Research Reports Initiation on Tech Stocks -- NCR Corp., CDW Corp., Bankrate, and Internap
NEW YORK, December 14, 2016 /PRNewswire/ --
Stock-Callers.com takes a closer look at the following equities this morning: NCR Corp. (NYSE: NCR), CDW Corp. (NASDAQ: CDW), Bankrate Inc. (NYSE: RATE), and Internap Corp. (NASDAQ: INAP). These companies belong to the Technology sector which posted outsized gains on Tuesday, December 13th, 2016. As per an article on the NASDAQ, shares of Tech companies in the S&P 500 raced to a 1.6% advance during afternoon trading. Learn more about these stocks by downloading their free report at:
http://stock-callers.com/registration
NCR Corp.
Georgia headquartered NCR Corp.'s stock finished Tuesday's session 0.29% lower at $41.50 with a total trading volume of 655,508 shares. The Company's shares have advanced 11.83% in the past month, 32.12% over the previous three months, and 69.66% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 17.32% and 31.61%, respectively. Furthermore, shares of NCR Corp., which provides products and services that enable businesses to connect, interact, and transact with their customers worldwide, have a Relative Strength Index (RSI) of 80.08.
On December 7th, 2016, NCR Corp. announced that it is continuing to support Cumberland Building Society's digital strategy with the launch of Cumberland's new online appointment booking service, powered by Q-Flow enterprise software solution, which was delivered through NCR's strategic partnership with Q-nomy. The new system is part of Cumberland's wider omni-channel strategy, integrating the diaries of the society's branch advisors with multiple customer appointment booking touchpoints. This new booking system enables customers and potential customers to schedule branch or telephone appointments for any type of product, such as mortgage, current account or savings, directly from a mobile, tablet or PC. The free research report on NCR is available at:
http://stock-callers.com/registration/?symbol=NCR
CDW Corp.
Shares in Illinois-based CDW Corp. ended at $53.42, up 0.70% from the last trading session. The stock recorded a trading volume of 703,938 shares. The Company's shares have gained 15.26% in the last one month, 21.70% over the previous three months, and 28.45% since the start of this year. The stock is trading 12.28% above its 50-day moving average and 22.79% above its 200-day moving average. Moreover, shares of CDW Corp., which distributes information technology solutions in North America and the UK, have an RSI of 64.95.
On December 1st, 2016, CDW announced several leadership changes designed to increase focus and continue to deliver industry-leading growth. Effective January 1st, 2017, CDW will launch a stand-alone Small Business unit to capture the significant IT opportunity that exists in this dynamic market. Leading the development of new go-to-market strategies will be Doug Eckrote as senior vice president of small business sales and ecommerce. The company announced that Neal Campbell, who joined CDW in 2011 as Chief Marketing Officer will replace Eckrote as senior vice president, strategic solutions and services. Both Campbell and Eckrote will continue reporting to Thomas E. Richards, chairman and CEO of CDW. The company also announced the appointment of Mark Chong, a former partner of Bain & Company, as senior vice president, strategy, and marketing, who will be reporting to Richards.
On December 9th, 2016, research firm JP Morgan downgraded the Company's stock rating from 'Overweight' to 'Neutral'. The complimentary report on CDW can be downloaded at:
http://stock-callers.com/registration/?symbol=CDW
Bankrate
New York headquartered Bankrate Inc.'s stock ended yesterday's session 0.97% higher at $10.40 with a total trading volume of 351,672 shares. The Company's shares have advanced 5.05% in the past month and 33.85% in the previous three months. The stock is trading 14.27% and 21.56% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Bankrate, which operates as a publisher, aggregator, and distributor of personal finance content on the Internet, have an RSI of 56.20.
On December 13th, 2016, Wallaby Financial Inc., a subsidiary of Bankrate, announced an office move to Pasadena's newest and highest quality office space, Playhouse Plaza. After tripling its staff in Pasadena since the start of 2016, Wallaby will use the additional space to support continued growth and hiring. Visit us today and download our complete research report on RATE for free at:
http://stock-callers.com/registration/?symbol=RATE
Internap
At the close on Tuesday, shares in Atlanta, Georgia headquartered Internap Corp. recorded a trading volume of 241,794 shares. The stock finished 1.09% lower at $0.91. The Company's shares are trading below their 50-day moving average by 28.43%. Furthermore, shares of Internap, which provides information technology (IT) infrastructure services, have an RSI of 28.74.
As per a SEC filing dated November 22nd, 2016, Internap announced the resignation of Steven A. Orchard from his position as Senior Vice President and General Manager, Data Center, and Network Services as of December 1st, 2016. The company stated in the filing that Mr. Orchard will receive the benefits previously disclosed and provided in his Employment Security Agreement. Get free access to your technical report on INAP at:
http://stock-callers.com/registration/?symbol=INAP
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