Application Software Stocks Under Scanner -- Open Text, Imperva, Ellie Mae, and Synchronoss

NEW YORK, March 21, 2017 /PRNewswire/ --

On Monday, March 20, 2017, the NASDAQ Composite ended the trading session at 5,901.53, up 0.01%; the Dow Jones Industrial Average edged 0.04% lower, to finish at 20,905.86; and the S&P 500 closed at 2,373.47, dropping 0.20%. Losses were broad based as six out of nine sectors ended the day in negative. This Tuesday, Stock-Callers.com has initiated reports coverage on the following Application Software equities: Open Text Corporation (NASDAQ: OTEX), Imperva Inc. (NASDAQ: IMPV), Ellie Mae Inc. (NYSE: ELLI), and Synchronoss Technologies Inc. (NASDAQ: SNCR). Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

Open Text

On Monday, shares in Waterloo, Canada headquartered Open Text Corp. ended the session 1.13% lower at $34.08 with a total volume of 414,741 shares traded. Open Text's shares have advanced 0.70% in the last one month and 12.66% in the previous three months. Furthermore, the stock has gained 40.27% in the past one year. Shares of the Company, which provides a suite of software products and services that assist organizations in finding, utilizing, and sharing business information from various devices, are trading at a PE ratio of 7.49. The stock is trading 2.93% above its 50-day moving average and 8.69% above its 200-day moving average. Moreover, the Company's shares have a Relative Strength Index (RSI) of 60.05. Sign up and read the free research report on OTEX at:

http://stock-callers.com/registration/?symbol=OTEX

Imperva

On Monday, shares in Redwood Shores, California headquartered Imperva Inc. recorded a trading volume of 451,883 shares. The stock ended the day 0.36% lower at $40.95. Imperva's stock has gained 8.62% in the past three months. The Company's shares are trading below its 50-day and 200-day moving averages by 2.68% and 4.36%, respectively. Furthermore, shares of Imperva, which engages in the development, market, sale, and support of cyber security solutions that protect business critical data and applications in the cloud or on premises worldwide, have an RSI of 41.09.

On March 14^th, 2017, research firm Monness Crespi & Hardt initiated a 'Buy' rating on the Company's stock, with a target price of $52 per share. The complimentary research report on IMPV can be downloaded at:

http://stock-callers.com/registration/?symbol=IMPV

Ellie Mae

Pleasanton, California headquartered Ellie Mae Inc.'s stock finished Monday's session 0.39% higher at $98.67 with a total volume of 208,600 shares traded. Over the last one month and the previous three months, Ellie Mae's shares have gained 5.17% and 21.80%, respectively. Furthermore, the stock has gained 17.79% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 8.68% and 6.52%, respectively. Shares of Ellie Mae, which provides on-demand software solutions and services for the residential mortgage industry in the US, are trading at a PE ratio of 86.40. In addition, the stock has an RSI of 61.39. Register for free on Stock-Callers.com and access the latest report on ELLI at:

http://stock-callers.com/registration/?symbol=ELLI

Synchronoss

Bridgewater, New Jersey headquartered Synchronoss Technologies Inc.'s stock advanced 1.10%, to close the day at $26.54. The stock recorded a trading volume of 643,062 shares. Synchronoss Technologies' shares are trading 20.97% and 30.37% below its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which provides cloud solutions and software-based activation for connected devices worldwide, have an RSI of 30.84. Get free access to your research report on SNCR at:

http://stock-callers.com/registration/?symbol=SNCR

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