Today’s Free Research Reports Coverage on RealPage and Three More Application Software Stocks
Stock Research Monitor: PRGS, PFPT, and RPD
LONDON, UK / ACCESSWIRE / May 29, 2018 / If you want a free Stock Review on RP sign up now at www.wallstequities.com/registration. Pre-market, WallStEquities.com monitors Progress Software Corp. (NASDAQ: PRGS), Proofpoint Inc. (NASDAQ: PFPT), Rapid7 Inc. (NASDAQ: RPD), and RealPage Inc. (NASDAQ: RP). These companies operate in the global Application Software space, which is a consolidated industry consisting of ERP, CRM, SCM, and business intelligence and analytics. All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Progress Software
Last Friday, Bedford, Massachusetts headquartered Progress Software Corp.'s stock dropped 1.83%, to close the day at $37.09. A total volume of 240,291 shares was traded. The Company's shares have advanced 26.59% over the past year. The stock is trading 3.09% below its 50-day moving average. Additionally, shares of Progress Software, which provides software solutions for various industries worldwide, have a Relative Strength Index (RSI) of 45.34.
On May 08th, 2018, Progress Software announced the addition of conversational UI components for Telerik and Kendo UI, the industry's first packaged set of user interface (UI) components built specifically for chatbots. The components, offered as part of the popular Progress® Telerik® and Progress® Kendo UI® developer tooling, enable .NET and JavaScript developers to create enhanced natural conversational experiences across platforms and devices, on any chatbot framework. Get the full research report on PRGS for free by clicking below at:
www.wallstequities.com/registration/?symbol=PRGS
Proofpoint
Shares in Sunnyvale, California headquartered Proofpoint Inc. saw a slight decline of 0.29%, finishing Friday's session at $122.30. The stock recorded a trading volume of 419,464 shares. The Company's shares have gained 12.74% over the previous three months and 38.74% over the past year. The stock is trading above its 50-day and 200-day moving averages by 1.30% and 20.79%, respectively. Furthermore, shares of Proofpoint, which operates as a SaaS provider that enables large and mid-sized organizations to defend, protect, archive, and govern their sensitive data worldwide, have an RSI of 52.68.
On April 30th, 2018, research firm Imperial Capital reiterated its ‘Outperform' rating on the Company's stock with an increase of the target price from $120 a share to $140 a share.
On May 23rd, 2018, Proofpoint announced that Manish Sarin, Executive Vice President - corporate planning & development, is scheduled to present at the Bank of America Merrill Lynch 2018 Global Technology Conference on June 05th, 2018, at 6:05 p.m. EDT in San Francisco. The Company also announced that Jason Starr, Vice President - investor relations, is scheduled to present at the Baird 2018 Global Consumer, Technology & Services Conference on June 06th, 2018, at 2:00 p.m. EDT in New York. Free research on PFPT can be accessed at:
www.wallstequities.com/registration/?symbol=PFPT
Rapid7
Boston, Massachusetts headquartered Rapid7 Inc.'s stock finished 1.37% lower at $30.16 last Friday at the close. A total volume of 309,710 shares was traded. The Company's shares have advanced 6.05% in the past month, 20.88% in the previous three months, and 68.68% over the past year. The stock is trading above its 50-day and 200-day moving averages by 7.30% and 37.82%, respectively. Additionally, shares of Rapid7, which provides analytics solutions for security and information operations, have an RSI of 55.14.
On May 09th, 2018, Rapid7 announced that its management will present at the following investor conferences: (i) Cowen Technology, Media and Telecom Conference on May 31st, 2018, at 9:40 a.m. ET in New York; (ii) Stifel Cross Sector Insight Conference on June 11th, 2018, at 4:45 p.m. ET in Boston, Massachusetts; and (iii) William Blair Growth Stock Conference on June 14th, 2018, at 10:00 a.m. CT in Chicago, Illinois.
On May 10th, 2018, research firm Needham reiterated its ‘Buy' rating on the Company's stock with an increase of the target price from $33 a share to $37 a share. Visit WallStEquities.com now and sign up for the free research on RPD at:
www.wallstequities.com/registration/?symbol=RPD
RealPage
Richardson, Texas headquartered RealPage Inc.'s shares ended the session 1.11% higher at $59.20. The stock recorded a trading volume of 804,127 shares, which was above its three months average volume of 568,920 shares. Shares of the Company have advanced 10.24% in the last month, 16.19% over the previous three months, and 70.85% over the past year. The stock is trading 7.79% above its 50-day moving average and 24.98% above its 200-day moving average. Moreover, shares of RealPage, which provides software and data analytics for the real estate industry in the US, have an RSI of 61.33.
On May 24th, 2018, RealPage announced the pricing of the Company's follow-on public offering of 7,000,000 shares of its common stock at a price of $57.00 per share, before underwriting discounts. In addition, the Company has granted the underwriters a 30-day option to purchase up to 1,050,000 additional shares of its common stock. The offering is expected to close on or about May 29th, 2018, subject to satisfaction of customary closing conditions. The free technical report on RP is available at:
www.wallstequities.com/registration/?symbol=RP
Wall St. Equities:
Wall St. Equities (WSE) 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. WSE 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.
WSE 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 info@wallstequities.com. 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 WSE. WSE 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
WSE, 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. WSE, 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, WSE, 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 WSE 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
https://wallstequities.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@wallstequities.com
Phone number: 21 32 044 483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Wall St. Equities
