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Today's Research Report Coverage on IT Services Stocks -- Wipro, Internap, Atlassian, and 21VianetNEW YORK, July 31, 2017 /PRNewswire/ -- If you want a Stock Review on WIT, INAP, TEAM, or VNET then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. This morning, DailyStockTracker.com revisits the Information Technology Services space, which includes companies that provide services such as software support, computer systems design, and data processing facilities management. Lined up for assessment are Wipro Ltd (NYSE: WIT), Internap Corp. (NASDAQ: INAP), Atlassian Corp. PLC (NASDAQ: TEAM), and 21Vianet Group Inc. (NASDAQ: VNET). Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at: http://dailystocktracker.com/register/ Wipro Last Friday, Bengaluru, India headquartered Wipro Ltd's stock declined 0.33%, to close the day at $6.10. A total volume of 1.39 million shares was traded. The Company's shares have advanced 19.61% in the last month, 23.86% in the previous three months, and 26.03% on an YTD basis. The stock is trading 14.30% above its 50-day moving average and 22.62% above its 200-day moving average. Additionally, shares of Wipro, which operates as an information technology, consulting, and business process services company worldwide, have a Relative Strength Index (RSI) of 77.07. On July 07th, 2017, research firm CLSA downgraded the Company's stock rating from 'Buy' to 'Outperform'. On July 25th, 2017, Wipro announced a partnership with Hewlett Packard Enterprise (HPE) to offer IT infrastructure solutions in a consumption-based or pay-per-use business model for enterprises. This model for IT infrastructure procurement and provisioning will be offered globally to customers of both companies. The free research report on WIT is available at: http://dailystocktracker.com/registration/?symbol=WIT
Shares in Atlanta, Georgia headquartered Internap Corp. rose 0.52%, finishing Friday's session at $3.83. The stock recorded a trading volume of 529,433 shares. The Company's shares have gained 5.80% in the last month, 23.55% over the previous three months, and 148.70% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.07% and 53.94%, respectively. Furthermore, shares of Internap, which operates as a technology provider of Internet infrastructure services, have an RSI of 50.83. On July 17th, 2017, Internap announced that it will release its Q2 2017 financial results before market open on August 03rd, 2017. At 8:30 a.m. ET on the same day, senior management will host a conference call presentation to discuss the results. The webcast, which will include accompanying presentation slides, may be accessed under the Investor Relations section of the Company's website. The complimentary report on INAP can be downloaded at: http://dailystocktracker.com/registration/?symbol=INAP
London, the UK-based Atlassian Corp. PLC's stock finished 2.19% lower at $37.14 last Friday at the close. A toal volume of 1.58 million shares was traded, which was higher than their three months average volume of 708,400 shares. The Company's shares have advanced 2.88% in the past month, 7.71% in the previous three months, and 54.24% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.96% and 21.66%, respectively. Additionally, shares of Atlassian, which through its subsidiaries, designs, develops, licenses, and maintains software; and provides software hosting services worldwide, have an RSI of 56.19. On July 26th, 2017, research firm BMO Capital Markets reiterated its 'Market Perform' rating on the Company's stock with an increase of the target price from $40 a share to $42 a share. On July 27th, 2017, Atlassian announced financial results for its Q4 and fiscal year ended June 30th, 2017. For Q4 2017, total revenue was $174.3 million, operating loss was $32.3 million, and net loss was $20.7 million. For FY17, total revenue was $619.9 million, operating loss was $63.1 million, and net loss was $42.5 million. Visit us today and download our complete research report on TEAM for free at: http://dailystocktracker.com/registration/?symbol=TEAM
Beijing, the People's Republic of China headquartered 21Vianet Group Inc.'s shares ended the session 0.22% lower at $4.56. The stock recorded a trading volume of 172,642 shares. The stock is trading 11.58% below their 50-day moving average. Moreover, shares of 21Vianet Group, which provides carrier-neutral Internet data center services to Internet companies, government entities, blue-chip enterprises, and small-to mid-sized enterprises in the People's Republic of China, have an RSI of 38.63. On July 19th, 2017, 21Vianet Group announced that it plans to release its Q2 2017 financial results on August 22nd, 2017, after market close. The Company will hold a conference call at 8:00 p.m. US ET on the same day to discuss the financial results. A live and archived webcast of the conference call will be available on the Company's investor relation website. Get free access to your technical report on VNET at: http://dailystocktracker.com/registration/?symbol=VNET Daily Stock Tracker: Daily Stock Tracker (DST) 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. DST 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. DST 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 DST. DST 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 DST, 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. DST, 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, DST, 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 DST 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://dailystocktracker.com/disclaimer/
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