TMCnet News
Downgrade Alert for Clicksoftware Technologies (CKSW)Jan 09, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Clicksoftware Technologies (NASDAQ:CKSW) was downgraded from Buy to Neutral at Roth Capital today. The stock closed yesterday at $8.45 on volume of 209,000 shares, above average daily volume of 75,000. Over the past year, Clicksoftware Technologies has traded in a range of $6.81 to $13.07 and closed yesterday at $8.46, 24% above that low. The 200-day and 50-day moving averages have moved 0.72% lower and 1.41% higher over the past week, respectively. ClickSoftware Technologies Ltd. provides service optimization and workforce management solutions that enable customer-driven organizations to provide service through accurate workload forecasting, resource planning and scheduling optimization. The Company's solutions are aimed at saving organizations money and increasing customer satisfaction. Clicksoftware Technologies (NASDAQ:CKSW) has potential upside of 16.7% based on a current price of $8.46 and analysts' consensus price target of $9.88. The stock should find initial support at its 200-day moving average (MA) of $8.37 and further support at its 50-day MA of $7.63. SmarTrend is tracking the current trend status for Clicksoftware Technologies and will alert subscribers who have CKSW in their portfolio or watchlist when shares have changed trend direction. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |