Cornerstone OnDemand Inc. (NASDAQ:CSOD) traded at a new 52-week high today of $57.08. Approximately 194,000 shares have changed hands today, as compared to an average 30-day volume of 1.4 million shares.
In the past 52 weeks, Cornerstone OnDemand Inc. share prices are bracketed by a low of $32.99 and a high of $57.08 and is now at $57.08, 73% above that low price.
Cornerstone OnDemand is a fast-growing provider of cloud-based talent-management solutions. While the company is best known for its learning management application, which is considered best in class, the company's products have evolved in recent years, with the company adding features such as recruiting, performance and other development tools. Most of the revenue is recurring, as the company is de-emphasizing implementation services and will rely more on integration partners going forward. As of the end of 2018, the company served 3,535 clients with more than 40 million users across more than 190 countries.
Cornerstone OnDemand Inc. (NASDAQ:CSOD) has potential upside of 49.6% based on a current price of $57.08 and analysts' consensus price target of $85.36.
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