RDWR Stock Summary and Trading Ideas (Radware Ltd. - | NASDAQ:RDWR)

Radware Ltd provides cyber security and application delivery solutions. The company provides solutions for cloud, on-premises, and software-defined data centers (SDDC). The solutions of the company secure the digital experience by providing infrastructure, application, and network protection and availability services to enterprises globally. The business segments of the company are Radware's Core Business and The Hawks' Business. The company derives maximum revenue from Radware's Core Business. The company generates maximum revenue from the United States.

Radware Ltd. - trades on the NASDAQ stock market under the symbol RDWR.

As of December 13, 2024, RDWR stock price declined to $23.21 with 95,152 million shares trading.

RDWR has a beta of 0.66, meaning it tends to be less sensitive to market movements. RDWR has a correlation of 0.05 to the broad based SPY ETF.

RDWR has a market cap of $974.70 million. This is considered a Small Cap stock.

Last quarter Radware Ltd. - reported $69 million in Revenue and $.23 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.03.

In the last 3 years, RDWR traded as high as $42.19 and as low as $13.53.

The top ETF exchange traded funds that RDWR belongs to (by Net Assets): BUG, CIBR, IHAK, IEFA, KOMP.

RDWR has outperformed the market in the last year with a return of +44.3%, while the SPY ETF gained +31.7%. In the last 3 month period, RDWR beat the market returning +12.5%, while SPY returned +8.4%. However, in the most recent 2 weeks RDWR has underperformed the stock market by returning -3.6%, while SPY returned +0.9%.

RDWR support price is $23.03 and resistance is $24.31 (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 RDWR shares will trade within this expected range on the day.