NEW YORK, January 12, 2017 /PRNewswire/ --
In today's pre-market research, Stock-Callers.com presents the following Application Software equities for review: Innoviva Inc. (NASDAQ: INVA), Proofpoint Inc. (NASDAQ: PFPT), Manhattan Associates Inc. (NASDAQ: MANH), and NQ Mobile Inc. (NYSE: NQ). These companies belong to the Technology sector which traded near its best levels in late trade on Wednesday, January 11th, 2017, with shares of Tech companies in the S&P 500 increasing about 0.4%. Register now and get full and free access to our downloadable research reports on these stocks at:
Shares in South San Francisco, California headquartered Innoviva Inc. ended Wednesday's trading session flat at $11.50. The stock recorded a trading volume of 1.13 million shares, which was above its three months average volume of 1.01 million shares. The Company's shares have gained 6.28% in the last one month, 12.86% in the previous three months, and 7.48% since the start of this year. The stock is trading 7.61% and 1.27% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Innoviva, which engages in the development and commercialization of bio-pharmaceuticals, have a Relative Strength Index (RSI) of 64.71.
On December 19th, 2016, GlaxoSmithKline PLC and Innoviva announced the start of a phase III study investigating the effects of once-daily closed triple combination therapy fluticasone furoate/umeclidinium/vilanterol (FF/UMEC/VI) when compared to therapy with the once-daily dual combination therapy, Relvar/Breo® (FF/VI), as a treatment for patients with asthma. Access our complete research report on INVA for free at:
Sunnyvale, California headquartered Proofpoint Inc.'s stock rose 2.76%, closing the day at $80.42 with a total trading volume of 440,074 shares. The Company's shares have advanced 11.29% in the last month, 13.24% in the previous three months, and 13.83% on an YTD basis. The stock is trading 5.38% above its 50-day moving average and 17.03% above its 200-day moving average. Additionally, shares of Proofpoint, which provides threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery, and secure communication solutions worldwide, have an RSI of 66.21.
On January 05th, 2017, Proofpoint announced it will issue a press release reporting financial results for the Q4 and FY16 after the close of the market on January 26th, 2017. Proofpoint will host a conference call and live webcast to discuss those financial results for investors and analysts at 4:30 p.m. ET on January 26th, 2017.
Yesterday, research firm Wells Fargo initiated an 'Outperform' rating on the Company's stock. The complimentary research report on PFPT can be downloaded at:
On Wednesday, shares in Atlanta, Georgia headquartered Manhattan Associates Inc. recorded a trading volume of 506,387 shares, and ended the day 0.18% higher at $50.10. The stock is trading below its 50-day moving average by 4.72%. Shares of the Company, which develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations for retailers, wholesalers, manufacturers, logistics providers, and other organizations, have an RSI of 37.03.
On January 05th, 2017, Manhattan Associates announced that it will release its Q4 2016 financial results on January 31st, 2017, after the stock market closes. The press release will be followed by a conference call hosted by Manhattan Associates' senior management at 4:30 p.m. EST on the same day
On January 09th, 2017, research firm Raymond James downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Register for free on Stock-Callers.com and get access to the latest PDF format report on MANH at:
Beijing, the People's Republic of China headquartered NQ Mobile Inc.'s stock climbed 2.11%, finishing yesterday's session at $3.38 with a total trading volume of 217,841 shares. The Company's shares have advanced 2.74% in the last one month and 4.97% on an YTD basis. The stock is trading above its 50-day moving average by 1.61%. Additionally, shares of NQ Mobile, which provides mobile Internet services in the People's Republic of China and internationally, have an RSI of 56.90.
On November 30th, 2016, NQ Mobile reported net revenues of $91.1 million for Q3 2016, a 3.6% y-o-y increase from Q3 2015. The Company stated that Mobile Value Added Services' revenues reached a record level of $54.9 million, a 74.6% y-o-y increase from Q3 2015. GAAP operating loss for Q3 2016 was $3.3 million compared to GAAP operating income of $0.2 million in Q3 2015. GAAP net loss attributed to NQ Mobile for Q3 2016 was $9.0 million, or $0.09 per fully diluted ADS, after deducting $6.3 million in net income attributed to non-controlling interest primarily due to the FL Mobile Divestment, compared to $2.5 million in the same period a year ago. Download your free research report on NQ at:
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