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Today's Research Report Coverage on Application Software Stocks -- Zendesk, Box Inc., Cloudera, and RingCentral
[October 09, 2017]

Today's Research Report Coverage on Application Software Stocks -- Zendesk, Box Inc., Cloudera, and RingCentral


NEW YORK, October 9, 2017 /PRNewswire/ --

If you want a Stock Review on ZEN, BOX, CLDR, or RNG then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Pre-market today, DailyStockTracker.com takes note of the performance of the following equities: Zendesk Inc. (NYSE: ZEN), Box Inc. (NYSE: BOX), Cloudera Inc. (NYSE: CLDR), and RingCentral Inc. (NYSE: RNG). Application Software companies create, license, and sell software for a variety of uses, including personal and enterprise use. Many of these companies also sell complementary hardware. Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at:

http://dailystocktracker.com/register/

Zendesk 

Last Friday, San Francisco, California headquartered Zendesk Inc.'s stock climbed 2.17%, to close the day at $31.11. A total volume of 844,987 shares was traded, which was above their three months average volume of 836,850 shares. The Company's shares have advanced 10.63% in the last month, 11.59% in the previous three months, and 46.75% on an YTD basis. The stock is trading 10.85% above its 50-day moving average and 15.37% above its 200-day moving average. Additionally, shares of Zendesk, which provides software-as-a-service products for organizations, have a Relative Strength Index (RSI) of 74.38.  

On September 11th, 2017, Zendesk announced the appointment of Hilarie Koplow-McAdams to its Board of Directors. Koplow-McAdams brings deep global enterprise software sales expertise to the Company, having formerly held executive leadership positions at New Relic, Salesforce, Intuit, and Oracle. The free research report on ZEN is available at:

http://dailystocktracker.com/registration/?symbol=ZEN


Box Inc. 

Shares in Redwood City, California headquartered Box Inc. rose 0.94%, finishing Friday's session at $19.23. The stock recorded a trading volume of 2.26 million shares, which was above its three months average volume of 1.53 million shares. The Company's shares have gained 5.83% in the last month, 6.54% over the previous three months, and 38.74% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.52% and 8.17%, respectively. Furthermore, shares of Box Inc., which provides cloud content management platform that enables organizations of various sizes to manage their enterprise content from anywhere, have an RSI of 57.04.  

On September 12th, 2017, Box announced that it will host its analyst day on October 12th, 2017, at Moscone West in San Francisco. The event will be held in conjunction with the Company's user conference, BoxWorks, taking place from October 10th, 2017, to October 12th, 2017, at the same venue. Members of the management team will host a series of presentations from 12:00 p.m. to 2:30 p.m. PT, with lunch beginning at 11:30 a.m. PT.

On September 25th, 2017, research firm Raymond James upgraded the Company's stock rating from 'Market Perform' to 'Outperform'. The complimentary report on BOX can be downloaded at:


http://dailystocktracker.com/registrtion/?symbol=BOX


Cloudera 

Palo Alto, California headquartered Cloudera Inc.'s stock finished 4.00% lower at $16.80 last Friday at the close. A total volume of 3.18 million shares was traded, which was higher than their three months average volume of 822,810 shares. The Company's shares have advanced 2.50% in the previous three months. The stock is trading below its 50-day moving average by 6.07%. Additionally, shares of Cloudera, which operates a data management, machine learning, and analytics software platform in the US, Europe, and Asia, have an RSI of 43.33.  


On September 27th, 2017, Cloudera announced the upcoming beta release of Cloudera Altus Data Engineering for the Microsoft Azure cloud platform. Cloudera Altus, a Platform-as-a-Service offering built on the enterprise-grade Cloudera distribution, helps data engineers use on-demand cloud infrastructure to speed the creation and operation of data pipelines that power sophisticated, data-driven applications. Altus on Azure will provide an easy, unified, and enterprise-ready data engineering experience, allowing end users greater choice in cloud infrastructure providers. Visit us today and download our complete research report on CLDR for free at:

http://dailystocktracker.com/registration/?symbol=CLDR


RingCentral 

Belmont, California headquartered RingCentral Inc.'s shares ended the session 2.05% higher at $44.80. The stock recorded a trading volume of 504,598 shares. Shares of the Company have advanced 5.04% in the last month, 22.74% over the previous three months, and 117.48% on an YTD basis. The stock is trading 13.13% above its 50-day moving average and 40.50% above its 200-day moving average. Moreover, shares of RingCentral, which provides software-as-a-service solutions for business communications in the US and internationally, have an RSI of 69.74.  

On September 27th, 2017, RingCentral has won a Gold Stevie Award in the Messaging category for RingCentral Glip® as part of the 14th Annual International Business Awards. RingCentral Glip is a team messaging and collaboration solution that enables greater team engagement and enhanced worker productivity. Get free access to your technical report on RNG at:

http://dailystocktracker.com/registration/?symbol=RNG

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