The stock of Elastic N.V. Ordinary Shares (NYSE:ESTC) registered a decrease of 2.33% in short interest. ESTC’s total short interest was 3.12 million shares in March as published by FINRA. Its down 2.33% from 3.20 million shares, reported previously. With 257,100 shares average volume, it will take short sellers 12 days to cover their ESTC’s short positions. The short interest to Elastic N.V. Ordinary Shares’s float is 19.79%.
The stock increased 1.02% or $0.86 during the last trading session, reaching $84.86. About 417,392 shares traded. Elastic N.V. (NYSE:ESTC) has 0.00% since March 15, 2018 and is . It has underperformed by 4.37% the S&P500.
Elastic N.V. develops and delivers technology that enables users to search structured and unstructured data for a range of consumer and enterprise applications. The company has market cap of $6.06 billion. It primarily provides Elastic Stack, a set of software products that ingest and store data from various sources and formats, as well as performs search, analysis, and visualization. It currently has negative earnings. The Company’s Elastic Stack comprises products, such as Elasticsearch, a distributed, real-time search and analytics engine, and data store for various types of data, including textual, numerical, geospatial, structured, and unstructured; Kibana, a user interface, management, and configuration interface for the Elastic Stack; Beats, a single-purpose data shippers for sending data from edge machines to Elasticsearch or Logstash; and Logstash, a data processing pipeline for ingesting data into Elasticsearch or other storage systems.
Elastic N.V. (NYSE:ESTC) Ratings Coverage
Among 2 analysts covering Elastic (NYSE:ESTC), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Elastic had 2 analyst reports since March 1, 2019 according to SRatingsIntel. The firm earned “Neutral” rating on Friday, March 1 by Citigroup.
More notable recent Elastic N.V. (NYSE:ESTC) news were published by: Streetinsider.com which released: “Tiger Global Management Enters Elastic (ESTC), Tencent Music (TME); Adds to Facebook (FB), Lowers Amazon (AMZN), Liquidates Apple (AAPL) – 13F (more…) – StreetInsider.com” on February 14, 2019, also 247Wallst.com with their article: “Top Analyst Upgrades and Downgrades: CSX, Intelsat, Kohlâ€™s, NIO, Rio Tinto, TripAdvisor, VMware and More – 24/7 Wall St.” published on March 06, 2019, Seekingalpha.com published: “Elastic N.V. (ESTC) CEO Shay Banon on Q2 2019 Results – Earnings Call Transcript – Seeking Alpha” on December 04, 2018. More interesting news about Elastic N.V. (NYSE:ESTC) were released by: Investorplace.com and their article: “7 Big Data Stocks That Deserve a Closer Look – Investorplace.com” published on March 05, 2019 as well as Seekingalpha.com‘s news article titled: “Elastic Is A Unique Company With A Unique Valuation – Seeking Alpha” with publication date: December 13, 2018.
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