Is It Time To Review Stock News? Proofpoint, (NASDAQ:PFPT)

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Proofpoint, (NASDAQ:PFPT) stock identified change of 46.96% away from 52-week low price and recently located move of -15.11% off 52-week high price. It has market worth of $6337.18M PFPT stock has been recorded -5.11% away from 50 day moving average and 4.57% away from 200 day moving average. Moving closer, we can see that shares have been trading 0.51% off 20-day moving average.

On June 24, 2019 Proofpoint, (NASDAQ:PFPT) a leading cybersecurity and compliance company, released its 2019 Domain Fraud Report, which uncovers the latest trends shaping the domain landscape and the tactics and activity of threat actors. The report provides in-depth analysis of data collected from Proofpoint’s Active Domains Database, which contains over 350 million domains and represents virtually all domains on the web, over a twelve-month period.

Similar to many of top attack methods, domain fraud targets individuals rather than infrastructure by using social engineering to trick users into believing the domains they are accessing are legitimate, said Ali Mesdaq, director of Digital Risk Engineering for Proofpoint. Due to the relatively low barrier to entry of domain registrations and ease of execution, it is critical that organizations remain vigilant of suspicious and infringing domains that might pose a risk to their brand and customers.

The growth of fraudulent domains corresponds to the growth of the overall domain landscape. Between Q1 and Q4 2018, registrations of fraudulent domains grew by 11 percent. Nearly all fraudulent domains detected by Proofpoint remain active and positioned for attack, with more than 90 percent associated with a live server. Of these fraudulent domains, more than 15 percent have Mail Exchanger (MX) records, indicating that they send and/or receive email. One-in-four also have security certificates – far more than appear in the aggregate domain landscape – which many internet users mistakenly equate with legitimacy and security.


Fraudulent domains leverage many of the same top-level domains (TLDs), registrars, and web servers as legitimate domains to impersonate brands and manipulate users. These factors, as well as the high proportion of live web servers, many with valid SSL certificates, increase the perceived legitimacy of fraudulent domains, increasing the potential for a wide range of attacks, including wire transfer fraud, phishing, counterfeit good sales and other scams. The Technology sector company, Proofpoint noticed change of -1.30% to $111.57 along volume of 276165 shares in recent session compared to an average volume of 508.45K. The stock observed return of 3.08% in 5 days trading activity. The stock was at -2.23% over one month performance. PFPT’s shares are at -7.26% for the quarter and driving a -9.09% return over the course of the past year and is now at 33.12% since this point in 2018.

The average volatility for the week at 2.52% and for month was at 3.13%. There are 56.8M shares outstanding and 54.5M shares are floated in market. Right now the stock beta is 1.63.

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Christopher Abbott
Christopher Abbott joined the, after more than 10 years of experience in writing financial and business news, most recently as Investment Editor and writer. He also has a vast knowledge of stock trading. He earned bachelor degree from Union College with a focus in Business Administration. Christopher is the Senior Editor for and market movers section. He also holds an MBA from Penn State University He has two daughter and two children. Address: 1140 Water Street, Concord, California Phone Number: 925-348-4776 Email: 
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