TMCnet News
Application Software Stocks Technical Report -- Tableau Software, Shopify, Box, and inContactNEW YORK, September 13, 2016 /PRNewswire/ -- Application Software is a self-contained computer program that performs a specific task for end users. These include database programs, word processors, Wed browsers, and spreadsheets. This morning, Stock-Callers.com takes a closer look at four companies in this space: Tableau Software Inc. (NYSE: DATA), Shopify Inc. (NYSE: SHOP), Box Inc. (NYSE: BOX), and inContact Inc. (NASDAQ: SAAS). Today's research reports on the aforementioned stocks are downloadable for free upon registration at: http://stock-callers.com/registration Tableau Software Seattle, Washington headquartered Tableau Software Inc.'s stock finished Monday's session at $57.08, which reflected a drop of 0.82%. A total volume of 928,080 shares was traded. Over the last month and the previous three months, the Company's shares have gained 6.23% and 4.97%, respectively. The stock is trading above its 50-day moving average by 3.81%. Moreover, shares of Tableau Software, which provides business analytics software products, have a Relative Strength Index (RSI) of 51.34. On August 22nd, 2016, Tableau Software announced that it has appointed Adam Selipsky as President and Chief Executive Officer effective September 16th, 2016. Christian Chabot, Tableau's co-founder and current CEO, will continue to serve as chairman of Tableau's board of directors. On August 25th, 2016, research firm RBC Capital Markets downgraded the Company's stock rating from 'Outperform' to 'Sector Perform', issuing a target price of $65 per share. Visit us today and access our complete research report on DATA at: http://stock-callers.com/registration/?symbol=DATA
Shares in Ottawa, Canada headquartered Shopify Inc. ended yesterday's session 1.44% higher at $41.63 with a total trading volume of 1.03 million shares. The stock has gained 4.31% in the past month, 48.73% in the previous three months, and 61.36% on an YTD basis. The Company's shares are trading 13.53% above their 50-day moving average and 43.88% above their 200-day moving average. Moreover, shares of Shopify, which provides a cloud-based and multi-channel commerce platform for small and medium-sized businesses, have an RSI of 58.21. On August 18th, 2016, research firm Credit Suisse resumed its 'Outperform' rating on the Company's stock. On August 22nd, 2016, Shopify announced that it has completed its previously announced offering of 8,625,000 Class A subordinate voting shares, which includes the full exercise of the over-allotment option of 1,125,000 Class A subordinate voting shares, at a price of US$38.25 per share. An aggregate of 6,125,000 Class A subordinate voting shares, which includes the Class A subordinate voting shares issued on exercise of the over-allotment option, were sold by Shopify for aggregate gross proceeds of US$234,281,250. The complimentary report on SHOP can be downloaded at:
On Monday, Redwood City, California headquartered Box Inc.'s stock jumped 4.61%, to close the day at $14.30. A total volume of 3.37 million shares was traded, which was above their three months average volume of 972,040 shares. The Company's shares have advanced 15.04% in the last one month, 27.91% in the previous three months, and 2.44% on an YTD basis. The stock is trading 19.32% above its 50-day moving average and 18.94% above its 200-day moving average. Additionally, shares of Box, which provides cloud-based mobile optimized enterprise content collaboration platform that enables organizations of various sizes to manage their enterprise content from anywhere, have an RSI of 68.75. On September 07th, 2016, Box announced a partnership with Google. The companies will collaborate on several initiatives to transform work in the cloud, including new integrations between Box, Google Docs and Google Springboard, to deliver a seamless experience for working and collaborating on content in the cloud. Register for free on Stock-Callers.com and access the latest research report on BOX at: http://stock-callers.com/registration/?symbol=BOX
Shares in Salt Lake City, Utah headquartered inContact Inc. ended the day flat at $13.93. A total volume of 543,413 shares was traded. The stock has gained 0.51% in the last one month, 0.80% in the previous three months, and 46.02% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 0.50% and 26.41%, respectively. Furthermore, shares of inContact, which provides cloud contact center software solutions, and network connectivity services in the US, have an RSI of 58.14. On August 23rd, 2016, Sonus Networks, Inc. and inContact announced that inContact has selected the Sonus SBC 7000 Session Border Controller (SBC) to handle the growing amount of voice traffic across its global cloud network. With the SBC 7000's market-leading scale, inContact is able to break the traditional stacking methodology of small capacity SBCs and scale up to 150,000 sessions via simple software licenses, increasing time-to-market while reducing operating expenses. Get free access to your research report on SAAS at: http://stock-callers.com/registration/?symbol=SAAS -- 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 CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. SOURCE Chelmsford Park SA 
|