Shares of Cloudflare Inc. Class A (NYSE:NET) traded at a new 52-week high today of $110.94. This new high was reached on below average trading volume as 1.2 million shares traded hands, while the average 30-day volume is approximately 3.5 million shares.
Cloudflare Inc. Class A (NYSE:NET) defies analysts with a current price ($108.62) 5.7% above its average consensus price target of $102.48.
Cloudflare Inc is a United States-based company engaged in the software business. It has built a cloud platform that delivers a range of network services to businesses. The product offerings of the company include Argo Smart Routing, Load Balancing, Web Optimizations, Mobile Software Development Kit, Cloudflare Access, and Cloudflare Spectrum among others.
Cloudflare Inc. Class A share prices have moved between a 52-week high of $110.94 and a 52-week low of $32.70 and are now trading 232% above that low price at $108.62 per share.
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