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Application Software Stocks Technical Reports -- Adobe Systems, LINE, Endurance Intl., and Zendesk

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, 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

Adobe Systems  

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:


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:

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:


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,, OLX and Pharmeasy. Register for free on and download the latest research report on ZEN at:


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