• Return to Headlines

Hortonworks Inc: 52-Week High Recently Eclipsed (HDP)

By Amy Schwartz

Hortonworks Inc (NASDAQ:HDP) traded at a new 52-week high today of $14.66. This new high was reached on approximately average trading volume as 452,000 shares traded hands, while the average 30-day volume is approximately 474,000 shares.

In the past 52 weeks, Hortonworks Inc share prices have been bracketed by a low of $6.42 and a high of $14.66 and are now at $14.41, 125% above that low price. The 200-day and 50-day moving averages have moved 1.53% lower and 1.34% higher over the past week, respectively.

Potential upside of 14.5% exists for Hortonworks Inc, based on a current level of $14.41 and analysts' average consensus price target of $16.50. The stock should find resistance at its 200-day moving average (MA) of $17.52, as well as support at its 50-day MA of $11.52.

Hortonworks Inc. provides enterprise data platform. The Company offers open source platform which provides data management infrastructures including vital management, monitoring, metadata, and data integration services. Hortonworks serves customers worldwide.

SmarTrend recommended that subscribers consider buying shares of Hortonworks Inc on November 11th, 2016 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $9.09. Since that recommendation, shares of Hortonworks Inc have risen 46.5%. We continue to monitor HDP for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows hortonworks inc

Ticker(s): HDP