Have an eye on: Nutanix, Inc. (NASDAQ:NTNX)

Nutanix (NASDAQ: NTNX), a leader in enterprise cloud computing, announced that Korea Western Power Co., Ltd. (KOWEPO), a leading power supplier in Korea and one of the five power generation subsidiaries of Korea Electric Power Corporation (KEPCO), recently deployed Nutanix hyperconverged infrastructure (HCI) software. By implementing Nutanix HCI, KOWEPO aims to support their VDI (Virtual Desktop Infrastructure) deployment to deliver remote work capabilities to its employees in response to the increased uncertainty and unpredictability following the COVID-19 outbreak.

KOWEPO is a subsidiary of KEPCO, the largest electric utility in South Korea. It was founded in 2001 and has over 2,300 employees. It operates four power plants in the country’s western region, mostly comprising thermal and combined cycle power stations, and contributes approximately 10% of the nation’s total power generation capacity.

As COVID-19 spread, KOWEPO was forced to adopt remote working to ensure staff safety and maintain core headquarters function with a minimum in-person workforce, as well as continue operations and provide uninterrupted power to the region. In response, the IT team sought a fast, scalable, secure and easy to deploy solution to expand remote work capabilities to its entire workforce to enable remote work. In the past, other solutions took weeks to deploy. With Nutanix, the implementation took less than three days and the VDI system was up and running without incident.

“Our priority was to immediately deliver a remote working environment to our employees. After deploying Nutanix, the majority of our employees have witnessed increased performance and mobility enabled by VDI,” said SeungKew Jang, Deputy General Manager of the Security Department ICT Team at Korea Western Power. “We look forward to bringing Nutanix along with us on our future cloud journey.”

Prior to implementing Nutanix, KOWEPO’s IT infrastructure could handle less than 50 employees and they often had issues with performance, failures, and security risks. Now KOWEPO’s workforce benefits from secure and nearly instant access to their workstations and applications regardless of their operating system, device or location. In addition, login speeds have improved by nearly 80% compared with the previous infrastructure – going from 150 seconds to approximately 30 seconds.

On 08-28-2k20 (Friday) Shareholders tracking shares of Nutanix, Inc. (NTNX) belongs to Technology sector and Software – Infrastructure industry. NTNX flaunted 29.17% to reach at $28.03 during previous trading session. NTNX Inc. has a total market value of 5.73B at the time of writing – representing $196.37M outstanding shares. Turning to other widely-considered trading data, this company’s half yearly performance is observed at 16.36%.

Volume Evaluation

The USA listed company saw a recent price trade of $28.03 and 67,888,531 shares have traded hands in the session. There are 2.81M shares which are traded as an average over the last three months period.

Many investors forget that one of the defining characteristics of the stock market is that it’s a market. Buyers and sellers help determine the price of each stock, and the more buyers and sellers a particular stock has interested in it, the more liquid the market will be. Liquidity can have a profound impact on just how violently stock prices can move in either direction, and the reasons have to do with the nature of the market in a stock’s shares.

Trading volume, or volume, is the number of shares or contracts that indicates the overall activity of a security or market for a given period. Trading volume is an important technical indicator an investor uses to confirm a trend or trend reversal. Volume gives an investor an idea of the price action of a security and whether they should buy or sell the security.

Performance Levels

Looking performance record on shares of Nutanix, Inc. (NTNX) we observed that the stock has seen a move 16.74% over the last 52-week trading period. The stock generated performance of 16.67% tracking last 3 months. Investors will be anxiously watching to see if things will turn around and the stock will start gaining or losing momentum over the next few months. If we look back year-to-date, the stock has performed -10.33%. Shares are at 33.60% over the previous week and 26.38% over the past month.

