16-May-2024
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Secureworks to Report First Quarter Fiscal 2025 Financial Results on June 6, 2024
PRNewswire (Thu, 16-May 4:35 PM ET)
Secureworks Brings AI-Powered Threat Prevention and Detection To The Network With Taegis NDR
PRNewswire (Wed, 8-May 11:00 AM ET)
PRNewswire (Tue, 23-Apr 8:00 AM ET)
Secureworks Appoints William Cary to its Board of Directors
PRNewswire (Thu, 21-Mar 4:25 PM ET)
Secureworks Announces Fourth Quarter and Full Year Fiscal 2024 Results
PRNewswire (Thu, 14-Mar 7:00 AM ET)
PRNewswire (Mon, 11-Mar 9:00 AM ET)
Happiest Minds partners with Secureworks to deliver next-gen XDR Services
PRNewswire (Thu, 29-Feb 3:34 AM ET)
Secureworks to Report Fourth Quarter and Full Year Fiscal 2024 Financial Results on March 14, 2024
PRNewswire (Thu, 22-Feb 4:35 PM ET)
SecureWorks Corp is a cybersecurity provider of technology-driven solutions singularly focused on protecting its customers by outpacing and outmaneuvering the adversary. The company offers its customers the following services; software-as-a-service, or SaaS, solutions, managed solutions, and professional services, including incident response and adversarial services. Its solutions enable organizations to fortify their cyber defenses to prevent security breaches, detect malicious activity in real-time, prioritize and respond to security incidents, and predict emerging threats. The company's products consist of MDR, XDR, Threat Hunting, Log Management, NGAV, EDR, IDPS.
Secureworks Corp. - Class A trades on the NASDAQ stock market under the symbol SCWX.
As of May 16, 2024, SCWX stock price climbed to $6.32 with 29,648 million shares trading.
SCWX has a beta of 1.64, meaning it tends to be more sensitive to market movements. SCWX has a correlation of 0.17 to the broad based SPY ETF.
SCWX has a market cap of $550.03 million. This is considered a Small Cap stock.
Last quarter Secureworks Corp. - Class A reported $89 million in Revenue and $.08 earnings per share. This beat revenue expectation by $2 million and exceeded earnings estimates by $.11.
In the last 3 years, SCWX stock traded as high as $26.89 and as low as $5.28.
The top ETF exchange traded funds that SCWX belongs to (by Net Assets): VTI, VGT, VB, VXF, VBK.
SCWX has underperformed the market in the last year with a return of -29.8%, while the SPY ETF gained +30.5%. In the last 3 month period, SCWX fell short of the market, returning -8.0%, while SPY returned +6.2%. However, in the most recent 2 weeks SCWX has outperformed the stock market by returning +7.1%, while SPY returned +4.7%.
SCWX support price is $6.03 and resistance is $6.47 (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 SCWX stock will trade within this expected range on the day.