Notable Stock News to Watch: Cloudera (NYSE:CLDR)

Cloudera (NYSE:CLDR) spotted trading -23.91% off 52-week high price. On the other end, the stock has been noted 140.08% away from the low price over the last 52-weeks. The stock changed -0.59% to recent value of $11.74. The stock transacted 4296510 shares during most recent day however it has an average volume of 4.38M shares. The company has 290.07M of outstanding shares and 280.39M shares were floated in the market.  

On Jan. 13, 2020, Cloudera (NYSE:CLDR) the enterprise data cloud company, disclosed the appointment of Robert Bearden as President and Chief Executive Officer.

Rob has been a valuable resource for me and the company as we refined our post-merger strategy and positioned the company for the hybrid and multi-cloud opportunity in the enterprise, said Martin Cole, chairman of the board of directors and interim CEO of Cloudera. His extensive industry knowledge, unique customer insights and highly relevant CEO experience make Rob the natural choice to lead Cloudera into the future.

I am excited to become Cloudera’s CEO and to help lead its next phase of growth as the enterprise data cloud company, said Bearden. As a board member, I’ve been engaged with the leadership team on the company’s vision and strategy. I am fully committed to that strategy and confident our team will continue to execute on our growth initiatives. There is a large market for enterprise solutions that manage the complete data lifecycle across any cloud or data center. The new Cloudera Data Platform will enable us to capture more of this high-growth opportunity.

 Its earnings per share (EPS) expected to touch remained 42.00% for this year while earning per share for the next 5-years is expected to reach at 20.00%. CLDR has a gross margin of 70.40% and an operating margin of -49.00% while its profit margin remained -48.40% for the last 12 months. 

 According to the most recent quarter its current ratio was 1.3 that represents company’s ability to meet its current financial obligations. The price moved ahead of 1.87% from the mean of 20 days, 14.60% from mean of 50 days SMA and performed 34.77% from mean of 200 days price. Company’s performance for the week was 2.09%, 8.00% for month and YTD performance remained 0.95%.

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