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Proofpoint Inc Shares Down 0.7% Since SmarTrend's Sell Call (PFPT)

By Shiri Gupta

SmarTrend identified a Downtrend for Proofpoint Inc (NASDAQ:PFPT) on October 21st, 2019 at $119.67. In approximately 1 month, Proofpoint Inc has returned 0.66% as of today's recent price of $118.88.

Proofpoint Inc share prices have moved between a 52-week high of $133.58 and a 52-week low of $78.69 and are now trading 51% above that low price at $118.88 per share. Over the past week, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has declined 0.3%.

Proofpoint, Inc. provides enterprise software solutions. The Company offers products comprised of an integrated suite of on-demand data protection solutions, including threat protection, regulatory compliance, archiving and governance, and secure communication. Proofpoint offers its services to large and mid-sized organizations worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Proofpoint Inc.

Log in and add Proofpoint Inc (PFPT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights proofpoint inc

Ticker(s): PFPT