Application Software Stocks Under Scanner -- Open Text, Imperva, Ellie Mae, and Synchronoss
NEW YORK, March 21, 2017 /PRNewswire/ --
On Monday, March 20, 2017, the NASDAQ Composite ended the trading session at 5,901.53, up 0.01%; the Dow Jones Industrial Average edged 0.04% lower, to finish at 20,905.86; and the S&P 500 closed at 2,373.47, dropping 0.20%. Losses were broad based as six out of nine sectors ended the day in negative. This Tuesday, Stock-Callers.com has initiated reports coverage on the following Application Software equities: Open Text Corporation (NASDAQ: OTEX), Imperva Inc. (NASDAQ: IMPV), Ellie Mae Inc. (NYSE: ELLI), and Synchronoss Technologies Inc. (NASDAQ: SNCR). Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
Open Text
On Monday, shares in Waterloo, Canada headquartered Open Text Corp. ended the session 1.13% lower at $34.08 with a total volume of 414,741 shares traded. Open Text's shares have advanced 0.70% in the last one month and 12.66% in the previous three months. Furthermore, the stock has gained 40.27% in the past one year. Shares of the Company, which provides a suite of software products and services that assist organizations in finding, utilizing, and sharing business information from various devices, are trading at a PE ratio of 7.49. The stock is trading 2.93% above its 50-day moving average and 8.69% above its 200-day moving average. Moreover, the Company's shares have a Relative Strength Index (RSI) of 60.05. Sign up and read the free research report on OTEX at:
http://stock-callers.com/registration/?symbol=OTEX
Imperva
On Monday, shares in Redwood Shores, California headquartered Imperva Inc. recorded a trading volume of 451,883 shares. The stock ended the day 0.36% lower at $40.95. Imperva's stock has gained 8.62% in the past three months. The Company's shares are trading below its 50-day and 200-day moving averages by 2.68% and 4.36%, respectively. Furthermore, shares of Imperva, which engages in the development, market, sale, and support of cyber security solutions that protect business critical data and applications in the cloud or on premises worldwide, have an RSI of 41.09.
On March 14th, 2017, research firm Monness Crespi & Hardt initiated a 'Buy' rating on the Company's stock, with a target price of $52 per share. The complimentary research report on IMPV can be downloaded at:
http://stock-callers.com/registration/?symbol=IMPV
Ellie Mae
Pleasanton, California headquartered Ellie Mae Inc.'s stock finished Monday's session 0.39% higher at $98.67 with a total volume of 208,600 shares traded. Over the last one month and the previous three months, Ellie Mae's shares have gained 5.17% and 21.80%, respectively. Furthermore, the stock has gained 17.79% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 8.68% and 6.52%, respectively. Shares of Ellie Mae, which provides on-demand software solutions and services for the residential mortgage industry in the US, are trading at a PE ratio of 86.40. In addition, the stock has an RSI of 61.39. Register for free on Stock-Callers.com and access the latest report on ELLI at:
http://stock-callers.com/registration/?symbol=ELLI
Synchronoss
Bridgewater, New Jersey headquartered Synchronoss Technologies Inc.'s stock advanced 1.10%, to close the day at $26.54. The stock recorded a trading volume of 643,062 shares. Synchronoss Technologies' shares are trading 20.97% and 30.37% below its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which provides cloud solutions and software-based activation for connected devices worldwide, have an RSI of 30.84. Get free access to your research report on SNCR at:
http://stock-callers.com/registration/?symbol=SNCR
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article