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Are CyberArk Software Ltd. (NASDAQ:CYBR)’s Fundamentals Enough to Outperform

CyberArk Software Ltd. (NASDAQ:CYBR) shares fell to a low of $121.675 before closing at $124.17. Intraday shares traded counted 0.33 million, which was 37.74% higher than its 30-day average trading volume of 530.73K. CYBR’s previous close was $120.71 while the outstanding shares total 39.17M. The firm has a beta of 1.31. The stock’s Relative Strength Index (RSI) is 44.68, with weekly volatility at 4.86% and ATR at 6.12. The CYBR stock’s 52-week price range has touched low of $92.61 and a $169.70 high. The stock traded higher over the last trading session, gaining 2.87% on 05/20/21.

Investors have identified the Software – Infrastructure company CyberArk Software Ltd. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $4.67 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Having a look at the company’s valuation, the company is expected to record -0.65 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on CYBR sounds very interesting.

Is the stock of CYBR attractive?

In the last 6 months, insiders have changed their ownership in shares of company stock by 0.28%.

17 out of 21 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on CyberArk Software Ltd.. 0 analysts has assigned a Sell rating on the CYBR stock. The 12-month mean consensus price target for the company’s shares has been set at $184.17.

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