NEW YORK, October 6, 2016 /PRNewswire/ --
The Application Software industry from the Technology sector includes companies that are engaged in the creation, licensing, and selling of software for individual and enterprise use. This morning, Stock-Callers.com has initiated research reports on the following equities: Adobe Systems Inc. (NASDAQ: ADBE), LINE Corp. (NYSE: LN), Endurance International Group Holdings Inc. (NASDAQ: EIGI), and Zendesk Inc. (NYSE: ZEN). Download the free research reports on these stocks today http://stock-callers.com/registration
San Jose, California headquartered Adobe Systems Inc.'s shares gained 0.38%, closing Wednesday's trading session at $108.80. The stock recorded a trading volume of 1.85 million shares. Shares of the Company have advanced 5.12% in the last month, 14.36% in the previous three months, and 15.82% on an YTD basis. The stock is trading 6.91% above its 50-day moving average and 15.02% above its 200-day moving average. Additionally, shares of Adobe Systems, which operates as a diversified software company worldwide, have a Relative Strength Index (RSI) of 67.52.
On September 21st, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $115 a share to $116 a share.
On September 26th, 2016, Adobe and Microsoft Corp. announced plans for a strategic partnership to help enterprise companies embrace digital transformation and deliver compelling, personalized experiences through every phase of their customer relationships. Together, the two companies will enable businesses to dramatically strengthen their brands through solutions with Microsoft Azure, Adobe Marketing Cloud, and Microsoft Dynamics 365. See our free and comprehensive research report on ADBE at: http://stock-callers.com/registration/?symbol=ADBE
On Wednesday, shares in Tokyo, Japan-based LINE Corp. recorded a trading volume of 548,773 shares. The stock rose 2.41%, ending the day at $48.39. The Company's shares have advanced 9.83% in the last month and 16.38% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 11.50% and 13.16%, respectively. Furthermore, shares of LINE, which develops and provides platform for mobile messaging and communication services, content distribution, and advertising in Japan and internationally, have an RSI of 62.72. LN free research report PDF is just a click away at: http://stock-callers.com/registration/?symbol=LN
Endurance Intl. Group Holdings
Burlington, Massachusetts headquartered Endurance International Group Holdings Inc.'s stock finished the day 2.97% higher at $9.02 with a total trading volume of 979,661 shares. The Company's shares have gained 10.13% in the last one month and 3.44% in the previous three months. The stock is trading above its 50-day moving average by 10.39%. Additionally, shares of Endurance International, which together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses worldwide, have an RSI of 65.28.
On August 23rd, 2016, Endurance International announced that it has completed the previously announced acquisition of AppMachine, a Netherlands-based technology developer. The addition of AppMachine's mobile development platform to Endurance's suite of solutions will enable small business customers to expand their online presence with ease. Sign up for your complimentary report on EIGI at: http://stock-callers.com/registration/?symbol=EIGI
Shares in San Francisco, California headquartered Zendesk Inc. ended yesterday's session 2.54% lower at $30.35. The stock recorded a trading volume of 421,135 shares. The Company's shares have advanced 11.83% in the previous three months and 14.79% on an YTD basis. The stock is trading 0.25% above its 50-day moving average and 21.78% above its 200-day moving average. Moreover, shares of Zendesk, which provides software as a service customer service platform for organizations, have an RSI of 48.61.
On October 3rd, 2016, Zendesk announced that it is opening an office in India. Former Hewlett Packard Enterprise executive KT Prasad has been hired as Country Sales Director to lead a local team based in Bengaluru. Zendesk has also signed three local partners to support its growth in India: Cloudcover, Powerupcloud and Virtuos. In India, Zendesk already has more than 1,700 paid customer accounts as of the end Q2 2016, growing at a rate of over 40% year over year. Current notable customers in India include Ola, Shaadi.com, OLX and Pharmeasy. Register for free on Stock-Callers.com and download the latest research report on ZEN at: http://stock-callers.com/registration/?symbol=ZEN
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://stock-callers.com/legal-disclaimer/
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA