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Varonis Systems, Inc is currently in a long term downtrend where the price is trading 39.6% below its 200 day moving average.
From a valuation standpoint, the stock is 31.9% cheaper than other stocks from the Technology sector with a price to sales ratio of 17.2.
Varonis Systems, Inc's total revenue rose by 31.2% to $95M since the same quarter in the previous year.
Its net income has increased by 99.9% to $-19K since the same quarter in the previous year.
Finally, its free cash flow grew by 78.0% to $-2M since the same quarter in the previous year.
Based on the above factors, Varonis Systems, Inc gets an overall score of 4/5.
Sector | Technology |
---|---|
Exchange | NASDAQ |
CurrencyCode | USD |
ISIN | US9222801022 |
Industry | Software - Infrastructure |
Market Cap | 5B |
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PE Ratio | None |
Target Price | 51.9605 |
Beta | 0.76 |
Dividend Yield | None |
Varonis Systems, Inc. provides software products and services that continuously discover and classify critical data, remediate exposures, and detect advanced threats with AI-powered technology in North America, Europe, APAC, and rest of world. Its software protects structured and unstructured data in SaaS, IaaS, and on-premises. In the cloud, the company secures data and resources in AWS, Microsoft Azure, and Google Cloud and in SaaS applications including Salesforce, Snowflake, ServiceNow, Microsoft 365, Google Drive, Box, and others; and On-premises, it supports Windows, NAS, and Linux storage. In addition, it offers Varonis' Managed Data Detection and Response service that identifies threats to data. It uses AI-powered detection technology to investigate and respond to threats. The company works with organizations that include financial services, healthcare, manufacturing, technology, insurance, energy and utilities, consumer and retail, education, construction, and the public sector. Varonis Systems, Inc. was incorporated in 2004 and is headquartered in Miami, Florida.
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