New Relic Inc Stock News

New Relic's stock declined by 30% in the last twenty-one trading days. In comparison, the broader S&P500 index fell by 4% over the same period.

The new infrastructure monitoring experience allows DevOps, SRE, and ITOps teams to proactively identify and resolve public, private, and hybrid cloud infrastructure issues.

In 2020, New Relic launched its New Relic One platform, its attempt to bring together the many point solutions the company had built over the course of the years under a single umbrella with a modern infrastructure stack and a refreshed user experience. Last year, New Relic built on top of this — and its […]

In 2020, New Relic launched its New Relic One platform, its attempt to bring together the many point solutions the company had built over the course of the years under a single umbrella with a modern infrastructure stack and a refreshed user experience. Last year, New Relic built on top of this — and its […]

In 2020, New Relic launched its New Relic One platform, its attempt to bring together the many point solutions the company had built over the course of the years under a single umbrella with a modern

Shares of software-as-a-service (SAAS) provider New Relic, Inc. (NEWR) have dropped 31% over the past month. NEWR’s recent third-quarter results came in ahead of ex…

New Relic Inc (NEWR) shares closed this week 23.0% lower than it did at the end of last week. The stock is currently down 30.4% year-to-date, up 13.7% over the past 12 months, and up 112.7% over the past five years. This week, the Dow Jones Industrial Average rose 0.4%, and the S&P 500 rose 0.6%. Trading Activity Shares traded as high as $109.86 and as low as $75.14 this week.Shares closed 44.1% below its 52-week high and 40.6% above its 52-week low.Trading volume this week was 8.1% lower than the 10-day average and 41.3% higher than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and beats it on a 5-year basis The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and beats it on a 5-year basis The company share price lags the performance of its peers in the Information Technology industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 213.3% The company's stock price performance over the past 12 months beats the peer average by -1867.4% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

New Relic Inc. (NYSE:NEWR) price on Thursday, February 10, fall -2.13% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $76.56. A look at the stock’s price movement, the close in the last trading session was $78.23, moving within a range at $75.14 and $78.80. The beta value … New Relic Inc. (NYSE: NEWR) Fell -2.13%, Now What? Don’t Panic Read More »

The post New Relic Stock Tanks as Guidance Disappoints. Here’s What Analysts Are Saying. appeared on BitcoinEthereumNews.com . Text size Dreamstime New Relic was falling 29% on Wednesday, a day after issuing fiscal fourth-quarter guidance that frightened investors. New Relic (ticker: NEWR) said it expects fourth-quarter revenue of…

Market makers focused on disappointing bottom-line figures in this earnings report and guidance update, shrugging off strong sales. Was that a mistake?

The cloud-based software monitoring expert posted mixed results in the third quarter, with disappointing bottom-line guidance for the foreseeable future.

Wednesday's share price gains were widespread, but earnings remain a concern.

Shares of New Relic lost nearly 30% after reporting fiscal Q3 results.

New Relic (NEWR) stock is falling hard on Wednesday following the release of its earnings report for its fiscal third quarter of 2022.

A whale with a lot of money to spend has taken a noticeably bullish stance on New Relic . Looking at options history for New Relic (NYSE: NEWR ) we detected 23 strange trades. If we consider the specifics of each trade, it is accurate to state that 52% of the investors opened trades with bullish expectations and 47% with bearish. From the overall spotted trades, 18 are puts, for a total amount of $1,248,404 and 5, calls, for a total amount of $195,680. What''s The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $35.0 to $105.0 for New Relic over the last 3 months. Volume & … Full story available on Benzinga.com