Stock Buzzer: Workiva Inc Just Recorded A Sigfniciant Decline

Stock Buzzer: Workiva Inc Just Recorded A Sigfniciant Decline

The stock of Workiva Inc (NYSE:WK) is a huge mover today! About 1.83 million shares traded hands or 1912.54% up from the average. Workiva Inc (NYSE:WK) has risen 38.66% since April 8, 2016 and is uptrending. It has outperformed by 33.01% the S&P500.
The move comes after 5 months negative chart setup for the $606.13 million company. It was reported on Nov, 10 by Barchart.com. We have $13.87 PT which if reached, will make NYSE:WK worth $36.37 million less.

Workiva Inc (NYSE:WK) Ratings Coverage

Out of 2 analysts covering Workiva (NYSE:WK), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Workiva has been the topic of 3 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Friday, November 6 by Northland Capital. Northland Capital maintained it with “Outperform” rating and $20 target price in Thursday, August 6 report.

According to Zacks Investment Research, “Workiva LLC offers a cloud-based and mobile-enabled platform for enterprises to collect, manage, report and analyze critical business data in real time. The company provides solutions for compliance, risk, sustainability and management reporting as well as enterprise risk management. It serves the manufacturing and materials, energy and utilities, financial services, healthcare, media and entertainment, real estate, retail, consumer goods, services, transportation and technology and telecom industries. Workiva LLC is headquartered in Ames, Iowa.”

More notable recent Workiva Inc (NYSE:WK) news were published by: Fool.com which released: “Why Workiva Inc. Stock Fell Sharply” on November 10, 2016, also Marketwatch.com with their article: “Workiva downgraded to neutral from outperform at Credit Suisse” published on December 12, 2014, Businesswire.com published: “Workiva and Frazier & Deeter Announce Strategic Partnership to Help Companies …” on November 08, 2016. More interesting news about Workiva Inc (NYSE:WK) were released by: Prnewswire.com and their article: “Workiva Announces Second Quarter 2016 Financial Results” published on August 03, 2016 as well as Quotes.Wsj.com‘s news article titled: “DOW JONES, A NEWS CORP COMPANY” with publication date: December 05, 2014.

WK Company Profile

Workiva Inc., incorporated on September 17, 2014, develops Wdesk, a cloud productivity platform for enterprises to collect, link, report and analyze business data with control and accountability. The Wdesk word processing, spreadsheet and presentation applications are integrated and built upon a data management engine, offering synchronized data, controlled collaboration, granular permissions and a full audit trail. The Firm offers Wdesk solutions in various markets, such as finance and accounting, risk, Sarbanes-Oxley act (SOX) and audit.

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