NEW YORK, April 24, 2017 /PRNewswire/ --
On Friday, April 21, 2017, US markets saw broad based losses with seven out of nine sectors finishing the trading sessions in red. Major US indices were also bearish at the close of last Friday's session. The NASDAQ Composite ended the day at 5,910.52, down 0.11%; the Dow Jones Industrial Average edged 0.15% lower, to finish at 20,547.76; and the S&P 500 closed at 2,348.69, down 0.30%. This Monday morning, Stock-Callers.com looks at the performance of these four Application Software stocks: Cheetah Mobile Inc. (NYSE: CMCM), RingCentral Inc. (NYSE: RNG), Synaptics Inc. (NASDAQ: SYNA), and Endurance International Group Holdings Inc. (NASDAQ: EIGI). You can access our complimentary research reports on these stocks now at:
Beijing, China headquartered Cheetah Mobile Inc.'s stock finished Friday's session 0.84% higher at $10.83 with a total volume of 288,747 shares traded. Cheetah Mobile's shares have gained 8.19% in the past three months. Shares of the Company, which operates a platform that offer mobile and personal computer applications for users and global content distribution channels in China, are trading above its 50-day moving average by 2.02%. Cheetah Mobile's stock has a Relative Strength Index (RSI) of 53.71. Visit us today and download your complete report on CMCM for free at:
Belmont, California headquartered RingCentral Inc.'s stock edged 0.84% lower, to close the day at $29.35. The stock recorded a trading volume of 485,465 shares. RingCentral's shares have gained 9.51% in the last one month, 28.45% in the previous three months and 59.34% in the past one year. Shares of the Company, which provides software-as-a-service solutions for business communications in the US and internationally, are trading 9.74% and 25.26% above its 50-day and 200-day moving averages, respectively. Additionally, the stock has an RSI of 68.42.
On April 11th, 2017, research firm Morgan Stanley upgraded the Company's stock rating from 'Equal-Weight' to 'Overweight'. The complimentary research report on RNG can be accessed at:
On Friday, shares in San Jose, California headquartered Synaptics Inc. ended the session 0.67% lower at $50.76 with a total volume of 674,808 shares traded. Synaptics' shares have advanced 4.00% in the past one month. Shares of the Company, which develops, markets, and sells intuitive human interface solutions for electronic devices and products worldwide, are trading at a PE ratio of 46.74. The stock is trading 2.30% below its 50-day moving average and 8.06% below its 200-day moving average. Moreover, the Company's shares have an RSI of 48.63.
On April 07th, 2017, research firm Needham upgraded the Company's stock rating from 'Hold' to 'Buy', with a target price of $60 per share. Register for free on Stock-Callers.com and download the PDF research report on SYNA at:
On Friday, shares in Burlington, Massachusetts headquartered Endurance International Group Holdings Inc. recorded a trading volume of 355,897 shares. The stock ended the day 1.41% higher at $7.20. The Company's shares are trading below its 50-day and 200-day moving averages by 9.84% and 11.48%, respectively. Furthermore, shares of Endurance International Group, which together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses worldwide, have an RSI of 37.72. Get free access to your research report on EIGI at:
Stock Callers (SC) 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. SC 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.
SC 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 firstname.lastname@example.org. 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 SC. SC 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.
SC, 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. SC, 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, SC, 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 SC 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
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:
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA