Crowdstrike (CRWD) Stock Goes Red After-Hours


The CRWD stock price fluctuated between $278.38 and $286.37 throughout the trading session with the volume trading being 9M shares, which represented a positive variation when compared to the three months average volume of 4M shares.

The share price of CrowdStrike Holdings, Inc. (NasdaqGS:CRWD) dipped -1.88% to close Tuesday’s market session at $281, lower as compared to yesterday’s close which brings the market valuation of the company to $63.45B.

The 52-week high for the CrowdStrike Holdings, Inc.’s shares is $289.24. That puts it -2.85% from that peak but still a 101.57% gain since the share price dropped to a 52-week low of $115.25, while the S&P 500’s share price change was of 26.47%.

What does the trading volume tell us about the CRWD stock?

During the last trading session, CrowdStrike Holdings, Inc. (NasdaqGS:CRWD) has seen decay in its daily volume. The daily volume was of 4M, while in the last 10 days the average was 7.34M and last three months – 3.67M.


Growing short interest

The CrowdStrike Holdings, Inc.’s shares are seeing an increasing short interest compared to the previous month. As of today, there are 10.35M shares being shorted which translates into 4.16 of a short ratio for CRWD, while in the previous month the shorted shares were 9.47M.

CrowdStrike Holdings, Inc.’s (NasdaqGS:CRWD) financials

With a market cap of 63.45B, CrowdStrike Holdings, Inc. holds a total cash of $1.68B that translates into $7.46 per share, while the total debt is of $779.19M.

The company has seen an increase in the revenue with a year-over-year quarterly revenue growth percentage of 70.10%. The current revenue is of $999.2M that is $4.53 per share.

This is a great sign for a bright future.