Cloudera Inc. (NYSE:CLDR) traded at a new 52-week high today of $18.20. So far today approximately 2.7 million shares have been exchanged, as compared to an average 30-day volume of 4.5 million shares.
Cloudera Inc is a United States-based software company. It has developed platforms for data management, machine learning, and advanced analytics. The company’s platform enables organizations to use vast amounts of data from a variety of sources, including the Internet of Things (IoT), to better serve and market to their customers, design connected products and services and reduce risk through greater insight from data. The company’s platform addresses three new transformative markets, Dynamic Data Management Systems, Cognitive/AI Systems and Content Analytics Software and Advanced and Predictive Analytics Software. It operates through the below segments: Subscription and Services.
Potential upside of 94.6% exists for Cloudera Inc., based on a current level of $18.19 and analysts’ average consensus price target of $35.40.
Over the past year, Cloudera Inc. has traded in a range of $4.76 to $18.20 and is now at $18.19, 282% above that low.
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