Citrix's most recent trend suggests a bullish bias. One trading opportunity on Citrix is a Bull Put Spread using a strike $52.50 short put and a strike $47.50 long put offers a potential 7.53% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $52.50 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $47.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Citrix is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Citrix is bullish.
The RSI indicator is at 48.55 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citrix
LogMeIn soars to 52-week high after results, guidance top expectations
Fri, 14 Feb 2014 16:05:30 GMT
[$$] Citrix: Activist Target?
Thu, 13 Feb 2014 18:56:00 GMT
Barrons.com – If this is the age of activist investors who target chubby companies to shake out more money, Citrix Systems (CTXS) is a likely target. Shares of the enterprise software vendor have been sliding even though the company has $1.6 billion in cash ($8.50 per share), strong revenue growth, no debt and it is expected to generate $800 million in free cash in 2014, according to MKM Capital Partners. For this reason, MKM is telling clients Citrix could be targeted by an activist investor. The firm estimates that Citrix's various parts make the stock worth $64 to $84 based on conservative assumptions.
Media Alert: Citrix Showcases Market-Leading Network and Mobility Portfolio at Mobile World Congress 2014
Thu, 13 Feb 2014 15:19:46 GMT
noodls – SANTA CLARA, Calif.–(BUSINESS WIRE)– Citrix will be onsite at Mobile World Congress on February 24-27 in Barcelona, Spain exhibiting its optimization, virtualization, enterprise mobility and cloud solutions …
Media Alert: Citrix Showcases Market-Leading Network and Mobility Portfolio at Mobile World Congress 2014
Thu, 13 Feb 2014 14:00:00 GMT
Business Wire – Citrix will be onsite at Mobile World Congress on February 24-27 in Barcelona, Spain exhibiting its optimization, virtualization, enterprise mobility and cloud solutions for mobile operators and enterprises.
Manage the Work, Not the Software — Citrix Showcases IT Innovation at Pink14
Thu, 13 Feb 2014 13:23:11 GMT
noodls – Citrix Expert to Discuss Best ITSM Practices at Global Service Management Conference;Citrix GoToAssist's Integrated Service Desk, Remote Support and Monitoring Solution Featured at Product Exhibition SANTA …
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