How These Application Software Stocks are Faring? -- Innoviva, Proofpoint, Manhattan Associates, and NQ Mobile

NEW YORK, January 12, 2017 /PRNewswire/ --

In today's pre-market research, Stock-Callers.com presents the following Application Software equities for review: Innoviva Inc. (NASDAQ: INVA), Proofpoint Inc. (NASDAQ: PFPT), Manhattan Associates Inc. (NASDAQ: MANH), and NQ Mobile Inc. (NYSE: NQ). These companies belong to the Technology sector which traded near its best levels in late trade on Wednesday, January 11^th, 2017, with shares of Tech companies in the S&P 500 increasing about 0.4%. Register now and get full and free access to our downloadable research reports on these stocks at:

http://stock-callers.com/registration

Innoviva  

Shares in South San Francisco, California headquartered Innoviva Inc. ended Wednesday's trading session flat at $11.50. The stock recorded a trading volume of 1.13 million shares, which was above its three months average volume of 1.01 million shares. The Company's shares have gained 6.28% in the last one month, 12.86% in the previous three months, and 7.48% since the start of this year. The stock is trading 7.61% and 1.27% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Innoviva, which engages in the development and commercialization of bio-pharmaceuticals, have a Relative Strength Index (RSI) of 64.71.

On December 19^th, 2016, GlaxoSmithKline PLC and Innoviva announced the start of a phase III study investigating the effects of once-daily closed triple combination therapy fluticasone furoate/umeclidinium/vilanterol (FF/UMEC/VI) when compared to therapy with the once-daily dual combination therapy, Relvar/Breo® (FF/VI), as a treatment for patients with asthma. Access our complete research report on INVA for free at:

http://stock-callers.com/registration/?symbol=INVA

Proofpoint  

Sunnyvale, California headquartered Proofpoint Inc.'s stock rose 2.76%, closing the day at $80.42 with a total trading volume of 440,074 shares. The Company's shares have advanced 11.29% in the last month, 13.24% in the previous three months, and 13.83% on an YTD basis. The stock is trading 5.38% above its 50-day moving average and 17.03% above its 200-day moving average. Additionally, shares of Proofpoint, which provides threat protection, incident response, regulatory compliance, archiving, governance, eDiscovery, and secure communication solutions worldwide, have an RSI of 66.21.

On January 05^th, 2017, Proofpoint announced it will issue a press release reporting financial results for the Q4 and FY16 after the close of the market on January 26^th, 2017. Proofpoint will host a conference call and live webcast to discuss those financial results for investors and analysts at 4:30 p.m. ET on January 26^th, 2017.

Yesterday, research firm Wells Fargo initiated an 'Outperform' rating on the Company's stock. The complimentary research report on PFPT can be downloaded at:

http://stock-callers.com/registration/?symbol=PFPT

Manhattan Associates 

On Wednesday, shares in Atlanta, Georgia headquartered Manhattan Associates Inc. recorded a trading volume of 506,387 shares, and ended the day 0.18% higher at $50.10. The stock is trading below its 50-day moving average by 4.72%. Shares of the Company, which develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations for retailers, wholesalers, manufacturers, logistics providers, and other organizations, have an RSI of 37.03.

On January 05^th, 2017, Manhattan Associates announced that it will release its Q4 2016 financial results on January 31^st, 2017, after the stock market closes. The press release will be followed by a conference call hosted by Manhattan Associates' senior management at 4:30 p.m. EST on the same day

On January 09^th, 2017, research firm Raymond James downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Register for free on Stock-Callers.com and get access to the latest PDF format report on MANH at:

http://stock-callers.com/registration/?symbol=MANH

NQ Mobile  

Beijing, the People's Republic of China headquartered NQ Mobile Inc.'s stock climbed 2.11%, finishing yesterday's session at $3.38 with a total trading volume of 217,841 shares. The Company's shares have advanced 2.74% in the last one month and 4.97% on an YTD basis. The stock is trading above its 50-day moving average by 1.61%. Additionally, shares of NQ Mobile, which provides mobile Internet services in the People's Republic of China and internationally, have an RSI of 56.90.  

On November 30^th, 2016, NQ Mobile reported net revenues of $91.1 million for Q3 2016, a 3.6% y-o-y increase from Q3 2015. The Company stated that Mobile Value Added Services' revenues reached a record level of $54.9 million, a 74.6% y-o-y increase from Q3 2015. GAAP operating loss for Q3 2016 was $3.3 million compared to GAAP operating income of $0.2 million in Q3 2015. GAAP net loss attributed to NQ Mobile for Q3 2016 was $9.0 million, or $0.09 per fully diluted ADS, after deducting $6.3 million in net income attributed to non-controlling interest primarily due to the FL Mobile Divestment, compared to $2.5 million in the same period a year ago. Download your free research report on NQ at:

http://stock-callers.com/registration/?symbol=NQ

--

Stock Callers: 

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 info@stock-callers.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.  

NO WARRANTY 

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/

CONTACT
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:
Email: info@stock-callers.com
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