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:
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