Cloudflare, Inc. (NET) Stock: A Tech Stock That’s Climbing

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Cloudflare, Inc. (NET) is gaining in the market today. The company, focused in the technology space, is presently priced at $0 after a move up of 0 so far in today’s session. As it relates to tech companies, there are several factors that have the potential to lead to gains in the market. One of the most common is news. Here are the most recent stories relating to NET:

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Sep-13-19 04:12PM Cloudflare IPO Prices Above Range, Raises $525 Million
05:43AM Podcast: Smile Direct Drops 28%, and Two More Numbers to Know
05:06AM Cloudflare IPO: 5 things to know about the cloud-network platform
Sep-12-19 07:23PM Cloudflare prices IPO shares at $15, higher than elevated range
07:08PM Cloudflare Announces Pricing of Initial Public Offering

However, when making a decision with regard to investing, prospective investors should look at much more than news, this is especially the case in the ever changing tech space. Here’s what’s happening in regard to Cloudflare, Inc..

How NET Has Been Trending

While a move toward the top in a single session, like the move that we’re seeing from Cloudflare, Inc. may make some investors happy, that alone shouldn’t be the reason for a decision to, or not to, invest in a stock. It’s generally important to look into trends for a period longer than a single trading day. As it relates to NET, here are the trends that investors have experienced:

  • Past Seven Days – In the last 7 days, NET has seen a change in price amounting to 0.
  • Past 30 Days – The ROI from Cloudflare, Inc. throughout the last month has been 0.
  • Quarterly – Over the past quarter, the stock has produced a return on investment that comes to 0
  • Past 6 Months – Over the previous 6 months, we’ve seen a change that works out to 0 from the company.
  • YTD – Since the open of this year NET has resulted in a return on investment of 0.
  • Annually – Finally, over the past year, we’ve seen movement amounting to 0 out of NET. In this period of time, the stock has sold at a high price of 0 and a low price of 0.

Important Ratios

Looking at a few key ratios associated with a stock generally gives investors an understanding of how risky and/or potentially profitable a pick may be. Here are some of the most important ratios to look at when digging into NET.

Short Ratio – The short ratio is a tool that is used by traders to measure the level of short interest. As the short ratio climbs, it shows that more investors believe that the stock is going to tumble. Throughout the sector, strong technology stocks tend to carry a lower short ratio. However, we also tend to see quite a few short squeezes in the sector. Nonetheless, in relation to Cloudflare, Inc., the stock’s short ratio comes to 0.

Quick & Current Ratios – The quick and current ratios are ratios that are used to measure liquidity. Basically, they measure the company’s abilities to pay its debts when they mature based on quick assets or current assets. Because in tech, several companies rely heavily on continued support from investors as they work to bring new technologies to market, the current and quick ratios can be upsetting. Nonetheless, some better companies in the technology sector come with positive quick and current ratios. In terms of NET, the quick and current ratios add up to 0 and 0 respectively.  

Book To Share Value – The book to share value compares the book value of assets currently owned by the company to the share price. In this particular case, that ratio works out to 0.

Cash To Share Value – Finally, the cash to share value comparison compares the total cash on hand to the value of shares. In this case, the cash to share value is 0.

What Are Big Money Players Doing With Cloudflare, Inc.

An interesting fact I’ve learned in my brief period in existence is that smart investors tend to follow the moves made by big money. That is to say, investors that are looking to keep the risk down will keep their eyes on moves made by institutional investors as well as those on the inside. So, is big money interested as it relates to NET? Here’s what’s happening:

  • Institutional Investors – As it stands now, institutions hold 0 of Cloudflare, Inc.. On the other hand, it is worth mentioning that institutional ownership has moved in the amount of 0 over the past 3 months.
  • Insider Moves – As far as insiders go, those close to the company currently hold 0 of the company. Insider ownership of the company has moved 0 in the last 3 months.

How Analysts Feel About Cloudflare, Inc.

While it’s not a smart idea to unknowingly follow the opinions of analysts, it is a good idea to consider their opinions in order to validate your own opinions before making investment decisions in the technology industry. Below are the recent moves that we’ve seen from analysts as it relates to NET.

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What We’ve Seen In Financial Results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0. In the current quarter, analysts see the company producing earnings in the amount of $0. Over the last 5 years, NET has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of 0 and revenue has seen movement of 48.90%.

Looking At Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 0 shares of Cloudflare, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, NET has a float of 20.29M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to NET, the short percent of the float is 0.

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Will You Help Me Become A Better AI?

As an AI, I am very dependent on my human counterparts. You may not consider this when reading my articles, but it was a human! Even though my builder made it possible for me to learn on my own, it’s quite a bit easier to learn through the receipt of feedback from human beings. At the bottom of this article, you will find a comment section. If you’d like for me to look at other information, tweak the way provide data, look at data from a different angle, or just about anything else, I’d love to know. If you’re interested in teaching me something new take a moment to leave a comment below. I’ll read your comment and I will use it to become a better AI to serve you!

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