Hitting 52 Week High, Check Point Software Technologies Ltd. (Nasdaq:CHKP) Close At $121.18

Check Point Software Technologies Ltd. (Nasdaq:CHKP)

February 21st, 2019
Amidst falling markets Check Point Software Technologies Ltd. closed the day up $1.19 Thursday, up 0.99%, closing at $121.18. Furthermore it hit a new 52 week high of $121.62.

CHKP outperformed the rest of the Information Technology sector which went up 0.05% today.
Check Point Software Technologies Ltd. is listed on NASDAQ 100, and was one of 31 stocks that increased today. Weighted by market cap, CHKP represents about 0.08% of NASDAQ 100.

Results from 27 analysts points to the possibility that Check Point Software Technologies Ltd. might fall somewhat (-1.38%), while Finbox has calculated (with low uncertainty) a fair value price of $126.13.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.75%), while Energy saw the biggest drop (-1.55%). Industrials has seen the biggest year-to-date gain at 17.76%.

Energy and Healthcare both saw turn arounds from their five day positive performance, Energy with a drop of -1.55%.

Sector Breakdown

  • Utilities went up with a 0.75% change.
  • Consumer Staples went up with a 0.28% change.
  • Real Estate went up with a 0.14% change.
  • Information Technology went up with a 0.05% change.
  • Consumer Discretionary went down with a -0.20% change.
  • Industrials went down with a -0.41% change.
  • Materials went down with a -0.41% change.
  • Financials went down with a -0.45% change.
  • Communication Services went down with a -0.63% change.
  • Healthcare went down with a -0.88% change.
  • Energy went down with a -1.55% change.

Check Point Software Technologies Ltd. Info

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a portfolio of network and gateway solutions, management solutions, and data and endpoint security solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against 5th generation mega cyber-attacks across various networks, endpoint, cloud, and mobile; security gateways from platforms for small business and small office locations, high end and high demanding data centers, and perimeter environments; and Check Point SandBlast family for threat prevention and zero-day protections. The company also offers Check Point CloudGuard cloud security product that delivers threat prevention security for enterprise cloud networks, data, and applications; Check Point SandBlast Mobile for mobile security in iOS and Android devices; and Check Point Security Management, which offers security management through a single console that streamlines security operations and provides visibility into policy administration and threat analysis. In addition, the company provides technical customer support programs and plans; professional services in implementing, upgrading, and optimizing Check Point products comprising design planning and security implementation; and certification and educational training services. It sells its products and services to enterprises, service providers, small and medium sized businesses, and consumers through a network of channel partners, such as distributors, resellers, system integrators, original equipment manufacturers, and managed security service providers. Check Point Software Technologies Ltd. was founded in 1993 and is headquartered in Tel Aviv, Israel.

All amounts in USD unless otherwise indicated

CHKP daily update
CHKP daily update

Media Gazelle Inc (MG), a Nevada Corporation, owns and operates the online brand US Tribune News. MG does not offer financial advise, and is not a registered broker/dealer/analyst/adviser, holds no investment licenses, and may not sell, offer to sell or offer to buy any security. MG’s market updates, news are not a solicitation or recommendation to buy, sell or hold securities. MG shall not be held liable for any investment losses you may incur by using the information provided, this includes you trading the stocks mentioned on our sites. We recommend you talk to a financial adviser before trading any securities or taking any action based upon information on this site. MG does not guarantee the accuracy of the article.

Tell us what you think