Proofpoint Inc. (PFPT) Soars 11.92%

Proofpoint Inc. (PFPT) Soars 11.92%

Proofpoint Inc. is a Proofpoint Inc. is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries.

Proofpoint Inc. (PFPT) had a good day on the market for Friday December 18 as shares jumped 11.92% to close at $131.11. About 2.4 million shares traded hands on 25,849 trades for the day, compared with an average daily volume of n/a shares out of a total float of 57.71 million. After opening the trading day at $118.02, shares of Proofpoint Inc. stayed within a range of $131.89 to $117.18.

With today’s gains, Proofpoint Inc. now has a market cap of $7.57 billion. Shares of Proofpoint Inc. have been trading within a range of $133.00 and $83.81 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Proofpoint Inc. is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. The firm’s solutions are delivered through its security-as-a-service platform, which hosts an integrated set of on-demand data protection applications. These solutions include threat protection, incident response, regulatory compliance, archiving, governance, and secure communication capabilities. The company derives revenue from subscription fees and hardware, training, and professional services fees. A majority of the firm’s revenue is generated in the United States.

Proofpoint Inc. is based out of Sunnyvale, CA and has some 3,368 employees. Its CEO is Gary Steele.

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