Equities research analysts at Drexel Hamilton began coverage on shares of Cloudera (NYSE:CLDR) in a research report issued on Tuesday, December 19th, The Fly reports. The firm set a “buy” rating on the stock.
Shares of Cloudera (NYSE:CLDR) traded down $0.37 during trading on Tuesday, hitting $17.91. 1,685,833 shares of the company traded hands, compared to its average volume of 1,421,917. The stock has a market cap of $2,540.00 and a price-to-earnings ratio of -2.49. Cloudera has a 52-week low of $14.50 and a 52-week high of $23.35.
In other news, VP Wayne Kimber sold 1,666 shares of the firm’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $17.45, for a total transaction of $29,071.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Cloudera, Inc is a developer of platform for data management, machine learning and advanced analytics. The Company allows enterprises to operate, manage and move workloads across multiple architectures, mixing on premises and cloud environments, including all major public cloud infrastructure providers.
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