CDK Global Inc. (NASDAQ:CDK) went up by 1.58% during the previous trading session, and it is maintaining the win ahead of Tuesday’s trading session. The share price of the Software – Application giant went up by $41.80 to trade ended Tuesday trading at $41.15. This is up from the $41.15 price recorded on Monday’s trading session. Its performance from the start of the year has also been negative, with CDK down by -23.56% year-to-date.
CDK Global Inc. (CDK) started the day trading at $42.4 and recorded an intraday high of $43.425. It also recorded an intraday low of $41.33 during Tuesday’s trading session. CDK Global Inc. is a very active stock that recorded a trading volume that is less than -17.92% of the average daily trading volume on Tuesday. The stock’s trading volume on Tuesday was 848012, which is less than -17.92 of the total average daily trading volume of 1.00 million.
CDK Global Inc. (NASDAQ:CDK) 2020 Performance Impressive
The increase in CDK’s stock price on Tuesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of CDK currently stands at $57.00, which is higher than the current trading price of the stock by 26.67%. However, CDK’s current trading price is -43.54% lower than the 52-week low price of $29.12. In terms of trading volume, CDK Global Inc. currently experienced healthy participation during the last trading session. 848012 shares of CDK Global Inc. were traded on the stock exchange on Tuesday, which is less than -17.92% of the 1.00 million average trading volume of the stock.
The performance of the stock has been positive over the past year. CDK’s performance over the past one year has seen it plunge by -12.35%, while the stock has gone down by -23.94% in the last six months. The quarterly performance of CDK currently stands at 14.80%, and it is up by 15.06% in the last month. The only negative figure was from the weekly performance, which currently reads -9.86%. At the time of writing CDK’s report, the company has a total market cap of $5.05B, making it one of the largest publicly-traded companies in the world.CDK Global Inc. also has over 9000 employees all over the world.
CDK Insider Activities
For CDK Global Inc., insiders hold 86.50% of all company shares. The insider transactions over the past six months are down by -1.50%. During that period, insiders bought 0 shares in 0 transactions. In that same period, insiders sold 8,557 of their shares in 5 transactions. After these transactions, insiders at CDK Global Inc. now hold 424.13k shares, which is over 87.84% of the total company stocks. Institutional investors currently hold a large chunk of the CDK shares, as they control 0.35% of the company’s total stock.
CDK Fundamental Analysis
For CDK Global Inc., the stock’s diluted earnings per share (EPS) stands at 1.55. In the coming year, analysts expect the EPS to be 3.16. The stock’s EPS growth this year is -30.30%, with analysts expecting almost a 1 growth in the earnings per share next week. In terms of revenue, CDK Global Inc.’s quarterly sales (YOY) is growing at 0.51, which is lower than the average annual revenue of 5.40% over the past half a decade.
The Return on Investment (ROI) on CDK Global Inc.’s stock currently stands at 17.70%, and it has a net profit margin of 0.40%. The operating margin of the company is 25.30%, and its gross margin is 57.90%.
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of CDK currently stands at 1.61%, while the SMA50 is 9.15%. The biggest one is the SMA200, which is currently reading -9.54% ahead of Tuesday’s trading session. The Relative Strength Index of this stock is 53.97, while its price to earnings ratio (P/E) is 26.93.