Technical Eye on Limelight Networks, Inc. (NASDAQ:LLNW)


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 Limelight Networks, Inc. (NASDAQ:LLNW) for the period of 9-Day stands at 84.46% while the stochastic %D for the same period stands at 87.79%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Limelight Networks, Inc. (NASDAQ:LLNW) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Limelight Networks, Inc. (NASDAQ:LLNW) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Limelight Networks, Inc. (NASDAQ:LLNW)’s 20-Day Bollinger Band indicates “Hold”.

About Company

LIMELIGHT NETWORKS, INC. is a content delivery partner enabling the next wave of Internet business and entertainment. More than 1300 Internet, entertainment, software, and technology brands trust their robust, scalable platform to monetize their digital assets by delivering a brilliant online experience to their global audience. LimeLight’s architecture bypasses the busy public Internet using a dedicated optical network that interconnects thousands of servers and delivers massive files at the speed of light — directly to the access networks that consumers use every day. LimeLight’s proven network and passion for service assures their customers that every object in their library will be instantly delivered to every user, every time.

Previous Day Activity Analysis

On the last trading day, Limelight Networks, Inc. (NASDAQ:LLNW) opened the session at $5.98 and after going down -3.56% closed at $5.69. The stock lost -0.29 points in the last trade.

Limelight Networks, Inc. (NASDAQ:LLNW)’s stock fluctuated in the range of $5.66 and $6.00 during the previous active session. Limelight Networks, Inc. (NASDAQ:LLNW) traded with the volume of 1.05 Million with average volume of 535.89 Million. The stock has HIGH volatility on the last trading session.

Currently the Beta for the company remains at 2.54 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.24 and 74.42 respectively.

Currently the Insider Ownership of the shares of Limelight Networks, Inc. (NASDAQ:LLNW) is at 5.6% and the shares outstanding are 109.34 Million.

Important Ratio Analysis

Some important ratios to consider here for Limelight Networks, Inc. (NASDAQ:LLNW) are discussed below:

Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 50.35.

The Price to Sale P/S and Price to Book P/B shows the value of 3.46 and 4.38 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 10.8 and 0 correspondingly.

The Quick Ratio of Limelight Networks, Inc. (NASDAQ:LLNW) stands at 2 while the Current Ratio depicts the value of 2.

Return on Assets ROA of Limelight Networks, Inc. (NASDAQ:LLNW) is at -5.2% whereas, Return on Equity ROE and Return of Investment ROI of Limelight Networks, Inc. (NASDAQ:LLNW) stand at -7.6% and -53.1% respectively.

Stock Performance Analysis

The stock performance of Limelight Networks, Inc. (NASDAQ:LLNW) on the basis of 5 day trade show the jump of 4.4% whereas, the monthly performance of the stock shows increase of 30.8%.

The quarterly performance of the stock remained in green zone with the value of 56.32% while six month performance of the shares of Limelight Networks, Inc. (NASDAQ:LLNW) remained bullish with the count of 75.62%.

The yearly and YTD performance of Limelight Networks, Inc. (NASDAQ:LLNW) remained up at 143.16% and 125.79% respectively.