SecureWorks Corp. (NASDAQ: SCWX) stock observed trading -51.55% off 52-week high price. On the other end, the stock has been noted 16.39% away from low price over the last 52-weeks. The stock disclosed a move of -5.29% away from 50 day moving average and -22.67% away from 200 day moving average. Moving closer, we can see that shares have been trading -3.41% off 20-day moving average. It has market cap of $961.13M.
SecureWorks Corp. (NASDAQ: SCWX)came out with a quarterly loss of $0.01 per share versus the Consensus Estimate of a loss of $0.04. This compares to loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 75%. A quarter ago, it was predictable that this information security services provider would post a loss of $0.05 per share when it actually produced a loss of $0.02, delivering a surprise of 60%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
SecureWorks, which belongs to the Computers – IT Services industry, posted revenues of $136.61M for the quarter ended July 2019, surpassing the Consensus Estimate by 2.78%. This compares to year-before revenues of $128.78M. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.
SecureWorks shares have lost about 27.5% since the starting of the year versus the S&P 500’s gain of 17.2%.
The current consensus EPS estimate is -$0.03 on $134.27M in revenues for the coming quarter and -$0.12 on $539.62M in revenues for the current fiscal year.
In terms of the Industry Rank, Computers – IT Services is presently in the top 40% of the 250 plus industries. Our research shows that the top 50% of the ranked industries outperform the bottom 50% by a factor of over 2 to 1.
The USA based company SecureWorks Corp. moved with change of -0.17% to $12.07 with the total traded volume of 86460 shares in recent session versus to an average volume of 153.65K. The stock was observed in the 5 days activity at -1.47%. The one month performance of stock was -1.79%. SCWX’s shares are at 5.05% for the quarter and driving a -25.68% return over the course of the past year and is now at -28.54% since this point in 2018. Right now the stock beta is 1.11. The average volatility for the week and month was at 4.62% and 5.11% respectively. There are 79.63M shares outstanding and 7.55M shares are floated in market.