Shares of Q2 Holdings Inc. (NYSE:QTWO) traded today at $143.75, eclipsing its 52-week high. Approximately 201,000 shares have changed hands today, as compared to an average 30-day volume of 501,000 shares.
Q2 Holdings Inc. share prices have moved between a 52-week high of $143.75 and a 52-week low of $47.17 and are now trading 200% above that low price at $141.53 per share.
Q2 Holdings Inc. (NYSE:QTWO) defies analysts with a current price ($141.53) 32.0% above its average consensus price target of $96.25.
Q2 Holdings Inc. is a provider of cloud-based virtual banking solutions for regional financial institutions to deliver mobile banking services to retail and commercial end-users who wish to bank anywhere and anytime. Its solutions operate on an integrated tablet-first platform which provides financial institutions a comprehensive view of account holder activity, and meets the regulatory and security requirements applicable to the industry. The firm generates revenue from subscription-based arrangements for software offerings, typically for five years. A large majority of the firm’s revenue is generated in the United States.
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