Just yesterday MuleSoft (NYSE:MULE) traded -2.84% lower at $23.31. The company’s 50-day moving average is $23.39 and its two hundred day average is $23.39. With the last close down -5.08% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Volume of trade was down over the average, with 920,802 shares of MULE changing hands under the typical 1,667,160
Goldman Sachs raised the target price of MuleSoft (NYSE:MULE) to $22.00 indicating a possible downside of -0.06%.
Recent Performance Chart
MuleSoft has 52 week low of $21.60 and a 52 week high of $25.92 and has a total market value of $0.
More About MuleSoft (NYSE:MULE)
MuleSoft, Inc. is engaged in providing a software platform that connects a range of technologies. The Company enables organizations to manage and secure the flow of data between all systems in the enterprise. The Company offers organizations to create agile infrastructures. The Company has developed Anypoint Platform. The Company's customers use its Anypoint Platform to connect their applications, data, and devices into an application network where systems are pluggable instead of glued together with custom integration code. The application network enables a self-serve infrastructure through discoverable building blocks, or nodes, that can be used and reused to rapidly compose applications. With an application network built with Anypoint Platform, organizations can transform into composable enterprises.
The post A Statement Released Earlier today by Goldman Sachs about MuleSoft (NYSE:MULE) bumps the target price to $22.00 appeared first on Octafinance.