• Return to Headlines

Shares of Hortonworks Inc Rise to a New 52-Week High

By David Diaz

Shares of Hortonworks Inc (NASDAQ:HDP) traded today at $25.61, breaking its 52-week high. So far today approximately 539,000 shares have been exchanged, as compared to an average 30-day volume of 1.4 million shares.

Over the past year, Hortonworks Inc has traded in a range of $6.42 to $25.61 and is now at $25.38, 295% above that low. The 200-day and 50-day moving averages have moved 0.26% higher and 1.62% higher over the past week, respectively.

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.

Hortonworks Inc (NASDAQ:HDP) is currently priced 7.6% above its average consensus analyst price target of $23.46. Hortonworks Inc shares have support at the 50-day moving average (MA) of $20.28 and additional support at the 200-day MA of $19.29.

SmarTrend recommended that subscribers consider buying shares of Hortonworks Inc on August 8th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $20.12. Since that recommendation, shares of Hortonworks Inc have risen 23.1%. 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