Progress Software Corp. Enters Oversold Territory


Progress Software Corp. ’s (PRGS) share price has entered into oversold territory with a stochastic value of 6.7671. The Zacks Consensus Estimate on the company’s earnings for year ending November 2012 increased by a cent over the past two months to $1.02 per share. Progress Software Corp. is a Zacks #1 Rank (“ Strong Buy”) company.


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