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Application Software Stocks Under Scanner -- Mobileye, Nuance Communications, Adobe Systems, and Splunk

NEW YORK, December 5, 2016 /PRNewswire/ --

On Friday, December 02, 2016, the NASDAQ Composite ended the trading session at 5,255.65, up 0.09%; the Dow Jones Industrial Average edged 0.11% lower, to finish at 19,170.42; and the S&P 500 closed at 2,191.95, up 0.04%. Gains were broad based as five out of nine sectors ended the session in positive. This morning, on Monday has initiated coverage on the following Application Software equities: Mobileye N.V. (NYSE: MBLY), Nuance Communications Inc. (NASDAQ: NUAN), Adobe Systems Inc. (NASDAQ: ADBE), and Splunk Inc. (NASDAQ: SPLK). Learn more about these stocks by downloading their free research reports in PDF format at:


On Friday, shares in Jerusalem, Israel headquartered Mobileye N.V. ended the session 0.39% lower at $36.19, with a total volume of 2.86 million shares traded. Shares of the Company, which together with its subsidiaries, develops computer vision and machine learning, data analysis, and localization and mapping for advanced driver assistance systems and autonomous driving technologies primarily in Israel, are trading at a PE ratio of 90.93. The stock is trading 7.04% below its 50-day moving average and 10.00% below its 200-day moving average. Moreover, the Company's shares have a Relative Strength Index (RSI) of 33.07.  

On December 01st, 2016, research firm Needham initiated a 'Buy' rating on the Company's stock, issuing a target price of $55 per share. Sign up and read the free research report on MBLY at:

Nuance Communications  

On Friday, shares in Burlington, Massachusetts headquartered Nuance Communications Inc. recorded a trading volume of 2.76 million shares The stock ended the day 0.82% higher at $15.97. Nuance Communications' stock has gained 16.48% in the last one month and 7.18% in the previous three months. The Company is trading above its 50-day moving average by 9.02%. Furthermore, shares of Nuance Communications, which provides voice and language solutions for businesses and consumers worldwide, have an RSI of 57.55.

On November 18th, 2016, research firm Raymond James upgraded the Company's stock rating from 'Outperform' to 'Strong Buy'. The complimentary research report on NUAN can be downloaded at:

Adobe Systems  

San Jose, California headquartered Adobe Systems Inc.'s stock finished Friday's session 0.22% higher at $99.73, with a total volume of 3.51 million shares traded. Adobe Systems' shares have gained 10.92% in the past one year. Shares of the Company, which operates as a diversified software company worldwide, are trading above its 200-day moving average by 1.20%. Adobe Systems' stock traded at a PE ratio of 50.80 and has an RSI of 31.43. Register for free on and access the latest report on ADBE at:


San Francisco, California headquartered Splunk Inc.'s stock edged 0.66% higher, to close the day at $53.68. The stock recorded a trading volume of 3.26 million shares, which was above its three months average volume of 1.65 million shares. Shares of the Company, which provides software solutions that enable organizations to gain real-time operational intelligence in the US and internationally, are trading 8.92% and 2.86% below its 50-day and 200-day moving averages, respectively. Additionally, the stock has an RSI of 33.76.

On November 30th, 2016, research firm Wedbush reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $72 a share to $75 a share. Get free access to your research report on SPLK at:


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