NEW YORK, March 13, 2017 /PRNewswire/ --
Stock-Callers.com today has uncovered research reports on four Application Software equities, which are Endurance International Group Holdings Inc. (NASDAQ: EIGI), the Rubicon Project Inc. (NYSE: RUBI), LINE Corp. (NYSE: LN), and NQ Mobile Inc. (NYSE: NQ). According to Keith Weiss, Morgan Stanley's lead analyst for the Software sector, strong demand, positive margin trends and reasonable valuations could set the stage for a recovery in the sector, particularly for companies with strong secular growth stories. You can access our complimentary research reports on these stocks now at:
Burlington, Massachusetts headquartered Endurance International Group Holdings Inc.'s stock finished last Friday's session flat at $7.95 with a total trading volume of 365,919 shares. The Company's shares are trading below their 50-day moving average by 4.50. Shares of the Company, which together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses worldwide, have a Relative Strength Index (RSI) of 41.30.
On February 21st, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Equal-Weight' to 'Underweight'.
On March 09th, 2017, Constant Contact, an Endurance International Company, announced the launch of its email marketing services in India. Constant Contact aims to support this market fully and help small businesses in India build successful, lasting customer relationships. Visit us today and download your complete report on EIGI for free at:
On Friday, shares in Los Angeles, California headquartered Rubicon Project Inc. ended the session 1.52% higher at $8.70. The stock recorded a trading volume of 347,573 shares. The Company's shares have gained 7.94% in the last one month, 8.89% in the previous three months, and 17.25% on an YTD basis. The stock is trading 5.03% above its 50-day moving average. Moreover, shares of Rubicon Project, which engages in automating the buying and selling of advertising, have an RSI of 56.21.
On February 27th, 2017, Rubicon Project announced that it has named Khoi Nguyen as Vice President, Product Management for Video. In this newly formed role Nguyen will be tasked with defining the direction of video advertising at Rubicon Project. The former OpenX and Google video product leader will oversee both strategic and tactical measures for Rubicon Project's video business unit and will be tasked with building the framework for future video product developments for the Company. The complimentary research report on RUBI can be accessed at:
Tokyo, Japan-based LINE Corp.'s shares gained 0.26%, closing the session at $35.03 with a total trading volume of 217,456 shares. The stock has gained 10.61% in the last one month and 3.00% on an YTD basis. The Company's shares are trading 4.06% above their 50-day moving average. Additionally, shares of LINE, which develops and provides platform for mobile messaging and communication services, content distribution, and advertising in Japan and internationally, have an RSI of 60.84. Register for free on Stock-Callers.com and download the PDF research report on LN at:
Last Friday at the close, shares in Beijing, the People's Republic of China headquartered NQ Mobile Inc. recorded a trading volume of 192,989 shares. The stock ended the session 2.65% higher at $3.88. The Company's shares have advanced 17.93% over the previous three months and 20.50% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.28% and 4.09%, respectively. Furthermore, shares of NQ Mobile, which provides mobile Internet services in the People's Republic of China and internationally, have an RSI of 54.14.
On January 23rd, 2017, NQ Mobile announced that the Company had entered into a non-binding letter of intent with an investor group consisting of Dr. Vincent Wenyong Shi, the Chairman and Chief Operating Officer of the Company, and a private equity investment fund. Pursuant to the terms of the Letter, which are indicative only, the Company will sell all of its equity interests in FL Mobile Jiutian Technology Co., Ltd to the Investor Group to complete the FL Mobile Divestment. The Company will also sell a live social video business to the Investor Group. The Investor Group will invest US$100 million in the Company by subscribing to class A common shares issued by the Company at the price of US$1.05 per share, or US$5.25 per ADS. Get free access to your research report on NQ at:
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