Qualys Inc. Sets New 1-Year High at $25.68 (QLYS)
Qualys (NASDAQ:QLYS)’s share price reached a new 52-week high during mid-day trading on Monday, AnalystRatingsNetwork.com reports. The stock traded as high as $25.68 and last traded at $25.57, with a volume of 248,868 shares traded. The stock had previously closed at $24.75.
A number of research firms have recently commented on QLYS. Analysts at BMO Capital Markets initiated coverage on shares of Qualys in a research note to investors on Thursday, December 19th. They set a “market perform” rating and a $25.00 price target on the stock. Separately, analysts at JMP Securities raised their price target on shares of Qualys from $18.00 to $27.00 in a research note to investors on Tuesday, November 5th. They now have a “market outperform” rating on the stock. Finally, analysts at JPMorgan Chase & Co. downgraded shares of Qualys from an “overweight” rating to a “neutral” rating in a research note to investors on Friday, October 18th. They now have a $24.00 price target on the stock, up previously from $20.00. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $21.89.
In other Qualys news, CFO Donald Mccauley sold 10,250 shares of Qualys stock on the open market in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $23.02, for a total value of $235,955.00. Following the completion of the sale, the chief financial officer now directly owns 77,999 shares of the company’s stock, valued at approximately $1,795,537. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Monday, November 4th. The company reported $0.08 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.05 by $0.03. The company had revenue of $27.70 million for the quarter, compared to the consensus estimate of $27.46 million. During the same quarter last year, the company posted $0.10 earnings per share. Qualys’s revenue was up 18.4% compared to the same quarter last year.
Qualys, Inc (NASDAQ:QLYS) is a provider of clouds security and compliance solutions that enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber attacks and achieve compliance with internal policies and external regulations.
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