Shares of Cloudera Inc. (NYSE:CLDR) traded today at $16.19, eclipsing its 52-week high. Approximately 5.8 million shares have changed hands today, as compared to an average 30-day volume of 4.7 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.
Cloudera Inc. (NYSE:CLDR) has potential upside of 80.0% based on a current price of $15.94 and analysts’ consensus price target of $28.68.
In the past 52 weeks, shares of Cloudera Inc. have traded between a low of $4.76 and a high of $16.19 and is now at $15.94, which is 235% above that low price.
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