Stock Investors Sell Off Shares of QLIK Technologies, Down 1.8%

Published on Mon, 06/15/2015 - 13:31
By Robert Cotter in Market movers, QLIK, market movers, nasdaq:qlik, qlik technologies

Down 1.8% to $36.00, QLIK Technologies (NASDAQ:QLIK), is one of today's notable movers. The Dow is down 0.6% to 17,783 and the S&P is currently down 0.5% to 2,084.

QLIK Technologies has overhead space with shares priced $36.00, or 6.8% below the average consensus analyst price target of $38.64. QLIK Technologies shares have support at the 50-day moving average (MA) of $35.21 and additional support at the 200-day MA of $30.78.

In the past 52 weeks, QLIK Technologies share prices have been bracketed by a low of $16.71 and a high of $37.56 and are now at $36.00, 115% above that low price. The 200-day and 50-day moving averages have moved 0.73% higher and 1.48% higher over the past week, respectively.

QLIK Technologies Inc. develops business intelligence solutions. The Company's software platform combines enterprise-class analytics and search functionality into a single platform.

By Robert Cotter
rcotter@fnno.com

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