SecureWorks Corp. (NASDAQ:SCWX) last traded at $12.50 with a low of $11.32 and high of $12.61. This difference between the high and low qualifies the stock as one of the most volatile of the day.
Company shares last traded at $12.50 which is marginally over the 50 day moving average of $11.80 and just above the 200 day moving average of $11.80. The 50 day moving average was up $0.70 and the 200 day average went up by +5.91%.
Traders are feeling more bullish recently considering the downtick in short interest. The company realized a fall in short interest of -8.62% between August 15, 2017 and August 31, 2017. Short shares fell 59,888 over that period. The short-interest ratio decreased to 9.0 and the short interest percentage is 0.01% as of August 31. In the latest earnings report the EPS was $-0.51 and is estimated to be $-0.31 for the current year with 81,074,000 shares now outstanding. Next quarter’s EPS is forecasted at $-0.07 with next year’s EPS anticipated to be $-0.15.