Analyst Views:

Fluctuating the focus to what the Wall Street analysts are projecting, we can see that the current consensus target price on shares is $28.71. Analysts often put in a lot of work to study stocks that they cover. Wall Street analysts have a consensus recommendation of 2.50on this stock. This number falls on a one to five scale where a 1 would be considered a strong buy and 5 means a strong sell, 2 shows Buy, 3 Hold, 4 reveals Sell recommendation.

Volatility Insights

Watching some historical volatility numbers on shares of Nutanix, Inc. (NTNX) we can see that the 30 days volatility is presently 4.65%. The 7 days volatility is 7.46%. Following volatility data can help measure how much the stock price has fluctuated over the specified time period. Although past volatility action may help project future stock volatility, it may also be vastly different when taking into account other factors that may be driving price action during the measured time period.

The company has a beta of 1.88. 1.00 indicates that its price is correlated with the market. Less than 1.00 shows less volatility than the market. Beta greater than 1.00 indicates that the security’s price is theoretically more volatile than the market.

The Average True Range (ATR) value reported at 1.26. The average true range (ATR) is a technical analysis indicator that measures volatility by decomposing the entire range of an asset price for that period. A stock experiencing a high level of volatility has a higher ATR, and a low volatility stock has a lower ATR. The ATR may be used by market technicians to enter and exit trades, and it is a useful tool to add to a trading system. It was created to allow traders to more accurately measure the daily volatility of an asset by using simple calculations. The indicator does not indicate the price direction; rather it is used primarily to measure volatility caused by gaps and limit up or down moves. The ATR is fairly simple to calculate and only needs historical price data.

Technical Considerations

Nutanix, Inc. (NTNX) stock positioned 11.25% distance from the 200-day MA and stock price situated 25.82% away from the 50-day MA while located 27.69% off of the 20-day MA.

RSI value sited with reading of 54.55. Relative Strength Index (RSI) is an extremely useful and popular momentum oscillator. The RSI compares the magnitude of a stock’s recent gains to the magnitude of its recent losses and turns that information into a number that ranges from 0 to 100. It takes a single parameter, the number of time periods to use in the calculation. In his book, Wilder recommends using 14 periods.

Observing the Technical Indicators:

Nutanix, Inc. institutional ownership is held at 76.00% while insider ownership was 0.20%. As of now, NTNX has a P/S, P/E and P/B values of 4.48, N/A and N/A respectively. Its P/Cash is valued at 7.82. The Company’s net profit margin for the 12 months at 0. Comparatively, the gazes have a Gross margin 77.40%.

Profitability ratios:

Looking into the profitability ratios of NTNX stock, an investor will find its ROE, ROA, ROI standing at N/A, -48.40% and -93.90%, respectively.

Earnings per Share Details of Nutanix, Inc.:

The EPS of NTNX is strolling at -4.61, measuring its EPS growth this year at -176.30%. As a result, the company has an EPS growth of N/A for the approaching year.

Given the importance of identifying companies that will ensure earnings per share at a tall rate, we later obsession to umpire how to identify which companies will achieve high amassing rates. One obvious showing off to identify high earnings per portion count together companies are to locate companies that have demonstrated such build up beyond the p.s. 5 to 10 years.

The payout ratio shows the proportion of earnings paid out as dividends to shareholders, typically expressed as a percentage of the company’s earnings. The payout ratio can also be expressed as dividends paid out as a proportion of cash flow. The payout ratio is also known as the dividend payout ratio. The Company’s payout ratio was N/A and Price to free cash flow remained $N/A.

Vanessa Griffin

About Vanessa Griffin

My name is Vanessa Griffin I give an insight into the latest news hitting the business and Technology markets in Wall Street. I have been an independent financial adviser for over 10 years in the city and in recent years turned her experience in Technology and passion for journalism into a full time role. I have a strong preference for deep value plays and/or stocks with a strong track record of dividend growth. I am an active day trader spending the majority of my time analyzing earnings reports and watching commodities and derivatives. I am an accomplished journalist who has a passion for travel. My desire to see the world has taken me to countries around the world and given me the opportunity to report for some of the top news organizations.

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