Watchlist stock: VMware, Inc. (VMW)

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VMware, Inc. stock recently located move of -8.64% off 52-week high price and identified change of 40.73% away from 52-week low price. VMW stock has been recorded -1.00% away from 50 day moving average and 10.14% away from 200 day moving average. Moving closer, we can see that shares have been trading -1.74% off 20-day moving average. It has market worth of $58566.38M.

VMware, Inc. (NYSE:VMW) , a leading innovator in enterprise software, recently reported that it has been named a leader in the IDC MarketScape: Unified Endpoint Management Software 2018 Vendor Assessment. The IDC MarketScape positioned VMware highest in its axis for capabilities, strategy, and largest in market share for the assessed segment.

As businesses plot their course to implement comprehensive device management platforms, IDC predicts1 by 2023 more than three-quarters of enterprises expect to have either the majority, or the entirety, of their corporate PC deployments managed by Unified Endpoint Management (UEM) platforms. VMware’s position in the UEM Software vendor assessment reflects its comprehensive approach targeted directly at PC lifecycle management installed bases, as enterprises continue to transition from traditional management approaches to modern management through a single console and platform.

According to the IDC MarketScape report, “VMware, with its Workspace ONE unified endpoint management, is among the most aggressive in terms of pushing UEM capabilities to the broadest set of users and challenging incumbent PC lifecycle management platforms for migration to UEM and modern management.”

“Our customers have the challenging task of meeting the diverse and evolving needs of a digital workforce. Our unified endpoint management platform serves as a foundational technology for enterprises as they embark on their digital transformation journey,” said Noah Wasmer, senior vice president and general manager, End-User Computing, VMware. “We’re proud to be recognized by the IDC MarketScape for our breadth of capabilities in both UEM and EMM technologies as we continue to enable seamless IT and end-user experiences – no matter the device or OS platform – with intelligence-driven and automated end-to-end modern management capabilities in Workspace ONE.”

The Basic Materials sector company, VMware, Inc. noticed change of -1.73% to $150.75 along volume of 1549465 shares in recent session compared to an average volume of 1530.12K. The stock observed return of -2.31% in 5 days trading activity. The stock was at -0.57% over one month performance. VMW’s shares are at -0.94% for the quarter and driving a 37.45% return over the course of the past year and is now at 20.29% since this point in 2018.

The average volatility for the week at 3.34% and for month was at 2.58%. There are 388.5M shares outstanding and 78.3M shares are floated in market. Right now the stock beta is 0.6.

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Sebastian  Power
Sebastian Power also covers the financial news across all market sectors. He also has an enormous knowledge of stock market. Sebastian holds an MBA degree from University of Florida. He has more than 10 years of experience in writing financial and market news. He previously worked at a number of companies in different role including web developer, software engineer and product manager. He currently covers financial news section for our site. Address: 4658 Columbia Road, Wrangle Hill, Delaware Phone number: 302-838-9976 Email: SebastianPower@thepostwired.com 
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