Teradata Corp. Sees Unusually High Options Volume (TDC)
Shares of Teradata Corp. (NYSE:TDC) saw unusually large options trading on Wednesday. Stock traders acquired 7,135 put options on the stock, Analyst Ratings Net reports. This represents an increase of 327% compared to the average volume of 1,671 put options.
TDC has been the subject of a number of recent research reports. Analysts at Pacific Crest cut their price target on shares of Teradata Corp. from $60.00 to $56.00 in a research note to investors on Wednesday. Separately, analysts at Susquehanna cut their price target on shares of Teradata Corp. from $61.00 to $58.00 in a research note to investors on Friday, January 31st. Finally, analysts at Goldman Sachs Group Inc. downgraded shares of Teradata Corp. from a “neutral” rating to a “sell” rating in a research note to investors on Wednesday, January 29th. They now have a $36.00 price target on the stock, down previously from $48.00. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and nine have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $53.48.
Teradata Corp. (NYSE:TDC) traded up 1.23% on Wednesday, hitting $41.06. 3,433,794 shares of the company’s stock traded hands. Teradata Corp. has a one year low of $39.16 and a one year high of $67.84. The stock has a 50-day moving average of $44.32 and a 200-day moving average of $50.52. The company has a market cap of $6.709 billion and a P/E ratio of 18.01.
Teradata Corporation (NYSE:TDC) is engaged in analytic data solutions, including integrated data warehousing, big data analytics and business applications.
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