The stock of Attunity Ltd (NASDAQ:ATTU) hit a new 52-week low and has $4.06 target or 10.00% below today’s $4.51 share price. The 8 months bearish chart indicates high risk for the $75.01 million company. The 1-year low was reported on Nov, 3 by Barchart.com. If the $4.06 price target is reached, the company will be worth $7.50 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 116,036 shares traded hands or 33.30% up from the average. Attunity Ltd (NASDAQ:ATTU) has declined 35.72% since April 1, 2016 and is downtrending. It has underperformed by 36.94% the S&P500.
Attunity Ltd (NASDAQ:ATTU) Ratings Coverage
Out of 4 analysts covering Attunity (NASDAQ:ATTU), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. Attunity has been the topic of 4 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The company was maintained on Thursday, July 23 by TH Capital. The firm earned “Hold” rating on Wednesday, November 2 by Craig Hallum. The stock of Attunity Ltd (NASDAQ:ATTU) earned “Buy” rating by Ladenburg Thalmann on Friday, September 11.
According to Zacks Investment Research, “Attunity is the leading provider of service-orientated software and solutions in the Workplace Applications market. Using Attunity’s software, companies can seamlessly and efficiently connect, transfer, join and stream to and from virtually any data source in real-time, and subsequently use that data to rapidly configure and deploy management-focused Workplace Applications. With successful deployments at thousands of organizations worldwide, Attunity has over seveteen years experience of providing enterprise-class software, both directly and indirectly through a number of strategic and OEM agreements with global-class partners such as HP, IBM, Microsoft, Oracle, Business Objects and Cognos. Listed on Nasdaq and with a worldwide headquarters in Boston, USA, Attunity serves its customers via offices in North America, Europe, Middle East, China and Australia, as well as through a network of local partners.”
Insitutional Activity: The institutional sentiment increased to 0.57 in Q2 2016. Its up 0.29, from 0.28 in 2016Q1. The ratio increased, as 7 funds sold all Attunity Ltd shares owned while 7 reduced positions. 3 funds bought stakes while 5 increased positions. They now own 1.71 million shares or 36.88% less from 2.71 million shares in 2016Q1.
Renaissance Tech Limited Liability Corp has invested 0% of its portfolio in Attunity Ltd (NASDAQ:ATTU). Tower Rech Ltd Co (Trc) accumulated 0% or 500 shares. New York State Common Retirement Fund reported 19,649 shares or 0% of all its holdings. Morgan Stanley, a New York-based fund reported 343 shares. Financial Bank Of New York Mellon Corp has invested 0% of its portfolio in Attunity Ltd (NASDAQ:ATTU). G2 Inv Prtnrs Limited has 89,076 shares for 0.38% of their US portfolio. The California-based Rice Hall James And Associate Limited Liability has invested 0.21% in Attunity Ltd (NASDAQ:ATTU). Boothbay Fund Mngmt Ltd Limited Liability Company has 22,408 shares for 0.1% of their US portfolio. Prescott Group Cap Mngmt Ltd Liability Company holds 0.88% of its portfolio in Attunity Ltd (NASDAQ:ATTU) for 393,504 shares. Herald Investment Mgmt Limited has 294,200 shares for 1.14% of their US portfolio. Creative Planning last reported 0% of its portfolio in the stock. Tanaka Cap Mngmt Inc has 5.29% invested in the company for 221,243 shares. Moreover, Jpmorgan Chase & has 0% invested in Attunity Ltd (NASDAQ:ATTU) for 2,900 shares. Deutsche Retail Bank Ag, a Germany-based fund reported 1,624 shares. California Public Employees Retirement System holds 0% of its portfolio in Attunity Ltd (NASDAQ:ATTU) for 23,100 shares.
Another recent and important Attunity Ltd (NASDAQ:ATTU) news was published by Quotes.Wsj.com which published an article titled: “Attunity Ltd. ATTU (US: Nasdaq)” on July 27, 2012.
ATTU Company Profile
Attunity Ltd (Attunity), incorporated on October 31, 1988, is a well-known provider of Big Data management software solutions that enable access, management, sharing and distribution of data across heterogeneous enterprise platforms, organizations and the cloud. The Company’s software solutions include data replication and distribution (Attunity Replicate, change data capture (CDC) and Attunity Gold Client Solutions), test data management (Attunity Gold Client Solutions), data connectivity (Attunity Connect), enterprise file replication (AttunityRepliWeb), managed-file-transfer (Attunity MFT), data warehouse automation (Attunity Compose), data usage analytics (Attunity Visibility) and cloud data delivery (AttunityCloudBeam). The Company’s software is used for projects, such as data warehousing, Hadoop, business intelligence (BI) and Big Data analytics, reporting, migration and modernization, data consolidation and distribution, and cloud initiatives.
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