Carbon Black Inc (NASDAQ:CBLK) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $14.54 and last traded at $14.99, with a volume of 61026 shares trading hands. The stock had previously closed at $15.43.
A number of research firms have issued reports on CBLK. Zacks Investment Research cut shares of Carbon Black from a “hold” rating to a “sell” rating in a report on Friday, November 30th. Morgan Stanley decreased their price target on shares of Carbon Black from $21.00 to $19.00 and set an “equal weight” rating for the company in a report on Monday, October 29th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $26.83.
Carbon Black (NASDAQ:CBLK) last posted its quarterly earnings data on Thursday, October 25th. The company reported ($0.20) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.25) by $0.05. The firm had revenue of $53.42 million for the quarter, compared to analyst estimates of $52.65 million. Equities research analysts expect that Carbon Black Inc will post -1.48 EPS for the current year.
ILLEGAL ACTIVITY NOTICE: This piece of content was first published by Ticker Report and is owned by of Ticker Report. If you are accessing this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/4001256/carbon-black-cblk-hits-new-12-month-low-at-14-54.html.
About Carbon Black (NASDAQ:CBLK)
Carbon Black, Inc provides security solutions in the United States and internationally. Its security cloud platform captures, records, and analyzes unfiltered endpoint data. The company's solutions enable customers to predict, prevent, detect, respond to and remediate cyber attacks before they cause a damaging incident or data breach.
Featured Story: What is a Leveraged Buyout (LBO)?
Receive News & Ratings for Carbon Black Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carbon Black and related companies with MarketBeat.com's FREE daily email newsletter.