NEW YORK, February 27, 2017 /PRNewswire/ --
The Application Software industry is involved in the creation, licensing, and sale of software used for various purposes, including personal and enterprise. Many companies in this category also sell complementary hardware, and are usually structured as corporations. Pre-market, Stock-Callers.com scans the recent performances of these four stocks: Mobileye N.V. (NYSE: MBLY), Workday Inc. (NYSE: WDAY), Cadence Design Systems Inc. (NASDAQ: CDNS), and Splunk Inc. (NASDAQ: SPLK). Learn more about these stocks by downloading their comprehensive and free reports at:
Jerusalem, Israel headquartered Mobileye N.V.'s shares finished Friday's session 2.20% lower at $47.08. A total volume of 8.55 million shares was traded, which was above their three months average volume of 3.55 million shares. The stock has gained 6.83% in the last month, 20.84% over the previous three months, and 23.50% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 14.46% and 13.40%, respectively. Moreover, shares of Mobileye, which together with its subsidiaries, develops computer vision and machine learning, data analysis, and localization and mapping for advanced driver assistance systems and autonomous driving technologies primarily in Israel, have a Relative Strength Index (RSI) of 70.00.
On February 22nd, 2017, Mobileye reported that total revenue for Q4 2016 was $104.6 million, compared to $71.8 million in Q4 2015. The Company's GAAP net income for Q4 2016 was $32.6 million, or $0.14 per diluted share, compared to GAAP net income of $18.8 million, or $0.08 per diluted share, for Q4 2015.
On February 23rd, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $51 a share to $57 a share. MBLY complete research report is just a click away and free at:
Shares in Workday Inc. ended the day 1.67% higher at $89.66. A total volume of 2.32 million shares was traded, which was above their three months average volume of 2.25 million shares. The stock has advanced 5.82% in the last month, 7.83% in the previous three months, and 35.66% since the start of this year. The Company's shares are trading 14.35% and 10.68% above their 50-day and 200-day moving averages, respectively. Moreover, shares of Workday, which provides enterprise cloud applications for finance and human resources in the US and internationally, have an RSI of 74.08.
On February 14th, 2017, Workday announced that it will report its Q4 and full year fiscal 2017 results after market close on February 27th, 2017. The Company will host a conference call at 5:00 p.m. ET to review financial results and business outlook.
On February 17th, 2017, research firm Piper Jaffray upgraded the Company's stock rating from 'Neutral' to 'Overweight'. The complimentary report on WDAY can be downloaded at:
Cadence Design Systems
San Jose, California headquartered Cadence Design Systems Inc.'s stock rose 1.66%, closing the session at $31.29. A total volume of 1.94 million shares was traded, which was above their three months average volume of 1.89 million shares. The Company's shares have gained 19.15% in the last one month, 16.88% in the previous three months, and 24.07% on an YTD basis. The stock is trading 15.83% above its 50-day moving average and 22.40% above its 200-day moving average. Additionally, shares of Cadence Design Systems, which provides electronic design automation software, emulation and prototyping hardware, system interconnect, and analysis worldwide, have an RSI of 84.56.
On February 09th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $30 a share to $33 a share.
On February 23rd, 2017, Cadence Design and Waves Audio Ltd, the world-leading developer of audio DSP technologies, announced the availability of the Waves Nx Virtual Reality Audio Technology on the Cadence® Tensilica® HiFi 3 DSP for Audio, Voice, and Speech. Sign up for your complimentary research report on CDNS at:
On Friday, shares in San Francisco, California headquartered Splunk Inc. finished the session 3.24% lower at $62.80. A total volume of 4.66 million shares was traded, which was above their three months average volume of 1.87 million shares. The stock has gained 7.19% in the last month, 5.07% over the previous three months, and 22.78% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 9.75% and 8.28%, respectively. Furthermore, shares of Splunk, which provides software solutions that, enable organizations to gain real-time operational intelligence in the US and internationally, have an RSI of 61.18.
On January 27th, 2017, research firm Argus initiated a 'Hold' rating on the Company's stock. Get free access to your research report on SPLK at:
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