CDK Global Inc (Nasdaq:CDK)
December 7th, 2018
Amidst falling markets CDK Global Inc fell $1.25 Friday, a 2.54% drop, closing at $47.98. As well as the drop in value, CDK Global Inc hit a new 52 week low of $47.67.
CDK outperformed the rest of the Information Technology sector which went down just 3.53% today.
Analysis results from 5 analysts indicates that CDK Global Inc could go up significantly (38%).
The market sectors were mixed Friday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.40%), while Information Technology saw the biggest drop (3.53%). Healthcare has seen the biggest year-to-date gain at 12%. The biggest loss this year has been the Materials sector falling 12%.
Utilities saw the biggest turnaround from its 5-day performance of 2.33%, as it went up 0.40%. Real Estate saw a turn around from its 5-day performance of 2.84% trading down 1.44%.
- Utilities went up with a 0.40% change.
- Energy went down with a -0.64% change.
- Consumer Staples went down with a -1.29% change.
- Real Estate went down with a -1.44% change.
- Financials went down with a -1.84% change.
- Communication Services went down with a -2.09% change.
- Healthcare went down with a -2.51% change.
- Materials went down with a -2.54% change.
- Industrials went down with a -2.62% change.
- Consumer Discretionary went down with a -3.08% change.
- Information Technology went down with a -3.53% change.
CDK Global Inc Info
CDK Global, Inc. provides software and technology solutions for automotive retailers in the United States and internationally. The company operates through Retail Solutions North America, Advertising North America, and CDK International segments. The company offers Dealer Management System (DMS), a portfolio of layered software applications and services for automotive retailers, original equipment manufacturers (OEMs), consumers, and other industry participants manage the acquisition, sale, financing, insuring, parts supply, and repair and maintenance of vehicles. It also provides solutions to retailers and manufacturers of heavy trucks, construction equipment, agricultural equipment, motorcycles, boats, and other marine and recreational vehicles. In addition, the company offers advertising solutions, such as the management of digital advertising spend for automotive retailers, automotive retailer associations, and OEMs; and professional services, custom programming, consulting, implementation, and training solutions, as well as customer support solutions. It serves approximately 28,000 retail locations and OEMs. CDK Global, Inc. is headquartered in Hoffman Estates, Illinois.
All amounts in USD unless otherwise indicated
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