Worth Watching Stocks: NetApp, Inc. (NASDAQ:NTAP), Pure Storage, Inc. (NYSE:PSTG)


NetApp, Inc. (NASDAQ:NTAP)

NetApp, Inc. (NASDAQ:NTAP) represented a move of 0.02 percent or $0.37 per share and closed its previous day trading session at $82.84. 2.46 Million Shares were traded in the last trading session with an Average Volume of 2.57 Million Shares. The stock currently has a Market Capitalization of 21.64 Billion.

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.

The stock traded between $45.24 and $88.08 over 1-Year time period showing its price to sales ratio of 3.57. NetApp, Inc. (NASDAQ:NTAP) is currently showing an INCREASING volatility over a period of 10-Days while the 20-Days Volatility showing a INCREASING trend.

Right now, the stock has a 50-Day Simple Moving Average of $1.4 and 200-Day Simple Moving Average of $13.01. Its Price to Free Cash Flow is 18.78 and Price to Book of 11.29.

Analyst’s recommended the stock as 2.2 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, NetApp, Inc. (NASDAQ:NTAP) reported its Actual EPS of $1.04/share. The analysts offering Earnings Estimates for the company were believing that NetApp, Inc. could bring EPS of $0.8/share. The difference between Actual EPS and Estimated EPS was 0.24 Percent. Thus showing an Earnings Surprise of 30 Percent.

Pure Storage, Inc. (NYSE:PSTG)

In the last trading session, Pure Storage, Inc. (NYSE:PSTG) added its value by -2.16% closing at the price of $21.71. The stock currently has market capitalization of 5.16 Billion, with average volume of 3.34 Million shares.

Beta is also a factor of measure of the relative volatility of a particular stock to the market. Currently Pure Storage, Inc. (NYSE:PSTG) is showing beta of 0. This particular value of beta suggests that Pure Storage, Inc. (NYSE:PSTG) has historically moved 0% for every 100% move in the benchmark, based on price level.

EPS is another important factor while making the decision of buying, selling or holding of particular share. Currently EPS for Pure Storage, Inc. (NYSE:PSTG) is at $-0.8.

The stock currently has RSI of 46.5. RSI is considered overbought when above 70 and oversold when below 30, currently the given RSI for the stock suggests that the stock is average and it has not entered in overbought or oversold territory.

Pure Storage, Inc. offers enterprise data storage platform. The company’s storage platform provides Purity Operating Environment, a flash-optimized software; FlashArray, a modular and scalable all-flash array hardware and Pure1, a cloud-based management and support platform. It operates primarily in the United States, Europe and Asia. The company serves cloud-based software and service providers, consumer Web, education, energy, financial services, governments, healthcare, manufacturing, media, retail and telecommunications sectors. Pure Storage, Inc. is headquartered in Mountain View, California.

Pure Storage, Inc. (NYSE:PSTG) topped its 52-week high price of $29.14 on 09/11/18 and 52-Week Low Price of $15.81 on 12/29/17. The Stock currently has P/E (price to earnings ttm) of 0 and Weekly volatility of 3.92% and monthly volatility of 4.82% respectively.