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Shares of Qualys (NASDAQ:QLYS) reached a new 52-week high on Tuesday after Imperial Capital raised their price target on the stock from $30.00 to $33.00, Analyst Ratings News reports. Imperial Capital currently has an outperform rating on the stock. Qualys traded as high as $29.94 and last traded at $29.59, with a volume of 1,565,605 shares traded. The stock had previously closed at $28.69.

Several other analysts have also recently commented on the stock. Analysts at Pacific Crest downgraded shares of Qualys from an “outperform” rating to a “sector perform” rating in a research note on Tuesday. They now have a $30.00 price target on the stock. Separately, analysts at Sterne Agee initiated coverage on shares of Qualys in a research note on Tuesday, February 4th. They set a “neutral” rating on the stock. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Qualys presently has an average rating of “Hold” and a consensus price target of $23.60.

In other Qualys news, VP Sumedh S. Thakar sold 1,200 shares of Qualys stock on the open market in a transaction dated Friday, February 7th. The shares were sold at an average price of $27.64, for a total transaction of $33,168.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

The stock’s 50-day moving average is $26.4 and its 200-day moving average is $22.38. The company has a market cap of $957.9 million and a price-to-earnings ratio of 377.50.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Monday, February 10th. The company reported $0.05 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.05. The company had revenue of $29.00 million for the quarter, compared to the consensus estimate of $28.89 million. During the same quarter in the previous year, the company posted $0.06 earnings per share. The company’s revenue for the quarter was up 17.4% on a year-over-year basis. On average, analysts predict that Qualys will post $0.29 earnings per share for the current fiscal 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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