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Zacks Investment Research downgraded F5 Networks, Inc. (NASDAQ:FFIV) to Hold in a report released today.

Yesterday F5 Networks, Inc. (NASDAQ:FFIV) traded -1.05% lower at $144.12. The company’s 50-day moving average is $131.93 and its 200-day moving average is $122.12. The last closing price is up 16.78% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same period. Trade Volume was down over the average, with 0 shares of FFIV changing hands under the typical 782,095

Zacks Investment Research has downgraded F5 Networks, Inc. (NASDAQ:FFIV) to Hold in a report released on 11/28/2016.

Previously on 11/24/2016, Zacks Investment Research reported on F5 Networks, Inc. (NASDAQ:FFIV) raised the target price from $0.00 to $161.00. At the time, this indicated a possible upside of 0.12%.

Recent Performance Chart

F5 Networks, Inc. (NASDAQ:FFIV)

F5 Networks, Inc. has PE ratio of 26.51 with a one year low of $86.03 and a one year high of $144.28 and has a market capitalization of $0.

A total of 27 brokerages have issued a ratings update on F5 Networks, Inc.. Three brokerages rating the company a strong buy, four brokerages rating the company a buy, twenty-four brokerages rating the company a hold, two brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $110.96.

Brief Synopsis On F5 Networks, Inc. (NASDAQ:FFIV)

F5 Networks, Inc. is a developer and provider of software defined application services. The Company is engaged in the development, marketing and sale of application delivery networking products that optimize the security, performance and availability of network applications, servers and storage systems. The Company's geographical segments include the Americas (primarily the United States); Europe, the Middle East, and Africa (EMEA); Japan, and the Asia Pacific region (APAC). The Company's Traffic Management Operating System (TMOS) based offerings include software products for local and global traffic management, network and application security, access management, Web acceleration and various network and application services. These products are available as modules that can run individually or as part of an integrated solution on the Company's purpose-built BIG-IP appliances and VIPRION chassis-based hardware, or as software-only Virtual Editions.

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