Investor’s Alert: Qlik Technologies Inc (QLIK), Hewlett Packard Enterprise Co (HPE)


Qlik Technologies Inc (NASDAQ:QLIK):

The company’s RSI reading has hit 66.11. The stock edged higher by 2.33% to close previous trading session at USD 27.62.

The shares of the company fluctuated in the range of USD 15.77 and USD 42.90 in the course of 52 weeks. Over the three months, the company’s shares have declined by -9.86% and in the past one year, it has lost -14.01%. Additionally, the stock’s year to date performance has declined -12.76%. Over the last five days its shares have surged by 4.62% and in the past six months it has moved down -28.69%.

Further, the company is trading at a price to book ratio of 7.10. The stock’s weekly volatility is calculated as 3.23% and monthly volatility as 3.66% with ATR of 1.06, beta of 1.74 and price to cash ratio of 8.04.

Qlik Technologies Inc (QLIK) announced that it has expanded its partner network in Asia by adding 33 new partners, to support its growth in the region. New partners include JSC Tech in South Korea, NEC in Malaysia, PT Synnex in Indonesia, and NCS as well as Dimension Data from Singapore. Qlik now works with close to 100 partners across ASEAN, Hong Kong, and South Korea.

At the 2016 Qlik Asia Partner Summit held in Phuket 25-26 February, where over 100 participants from around the region attended, the company also presented 2015 awards to top partners for creating outstanding value for customers and extending the reach of Qlik’s visual analytics platform.

Hewlett Packard Enterprise Co (NYSE:HPE):

The stock increased by 2.19% to close last trading session at USD 17.71. The company’s shares oscillated in the range of USD 17.30 and USD 17.94 during intraday trade.

A total of 10.73 million shares exchanged hands, below its 3 month average volume of 12.96 million shares. Over the last five days its shares have surged by 7.92%.

Furthermore, the stock has weekly volatility of 3.30% and monthly volatility of 4.14% with ATR of 0.64. The stock’s RSI is 76.77 and distance from 50-day simple moving average is 28.07%, whereas its distance from 20-day simple moving average is 17.94% and distance from 200-day simple moving average is 24.01%.

Hewlett Packard Enterprise Co (HPE) on March 15, 2016 announced a new all-in-one computer, software-defined storage and intelligent virtualization appliance to help mid-sized and remote office branch office (ROBO) enterprises deploy virtual machines (VMs) in minutes. Built on the world’s most deployed server, the HPE ProLiant DL380, HPE’s new Hyper Converged 380 (HC 380) is empowering organizations to transform to a hybrid infrastructure while simplifying IT operations and reducing overall costs.

The current hyperconverged integrated systems market will grow from $371.5 million in 2014, to nearly $5 billion by 2019, or a 68% CAGR, according to Gartner’s Forecast Analysis.1 Growth is driven by demand for a more cost effective and operationally streamlined approach to virtual servers, virtual desktops, and hybrid cloud infrastructure. However, customers are wary of introducing new silos that limit future business flexibility.