Progress Software Corporation Enters Oversold Territory

Zacks

Progress Software Corporation’s (PRGS) share price has entered into oversold territory with an RSI value of 23.2. The Zacks Consensus Estimate on Progress Software Corporation’s earnings for the full year period has profit of 0.03 cents over the past two months to $0.93 per share. Currently, Progress Software Corporation is a Zacks #2 Rank (“Buy”), suggesting that now might be a good time to get in on (PRGS) after its recent drop.



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