Stock in News Spotlight: Akamai Technologies, Inc. (NASDAQ: AKAM)


On 05 Nov 2019, Akamai Technologies, Inc. (NASDAQ: AKAM) noted an up move of 0.32% in most recent trading session with finishing price of $87.79. The company negotiated 1611649 shares compared to an average volume of 1680.3K shares. EPS growth for this year is 23.70% and EPS growth for next year is estimated to reach at 9.13%. EPS growth in past five years was 2.00% while EPS growth in next five years is projected to arrive at 12.00%. Sales growth past 5 years was measured at 11.50%.

Akamai Technologies, Inc. (AKAM) reported it received the highest scores in the API security and web scale critical business applications use cases for the second year in a row, and ranked third out of 12 providers in the public-facing web application use case in Gartner’s 2019 Critical Capabilities for Cloud Web Application Firewalls Services report.

“Akamai has been pursuing a cloud delivered security strategy that addresses critical capabilities in DDoS protection, application security, API protection, and bot management as an integrated edge platform that provides scalable and consistent protections across the multi-cloud infrastructure that 84%1 of enterprises are pursuing recently,” stated Raja Patel, Vice President of Products, Web Security at Akamai. “We are happy to see that the industry is moving toward a model where cloud delivered security solutions will be the prevailing architectural choice and feel that Akamai’s exclusive ability to deliver these integrated protections at the edge is a exclusive differentiator for us.”

AKAM as of last trading session moved at 53.53% from its 52-week low and was trading at -5.72% to its 52-week high.  The stock price lost at -1.79% from 20-Days Simple Moving Average, plunged at -2.18% from 50-Days Simple Moving Average and settled at 9.77% from 200 Days Simple Moving Average. In the profitability analysis, net profit margin of the firm was recorded at 12.40% and operating profit margin was calculated at 15.10% while gross profit margin was measured as 65.60%. Beta factor, which measures the riskiness of the security, was registered at 0.61.