Shares of Elastic N.V. (ESTC) reached a new 52-week high of $104.69 Thursday morning. The stock is currently trading at $104.22, up $6.92 or 7.11% in the regular trading session.
There is no company specific news today that could be attributed to the stock movement.
The company is scheduled to release its first-quarter results on August 26. Analysts polled by Thomson Reuters expect the company to report a loss of $0.18 per share and revenue of $120.86 million for the quarter. Analysts’ estimate typically exclude certain special items.
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