Quotidian Technical Highlights on Selected Application Software Stocks -- Synchronoss Technologies, NIC Inc., RealPage, and Open Text
NEW YORK, Dec. 18, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on SNCR, EGOV, RP, and OTEX which is a click away at www.wallstequities.com/registration. Featured on WallStEquities.com is the Application Software industry, which includes companies that create, license, and sell software for a variety of uses. These software makers are usually structured as corporations, and offer average dividend yields. Equities under review this morning are: Synchronoss Technologies Inc. (NASDAQ: SNCR), NIC Inc. (NASDAQ: EGOV), RealPage Inc. (NASDAQ: RP), and Open Text Corp. (NASDAQ: OTEX). Wall St. Equities has a wide array of free research reports which include today's stock picks, register now to access them at:
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Synchronoss Technologies
New Jersey headquartered Synchronoss Technologies Inc.'s shares recorded a trading volume of 2.75 million shares last Friday, which was above their three months average volume of 2.15 million shares. The stock finished the trading session 1.92% higher at $9.03. The Company's shares are trading below their 50-day moving average by 18.50%. Furthermore, shares of Synchronoss Technologies, which provides cloud solutions and software-based activation for connected devices worldwide, have a Relative Strength Index (RSI) of 33.53.
On December 06th, 2017, Synchronoss Technologies announced that it has received a letter from the Hearings Department of The Nasdaq Stock Market ("NASDAQ"), granting the Company's request to extend the stay of suspension pending a hearing before the NASDAQ Hearings Panel (the "Panel") in late January 2018, and issuance of a final Panel decision. Follow the link below to your free research report on SNCR at:
www.wallstequities.com/registration/?symbol=SNCR
NIC Inc.
On Friday, Kansas-based NIC Inc.'s stock ended the session 1.38% higher at $18.35. A total volume of 8.49 million shares was traded, which was above their three months average volume of 555,290 shares. The Company's shares have gained 16.14% in the last one month and 9.23% over the previous three months. The stock is trading 9.49% above its 50-day moving average. Moreover, shares of NIC, which together with its subsidiaries, provides digital government services that enable governments to use technology to provide various services to businesses and citizens in the US, have an RSI of 67.24.
On November 22nd, 2017, Alabama Interactive, a wholly owned subsidiary of NIC Inc., announced that the state of Alabama received international recognition for its website, Alabama.gov, by the W3 and Davey Award Competitions. The website was presented with a silver award in both competitions, highlighting the site's user-friendly design in the government category. This is the third consecutive year that the website has been recognized by both competitions. The free technical report on EGOV can be accessed at:
www.wallstequities.com/registration/?symbol=EGOV
RealPage
Texas headquartered RealPage Inc.'s stock ended the day 3.41% higher at $45.55. A total volume of 612,676 shares was traded, which was above their three months average volume of 507,670 shares. The Company's shares have gained 5.07% in the last month, 14.88% over the previous three months, and 51.83% on an YTD basis. The stock is trading 4.43% and 16.72% above its 50-day and 200-day moving averages, respectively. Additionally, shares of RealPage have an RSI of 59.83.
On November 20th, 2017, research firm Morgan Stanley initiated an 'Equal-Weight' rating on the Company's stock.
On December 04th, 2017, RealPage (RP) announced the closing of its acquisition of the assets related to the Lease Rent Options (LRO) business from The Rainmaker Group. Steve Winn, Chairman and CEO of RP, said, "Once integrated, YieldStar®, LRO and Axiometrics are expected to form the industry's most comprehensive suite of solutions for precision data analytics and asset optimization for rental housing assets." The acquisition purchase price of $300 million in cash is subject to working capital adjustments and post-acquisition indemnification claims. Sign up for free on Wall St. Equities and claim the latest report on RP at:
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Open Text
Shares in Canada headquartered Open Text Corp. recorded a trading volume of 714,803 shares, which was above their three months average volume of 512,250 shares. The stock ended Friday's session 0.30% lower at $32.79. The Company's shares have gained 2.02% over the previous three months and 6.10% since the start of this year. The stock is trading slightly below its 200-day moving average by 0.57%. Furthermore, shares of Open Text have an RSI of 47.70.
On November 22nd, 2017, research firm Macquarie downgraded the Company's stock rating from 'Neutral' to 'Underperform'.
On December 04th, 2017, Open Text announced that it would seek to grow its employee base in India, hiring computer and software engineers in both Hyderabad and Bengaluru. The Company has also announced the opening of a new, 140,000-square-foot office in Bengaluru. See the free research coverage on OTEX at:
www.wallstequities.com/registration/?symbol=OTEX
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