Worth Watching: Does Talend SA ADR Have Any Gas After Making 1 Year Low?

Worth Watching: Does Talend SA ADR Have Any Gas After Making 1 Year Low?

The stock of Talend SA ADR (NASDAQ:TLND) hit a new 52-week low and has $21.67 target or 5.00% below today’s $22.81 share price. The 7 months bearish chart indicates high risk for the $621.55M company. The 1-year low was reported on Oct, 7 by Barchart.com. If the $21.67 price target is reached, the company will be worth $31.08M less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock. About 122,975 shares traded hands. Talend SA ADR (NASDAQ:TLND) has risen 6.00% since September 7, 2016 and is uptrending. It has underperformed by 2.04% the S&P500.

Talend SA ADR (NASDAQ:TLND) Ratings Coverage

Out of 2 analysts covering Talend (NASDAQ:TLND), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Talend has been the topic of 2 analyst reports since August 24, 2016 according to StockzIntelligence Inc. The stock has “Outperform” rating given by William Blair on Wednesday, August 24. The firm has “Neutral” rating given on Friday, August 26 by Citigroup.

According to Zacks Investment Research, “Talend SA is a provider of big data and cloud integration solutions. Its commercial products are Data Fabric, Big Data Integration, Real-Time Big Data, Data Preparation, Data Integration, Cloud Integration, Data Quality, Application Integration, Master Data Management and metadata Manager. The company also provides technical support; and consulting and training services. Talend SA is based in Suresnes, France.”

More notable recent Talend SA ADR (NASDAQ:TLND) news were published by: Marketwatch.com which released: “Talend SA ADR NASDAQ: TLND” on July 04, 2016, also Schaeffersresearch.com with their article: “Buzz Stocks: Herbalife Ltd., Talend SA ADR, and Ocwen Financial Corp” published on August 26, 2016, Marketwatch.com published: “Talend CEO promises more growth as stock plummets” on August 25, 2016. More interesting news about Talend SA ADR (NASDAQ:TLND) were released by: Zacks.com and their article: “After Successful IPO, Meet Big Data Company Talend” published on July 29, 2016 as well as Marketwatch.com‘s news article titled: “Talend shares up 52% in company’s market debut” with publication date: July 29, 2016.

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