Stock Research Monitor: CSOD, APPS, and DCAR
LONDON, UK / ACCESSWIRE / June 4, 2018 / If you want a free Stock Review on DBX sign up now at www.wallstequities.com/registration. WallStEquities.com has initiated research coverage on Cornerstone OnDemand Inc. (NASDAQ: CSOD), Digital Turbine Inc. (NASDAQ: APPS), Dropbox Inc. (NASDAQ: DBX), and DropCar Inc. (NASDAQ: DCAR). These companies are part of 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.
Last Friday, Santa Monica, California headquartered Cornerstone OnDemand Inc.'s stock climbed 2.97%, to close the day at $50.95. A total volume of 964,215 shares was traded, which was above their three months average volume of 589,850 shares. The Company's shares have advanced 14.14% in the last month, 19.04% in the previous three months, and 31.35% over the past year. The stock is trading 15.27% above its 50-day moving average and 27.94% above its 200-day moving average. Additionally, shares of Cornerstone OnDemand, which together with its subsidiaries, provides learning and human capital management software through software-as-a-service model worldwide, have a Relative Strength Index (RSI) of 75.71.
On May 15th, 2018, research firm Needham reiterated its ‘Strong Buy' rating on the Company's stock with an increase of the target price from $55 a share to $60 a share.
On May 31st, 2018, Cornerstone OnDemand announced that it has been named as a Leader in the 2018 NelsonHall NEAT Next Generation HCM Technology Vendor Evaluation for the mid- to large-market client segment. NelsonHall is the industry's leading business process outsourcing analyst firm. Get the full research report on CSOD for free by clicking below at:
Shares in Austin, Texas headquartered Digital Turbine Inc. saw a decline of 2.69%, finishing Friday's session at $1.81. The stock recorded a trading volume of 623,334 shares. The Company's shares have gained 4.62% in the last month and 70.75% over the past year. The stock is trading above its 50-day and 200-day moving averages by 0.03% and 2.39%, respectively. Furthermore, shares of Digital Turbine, which through its subsidiaries, provides media and mobile communication solutions for mobile operators, app advertisers, device original equipment manufacturers, and other third parties worldwide, have an RSI of 54.43.
On May 31st, 2018, Digital Turbine announced that CEO Bill Stone and CFO Barrett Garrison will host a conference call and webcast on June 12th, 2018, at 4:30 p.m. ET to discuss the Company's Q4 FY18 and FY18 financial results and operating progress. The live and archived webcast of the call can be accessed under the Investor Relations section of the Company's website. Free research on APPS can be accessed at:
San Francisco, California headquartered Dropbox Inc.'s stock finished 1.13% lower at $29.65 last Friday at the close. A total volume of 2.30 million shares was traded. The Company's shares are trading below their 50-day moving average by 1.99%. Additionally, shares of Dropbox, which provides a collaboration platform worldwide, have an RSI of 45.84.
On May 10th, 2018, Dropbox announced the results for its first fiscal quarter ended March 31st, 2018. Total revenue for the quarter was $316.3 million, GAAP gross margin was 61.9%, and GAAP operating margin was (147.3%). GAAP net loss for Q1 2018 was ($465.5) million, and net cash provided by operating activities was $61.8 million. Cash, cash equivalents, and short-term investments were $846.0 million at the end of the first quarter.
On May 11th, 2018, research firm Canaccord Genuity reiterated its ‘Buy' rating on the Company's stock with an increase of the target price from $35 a share to $36 a share. Visit WallStEquities.com now and sign up for the free research on DBX at:
New York-based DropCar Inc.'s shares ended the session 2.55% higher at $1.61. The stock recorded a trading volume of 129,510 shares. Shares of the Company are trading 13.60% below their 50-day moving average. Moreover, shares of DropCar, which provides app-based automotive logistics and mobility services for consumers and the automotive industry, have an RSI of 43.86.
On May 23rd, 2018, DropCar announced that it has expanded to San Francisco. The initial focus in the city will be on vehicle movements and logistics for a Tier One car sharing partner. In San Francisco, the Company will be marketing its Enterprise Vehicle Assistance and Logistics platform to auto dealerships, car rental companies, and car sharing brands. The free technical report on DCAR is available at:
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