Jul/28 – 16:00
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Citrix Systems Inc. is a Citrix Systems provides virtualization software, including Virtual Apps and Desktops for desktop virtualization and Citrix Virtual Apps for application virtualization.
Among the S&P 500’s biggest fallers on Tuesday July 28 was Citrix Systems Inc. (CTXS). The stock experienced a 2.8% decline to $138.03 with 2.11 million shares changing hands.
Citrix Systems Inc. started at an opening price of 142.08 and hit a high of $142.08 and a low of $137.53. Ultimately, the stock took a hit and finished the day at $3.97 per share. Citrix Systems Inc. trades an average of n/a shares a day out of a total 123.45 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Citrix Systems Inc. hit a high of $173.56 and a low of $90.28 over the last year.
Citrix Systems provides virtualization software, including Virtual Apps and Desktops for desktop virtualization and Citrix Virtual Apps for application virtualization. The company also provides Citrix Endpoint Management for mobile device management and Citrix ADC for application delivery and Citrix SDWAN for routing, security, and WAN monitoring.
With its headquarters located in Fort Lauderdale, FL, Citrix Systems Inc. employs 8,400 people. After today’s trading, the company’s market cap has fallen to $17.04 billion, a P/S of n/a, a P/B of -77.98, and a P/FCF of n/a.
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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.
The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.
To get more information on Citrix Systems Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: CTXS’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.