Godaddy Inc Class A (NYSE:GDDY) reported an increase of 34.79% in shorted shares. FINRA published in February GDDY’s total 6.75 million shorted shares. Previously was reported up change of 34.79% from 5.01 million shares. 3 days will cost GDDY with 2.27 million average volume to restore its former position.
GDDY hit $68.3 during the last trading session after $0.33 change.GoDaddy Inc. has 1.60M shares volume, 1.67% up from normal. GDDY is uptrending and has moved 34.41% since February 4, 2018. GDDY outperformed by 34.41% the S&P500.
GoDaddy Inc. designs and develops cloud technology products for small businesses, Web design professionals, and individuals in the United States and internationally.The company has $11.85 billion market cap. It provides domain name registration product that enables to engage clients at the initial stage of establishing a digital identity; hosting and presence products, such as shared Website hosting, Website hosting on virtual dedicated servers and dedicated servers, managed hosting, and security.The P/E ratio is 92.17. The firm also offers Website builder, an online tool that enables clients to build Websites; online store product that allows clients to create their own standalone Website with an integrated online store optimized for mobile shopping; and search engine visibility product that helps clients get their Websites found on search sites through search engine optimization.
GoDaddy Inc. (NYSE:GDDY) Ratings Coverage
In total 3 analysts cover GoDaddy (NYSE:GDDY). “Buy” rating has 2, “Sell” are 0, while 1 are “Hold”. 67% are bullish. With $8800 highest and $81 lowest PT GoDaddy has $86.50 average PT or 26.65% above the current ($68.3) price. 4 are the (NYSE:GDDY)’s analyst reports since August 6, 2018 according to StockzIntelligence Inc. On Monday, August 6 the firm has “Overweight” rating given by Morgan Stanley. On Thursday, October 11 the company was upgraded by Citigroup.
For more GoDaddy Inc. (NYSE:GDDY) news published briefly go to: Seekingalpha.com, Fool.com, Seekingalpha.com, Seekingalpha.com or Investorplace.com. The titles are as follows: “GoDaddy Inc. 2018 Q2 – Results – Earnings Call Slides – Seeking Alpha” published on August 03, 2018, “3 Reasons Why GoDaddy Stock Keeps Hitting New Highs – Motley Fool” on September 05, 2018, “Overstated Profits Can’t Even Justify This Stock’s Valuation – Seeking Alpha” with a publish date: April 24, 2018, “GoDaddy Will Fall From The Clouds – Seeking Alpha” and the last “7 Growth Stocks That Could Be Derailed Soon – Investorplace.com” with publication date: October 22, 2018.
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