Palo Alto Networks (NYSE:PANW) changed 1.74% to recent value of $242.14. The stock transacted 1147557 shares during most recent day however it has an average volume of 1.23M shares. It spotted trading -11.96% off 52-week high price. On the other end, the stock has been noted 92.99% away from the low price over the last 52-weeks.
On Sept. 25, 2020, Palo Alto Networks (NYSE:PANW) the global cybersecurity leader, notified it has been positioned as a leader in The Forrester Wave™: Zero Trust eXtended Ecosystem Platform Providers, Q3 2020, a report published by Forrester Research Inc.
Palo Alto Networks was among the 15 select vendors that Forrester evaluated for its Q3 2020 Zero Trust report. Forrester evaluated the vendors based on criteria in the categories of current offering, strategy and market presence.
According to the Forrester report, Palo Alto Networks has a complete toolkit for Zero Trust, and Palo Alto Networks is assembling a robust portfolio to deliver Zero Trust everywhere — on-premises, in the data center, and in cloud environments. PANW has a gross margin of 70.70% and an operating margin of -5.30% while its profit margin remained -7.80% for the last 12 months. Its earnings per share (EPS) expected to touch remained -217.90% for this year while earning per share for the next 5-years is expected to reach at 15.85%.
The company has 96.00M of outstanding shares and 94.20M shares were floated in the market. According to the most recent quarter its current ratio was 1.9 that represents company’s ability to meet its current financial obligations. The price moved ahead of -1.24% from the mean of 20 days, -3.90% from mean of 50 days SMA and performed 8.23% from mean of 200 days price. Company’s performance for the week was 0.22%, -8.09% for month and YTD performance remained 4.71%.