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This Morning's Technical Outlook on Application Software Stocks -- Paycom Software, Proteostasis Therapeutics, RealPage, and Red Hat
[February 08, 2018]

This Morning's Technical Outlook on Application Software Stocks -- Paycom Software, Proteostasis Therapeutics, RealPage, and Red Hat

NEW YORK, Feb. 8, 2018 /PRNewswire/ -- strives to bring the best free research to the investment community.  Today we are offering reports on PAYC, PTI, RP, and RHT which can be accessed for free by signing up to On Wednesday, benchmark US indices were in bearish colors as the NASDAQ Composite closed the trading session down 0.90%; the Dow Jones Industrial Average edged 0.08% lower; and the S&P 500 was down 0.50%. US markets made broad based losses with seven out of nine sectors finishing the day in red. Pre-market today, reviews these four Application Software stocks: Paycom Software Inc. (NYSE: PAYC), Proteostasis Therapeutics Inc. (NASDAQ: PTI), RealPage Inc. (NASDAQ: RP), and Red Hat Inc. (NYSE: RHT). All you have to do is sign up today for this free limited time offer by clicking the link below.

Paycom Software

Oklahoma City, Oklahoma headquartered Paycom Software Inc.'s stock finished Wednesday's session 2.44% lower at $84.50. A total volume of 2.01 million shares was traded, which was above its three months average volume of 602.51 thousand shares. The Company's shares have advanced 86.12% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 0.37% and 12.82%, respectively. Furthermore, shares of Paycom Software, which provides cloud-based human capital management software solution that is delivered as software-as-a-service for small to mid-sized companies in the US, have a Relative Strength Index (RSI) of 43.77.

On February 07th, 2018, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $85 a share to $90 a share. Get the full research report on PAYC for free by clicking below at:

Proteostasis Therapeutics

Shares in Cambridge, Massachusetts headquartered Proteostasis Therapeutics Inc. ended at $2.80, down 2.78% from the last trading session. The stock recorded a trading volume of 519,980 shares. The Company's shares have gained 62.79% over the previous three months. The stock is trading below its 50-day moving average by 34.53%. Moreover, shares of Proteostasis Therapeutics, which engages in the discovery and development of novel therapeutics that treat diseases caused by dysfunctional protein processing, such as cystic fibrosis, have an RSI of 35.36. PTI's complimentary research coverage is a few simple steps away at:


Richardson, Texas headquartered RealPage Inc.'s stock ended yesterday's session 1.24% higher at $49.05 with a total trading volume of 461,104 shares, which was above its three months average volume of 455.00 thousand shares. The Company's shares have advanced 12.37 over the previous three months and 52.80% in the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 6.12% and 19.58%, respectively. Additionally, shares of RealPage, which provides software and data analytics for the real estate industry in the US, have an RSI of 56.16.

On January 30th, 2018, research firm Morgan Stanley upgraded the Company's stock rating from 'Equal-Weight' to 'Overweight'. Are you already registered with Wall St. Equities? Do so now for free, and get the report on RP at:

Red Hat

On Wednesday, shares in Raleigh, North Carolina headquartered Red Hat Inc. recorded a trading volume of 1.46 million shares. The stock finished the day 0.10% higher at $128.81. The Company's shares have advanced 63.34% over the last twelve months. The stock is trading above its 50-day and 200-day moving averages by 2.23% and 18.33%, respectively. Furthermore, shares of Red Hat, which provides open source software solutions to develop and offer operating system, virtualization, management, middleware, cloud, mobile, and storage technologies to various enterprises worldwide, have an RSI of 53.08.

On January 24th, 2018, research firm Nomura initiated a 'Buy' rating on the Company's stock, with a target price of $152 per share. Aspiring Member, please take a moment to register below for your free research report on RHT at:


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