What's Happening With These Application Software Stocks? -- Inpixon, My Size, Veritone, and Cornerstone on Demand
NEW YORK, November 29, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on INPX, MYSZ, VERI, and CSOD which is a click away at http://www.wallstequities.com/registration. Ahead of today's trading session, WallStEquities.com takes a closer look at these four stocks: Inpixon (NASDAQ: INPX), My Size Inc. (NASDAQ: MYSZ), Veritone Inc. (NASDAQ: VERI), and Cornerstone OnDemand Inc. (NASDAQ: CSOD). These companies operate in the global Application Software space, which is a consolidated industry consisting of ERP, CRM, SCM, and business intelligence and analytics. See what Wall St. Equities' research desk has to say about these stocks, join our members and enjoy of your free research reports at:
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Inpixon
On Tuesday, shares in Palo Alto, California headquartered Inpixon jumped 9.37%, ending the day at $0.42. The stock recorded a trading volume of 5.06 million shares, which was above its three months average volume of 3.16 million shares. The Company's shares have surged 85.84% over the previous three months. The stock is trading above its 50-day moving average by 12.42%. Moreover, shares of Inpixon, which through its subsidiaries, provides data analytics and location based solutions and services to commercial and government customers worldwide, have a Relative Strength Index (RSI) of 56.06.
On November 20th, 2017, Inpixon reported its results for the three months ended September 30th, 2017. Net revenues for Q3 2017 were $11.9 million; gross profit margin was 19%; and net loss was $14.6 million. Pro-forma non-GAAP net loss for the quarter was $0.46 per share, and adjusted EBITDA was a loss of $3.1 million. Looking for insightful coverage on INPX sign up for free at:
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My Size
Shares in Airport City, Israel-based My Size Inc. ended the day 0.96% lower at $0.69 with a total trading volume of 213,285 shares. The stock is trading below its 50-day moving average by 7.87%. Shares of the Company, which engages in the development of applications for apparel businesses, have an RSI of 45.08.
On November 21st, 2017, My Size announced that the SizeUp "Measurement from the Air" application has become available on 15 more smartphone models, for a total of 33 smartphone models. The app has over 530,000 downloads to date. It is currently available for download for both the iOS operating system and Android system, and new users can enjoy a free, 30-day trial period. Today's complimentary research report on MYSZ is accessible at:
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Veritone
At the close of trading on Tuesday, shares in Newport Beach, California headquartered Veritone Inc. finished 23.53% higher at $27.51. A total volume of 2.96 million shares was traded, which was above their three months average volume of 888,690 shares. The stock has surged 82.91% over the previous three months and 110.48% on an YTD basis. The Company's shares are trading above their 200-day moving average by 28.12%. Additionally, shares of Veritone, which develops a proprietary artificial intelligence platform for various markets in the US and internationally, have an RSI of 46.44.
On November 21st, 2017, Veritone announced the closing of an underwritten public offering of 975,000 shares of its common stock at a public offering price of $23.00 per share. The Company has also granted the underwriters a 30-day option to purchase up to an additional 146,250 shares of its common stock to cover over allotments, if any. Register now for your free research document on VERI at:
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Cornerstone OnDemand
Santa Monica, California headquartered Cornerstone OnDemand Inc.'s shares recorded a trading volume of 810,369 shares at the end of yesterday's session, which was above their three months average volume of 699,190 shares. The stock closed the day 0.03% higher at $37.27. The Company's shares have advanced 6.02% in the previous three months. The stock is trading below its 200-day moving average by 2.06%. Additionally, shares of Cornerstone OnDemand, which together with its subsidiaries, provides human capital management software through software-as-a-service model worldwide, have an RSI of 48.51.
On November 09th, 2017, research firm Piper Jaffray downgraded the Company's stock rating from 'Overweight' to 'Neutral'.
On November 13th, 2017, Cornerstone OnDemand announced that its management will present at the Credit Suisse TMT Conference on Wednesday, November 29th, 2017, at 11:30 a.m. MT at The Phoenician in Scottsdale, Arizona. Management will also present at the Wells Fargo Technology Conference on December 05th, 2017, at 11:00 a.m. MT at St. Regis Deer Valley in Park City, Utah. An audio webcast of both presentations will be available on the Company's investor relations website. Click on the link below and see our free report CSOD at:
http://www.wallstequities.com/registration/?symbol=CSOD
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