QLYS Stock Summary and Trading Ideas (Qualys | NASDAQ:QLYS)

Qualys is a cloud security and compliance solutions provider that helps businesses identify and manage their security risks and compliance requirements. The California-based company has more than 10,000 customers worldwide, the majority of which are small- and medium-size businesses. Qualys was founded in 1999 and went public in 2012.

Qualys trades on the NASDAQ stock market under the symbol QLYS.

As of December 13, 2024, QLYS stock price declined to $147.54 with 235,464 million shares trading.

QLYS has a beta of 1.36, meaning it tends to be more sensitive to market movements. QLYS has a correlation of 0.20 to the broad based SPY ETF.

QLYS has a market cap of $5.45 billion. This is considered a Mid Cap stock.

Last quarter Qualys reported $154 million in Revenue and $1.56 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.23.

In the last 3 years, QLYS traded as high as $206.35 and as low as $101.10.

The top ETF exchange traded funds that QLYS belongs to (by Net Assets): IJH, IWM, VTI, VB, CIBR.

QLYS has underperformed the market in the last year with a price return of -23.8% while the SPY ETF gained +29.9%. However, in the short term, QLYS had mixed performance relative to the market. It has outperformed in the last 3 months, returning +16.9% vs +7.8% return in SPY. But in the last 2 weeks, QLYS shares have been beat by the market, returning -3.9% compared to an SPY return of +0.3%.

QLYS support price is $149.47 and resistance is $154.51 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QLYS shares will trade within this expected range on the day.