratios to consider here for Gigamon Inc. (NYSE:GIMO) are discussed below:

Dividend yield of Gigamon Inc. (NYSE:GIMO) stands at 0% whereas Price to Earnings P/E ratio stands at 543.18 while Forward P/E shows the value of 32.04.

The PEG ratio (Price to Earning to Growth) emits the value of 18.11. The Price to Sale P/S and Price to Book P/B shows the value of 4.55 and 4.61 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 5.41 and 73.62 correspondingly.

The Quick Ratio of Gigamon Inc. (NYSE:GIMO) stands at 3.5 while the Current Ratio depicts the value of 3.7.

Return on Assets ROA of Gigamon Inc. (NYSE:GIMO) is at 0.7% whereas, Return on Equity ROE and Return of Investment ROI of Gigamon Inc. (NYSE:GIMO) stand at 1.1% and 18.7% respectively.

Stock Performance Analysis

The stock performance of Gigamon Inc. (NYSE:GIMO) on the basis of 5 day trade show the dip of -7.6% whereas, the monthly performance of the stock shows decrease of -17.01%.

The quarterly performance of the stock remained in red zone with the value of -8.31% while six month performance of the shares of Gigamon Inc. (NYSE:GIMO) remained bullish with the count of 1.85%.

The yearly and YTD performance of Gigamon Inc. (NYSE:GIMO) remained down at -27.75% and -21.3% respectively.