NEW YORK, July 11, 2017 /PRNewswire/ --
If you want a Stock Review on ORCL, RHT, TWLO or ZEN then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has initiated coverage on Oracle Corp. (NYSE: ORCL), Red Hat Inc. (NYSE: RHT), Twilio Inc. (NYSE: TWLO), and Zendesk Inc. (NYSE: ZEN). These Application Software companies operate in the Information Technology sector, which has received an "Outperform" rating from Charles Schwab on July 06th, 2017. As per the research firm, companies likely have underinvested in technology upgrades during the past few years, and may be poised to increase their investment in information technology, which could boost the sector. Also, technology companies' balance sheets are strong, which could support mergers and other activities that enhance earnings. Additionally, business confidence has improved, and the potential for cash repatriation could provide a boost to the sector. Learn more about these stocks by downloading their comprehensive and free reports from DailyStockTracker.com member's area at:
On Monday, shares in Redwood City, California headquartered Oracle Corp. rose 0.55%, ending the day at $49.62. The stock recorded a trading volume of 10.10 million shares. The Company's shares have advanced 9.25% in the last one month, 12.03% over the previous three months, and 29.05% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 7.24% and 17.75%, respectively. Moreover, shares of Oracle, which develops, manufactures, markets, sells, hosts, and supports application, platform, and infrastructure technologies for information technology (IT) environments worldwide, have a Relative Strength Index (RSI) of 63.45.
On July 05th, 2017, research firm KeyBanc Capital Markets upgraded the Company's stock rating from 'Sector Weight' to 'Overweight'.
On July 06th, 2017, Oracle and the MIT Technology Review, an independent media company founded at the Massachusetts Institute of Technology, released a new study that highlights the importance of collaboration between finance and human resources (HR) teams with a unified cloud. The study, Finance and HR: The Cloud's New Power Partnership, outlines how a holistic view into finance and HR information, delivered via cloud technology, empowers organizations to better manage continuous change. ORCL complete research report is just a click away at:
Shares in Raleigh, North Carolina headquartered Red Hat Inc. ended the day 0.73% higher at $97.25 with a total trading volume of 1.08 million shares. In the last month and the previous three months, the stock has gained 5.76% and 14.53%, respectively. Additionally, the Company's shares have advanced 39.53% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 7.15% and 18.40%, respectively. Furthermore, shares of Red Hat, which provides open source software solutions to develop and offer operating system, virtualization, management, middleware, cloud, mobile, and storage technologies to various enterprises worldwide, have an RSI of 61.58.
On June 23rd, 2017, research firm Piper Jaffray initiated a 'Neutral' rating on the Company's stock, with a target price of $100 per share.
On June 28th, 2017, Red Hat announced the opening of its new facility in the Seaport District of Boston. The space is home to the Company's state-of-the-art Global Executive Briefing Center, a new Red Hat Engineering Lab, and the first US east coast location for Red Hat Open Innovation Labs. The 40,000-square-foot facility is the Company's second location in the greater Boston area, and complements its worldwide engineering and product headquarters located in Westford, Mass. The complimentary report on RHT can be downloaded at:
At the close of trading on Monday, shares in San Francisco, California headquartered Twilio Inc. finished 1.13% higher at $28.75 with a total trading volume of 776,483 shares. The stock has advanced 12.79% in the last one month and 2.06% over the previous three months. The Company's shares are trading above their 50-day moving average by 7.99%. Additionally, shares of Twilio, which provides cloud communications platform that enables developers to build, scale, and operate communications within software applications through the cloud as a pay-as-you-go service in the US and internationally, have an RSI of 60.95. Sign up for your complimentary research report on TWLO at:
San Francisco, California headquartered Zendesk Inc's shares recorded a trading volume of 460,056 shares at the end of yesterday's session. The stock closed the day 0.54% lower at $27.88. The Company's shares have advanced 1.94% in the past month, 2.69% in the previous three months, and 31.51% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.31% and 6.98%, respectively. Additionally, shares of Zendesk, which provides software-as-a-service products for organizations, have an RSI of 53.48. Get free access to your research report on ZEN at:
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