QLYS Stock Drops 5% Amid Market Volatility

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4 days ago
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Qualys (QLYS, Financial), a provider of cloud security and compliance solutions, recently experienced a significant stock fluctuation with a 5.01% decline, trading at $120.77 per share. The trading volume reached 183,708 shares, with a turnover rate of 0.50% and a price amplitude of 4.80%. The company's recent financial report recorded a revenue of $149 million, a net profit of $43.77 million, and earnings per share of $1.19. Qualys' gross profit stood at $123 million, with a price-to-earnings ratio of 26.67.

Regarding analyst ratings, 17% of 24 institutions recommend buying QLYS, while 67% suggest holding, and 16% advise selling the stock. Within the broader software services sector, the industry saw an overall decline of 0.48%.

In the same sector, other stocks like Versus Systems Inc C/Wts 15/01/2025(To Pur Com) and Cerence Inc. performed well, while Cemtrex Inc. and Microalgo, Inc. showed higher activity levels with significant turnover rates. Stocks with notable price swings included Multisensor Ai Holdings Inc C/Wts 19/12/2028(To Pur Com) and Surgepays Inc C/Wts 22/10/2024 (To Pur Com).

Qualys, headquartered in California, was founded in 1999 and went public in 2012. It serves over 10,000 clients globally, primarily small and medium-sized businesses, by helping them identify and manage security risks and compliance requirements.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.