How These Application Software Stocks are Performing? -- Salesforce.com, Rubicon Project, Workday, and Synchronoss Technologies
NEW YORK, June 19, 2017 /PRNewswire/ --
On Friday, June 16, 2017, the Dow Jones Industrial Average and the S&P 500 edged 0.11% and 0.03% higher, respectively at the closing bell, while the NASDAQ Composite stayed bearish, finishing marginally lower by 0.22%. Seven out of nine sectors ended last Friday's trading session in bullish territories. Taking into consideration last Friday's market sentiment, DailyStockTracker.com assessed the following Application Software equities this morning: Salesforce.com inc. (NYSE: CRM), the Rubicon Project Inc. (NYSE: RUBI), Workday Inc. (NYSE: WDAY), and Synchronoss Technologies Inc. (NASDAQ: SNCR). Learn more about these stocks by registering for free on DailyStockTracker.com and accessing the complimentary research reports at:
San Francisco, California headquartered Salesforce.com inc.'s stock saw a slight decline of 0.31%, finishing last Friday's trading session at $86.00. A total volume of 8.00 million shares was traded, which was above their three months average volume of 4.57 million shares. The Company's shares have gained 3.58% over the previous three months and 25.62% since the start of this year. The stock is trading above its 200-day moving average by 9.23%. Additionally, shares of Salesforce.com, which develops enterprise cloud computing solutions with a focus on customer relationship management, have a Relative Strength Index (RSI) of 39.84.
On May 19th, 2017, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $100 a share to $105 a share. See our free and comprehensive research report on CRM at:
Shares in the Los Angeles, California headquartered Rubicon Project Inc. ended at $5.55, up 0.36% from the last trading session. The stock recorded a trading volume of 435,035 shares. The Company's shares have advanced 1.65% in the past month. The stock is trading 1.23% above its 50-day moving average. Moreover, shares of Rubicon Project, which engages in automating the purchasing and selling of advertising, have an RSI of 56.92. RUBI free research report PDF is just a click away at:
On Friday, shares in Pleasanton, California headquartered Workday Inc. recorded a trading volume of 1.51 million shares. The stock rose 0.12%, closing the day at $98.39. The Company's shares have gained 4.95% in the last one month, 15.81% over the previous three months, and 48.7% on an YTD basis. The stock is trading 6.50% above its 50-day moving average and 15.44% above its 200-day moving average. Additionally, shares of Workday, which provides enterprise cloud applications for finance and human resources worldwide, have an RSI of 54.01.
On June 02nd, 2017, research firm Wedbush reiterated its 'Neutral' rating on the Company's stock with an increase of the target price from $96 a share to $101 a share. Sign up for your complimentary report on WDAY at:
At the close of trading on Friday, shares in Bridgewater, New Jersey headquartered Synchronoss Technologies Inc. recorded a trading volume of 1.53 million shares. The stock finished the session 0.92% lower at $10.81. The Company's shares are trading below their 50-day moving average by 36.03%. Furthermore, shares of Synchronoss Technologies, which provides cloud solutions and software-based activation for connected devices worldwide, have an RSI of 23.71.
On May 22nd, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Neutral' to 'Underperform'. Register for free on DailyStockTracker.com and download the latest research report on SNCR at:
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