|Bid||112.41 x 800|
|Ask||116.17 x 800|
|Day's range||113.21 - 114.44|
|52-week range||109.07 - 139.26|
|Beta (5Y monthly)||0.65|
|PE ratio (TTM)||18.81|
|Earnings date||20 Oct 2021 - 25 Oct 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||132.88|
With its stock down 4.0% over the past week, it is easy to disregard Check Point Software Technologies (NASDAQ:CHKP...
The acquisition of Avanan is likely to strengthen Check Point's (CHKP) cloud offering portfolio and enhance its end-to-end enterprise security solution capabilities.
Check Point Software Technologies said on Monday it acquired U.S.-Israeli cyber security company Avanan, which specialises in protecting email, where most cyber attacks begin. "More and more businesses are moving to cloud-email platforms and with email becoming a major channel to launch devastating cyber-attacks, this acquisition represents a huge potential,” said Dorit Dor, Check Point’s chief product officer. Avanan was founded in 2015 and its technology blocks malicious emails before they reach a user's inbox, Check Point said.