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Technology Stock on the Move – Qualys Inc (NASDAQ:QLYS)

Posted on March 28, 2017

On Tuesday, Qualys Inc (NASDAQ:QLYS) closed at $36.05 with trading volume of 65,724.00 shares. The company fell -0.41% with market capitalization of 1.33B. During the year the lowest point at which share traded is $23.77 and hit the highest point at $39.67.

Qualys, Inc. (NASDAQ: QLYS), a pioneer and leading provider of cloud-based security and compliance solutions, today declared that it has extended its single-pane view of security and compliance posture into Google Cloud Platform (GCP). Users can now scan their GCP workloads, together with all other global elastic-cloud and on-premise assets, from within the Qualys Cloud Platform.

Qualys Virtual Scanner Appliance (QVSA) can now be directly deployed from the Google Cloud Launcher to GCP. With a single click, GCP users can create QVSA instances for Google Compute Engine (GCE) across all GCP regions. They can also embed Qualys Cloud Agents into their GCE images for a continuous view of security and compliance state.

Organizations that organize workloads in the cloud must expand their security practices to that infrastructure as part of a shared security responsibility model. QVSA for Compute Engine simplifies installing Vulnerability Administration, ThreatPROTECT, Web Application Scanning and Policy Compliance to those workloads. By utilizing Qualys sensors across Google Cloud, users can gain a view of their perimeter, which combined with internal network scanning creates continuous visibility and security of their workloads.

By installing Qualys Cloud Agent and Qualys Virtual Scanner Appliances across its Google Cloud infrastructure, a Fortune 50 retailer has facilitated multiple business units to easily secure their workloads in the cloud. Qualys’ flawless coverage of all endpoints and assets delivers this customer a single-pane view of security posture across both cloud and on-premises infrastructure powering thousands of stores.

“The availability of Qualys on Google Cloud Platform offers our customers consistent security tools across private and public clouds as they migrate deploy and evolve workloads,” said Adam Massey, Director, Planned Technology Partners, Google Cloud.

“Qualys keeps on extending the reach of our cloud platform to give customers continuous security and visibility for all their global assets whether on premise or in the cloud,” said Philippe Courtot, chairman and CEO, Qualys, Inc. “We are pleased to work with Google to get our scanner appliance certified and tightly integrated with GCP, assisting customers embed security within their digital transformation programs.”

Cloud-centric visibility and control:

Qualys is working with GCP to assist make it easier for organizations to improve the security of their journey to the cloud. The preliminary phase of this integrated development assists customers secure their GCE elastic-cloud infrastructure. Subsequent phases will extend beyond GCE to provide customers with total visibility and security of complete cloud infrastructure.

Technical Analysis:

The Company has price-to-cash ratio of 5.42 and EPS ratio of 0.50. The company net profit margin is 9.70 % and gross profit margin is 78.50 %. The stock has shown quarterly performance of 16.03% and a half-year performance stands at -2.79 %. The stock price is moving up from its 20 days moving average with 2.80 % and isolated positively from 50 days moving average with 1.90 %.

Analyst recommendation for this stock stands at 2.50.

 

Robert Lewis
Robert Lewis covers “Technology” section for Stocks News Times, and assists out occasionally with other industry sectors. He has written about investment and personal finance topics for more than 20 years from a lowly copywriter to editor-in-chief, so he has done a little bit of everything. For what it’s worth, he has a BA from Duke University and an MBA from Rollins College.
NASDAQ:QLYS QLYS Qualys

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