Research Reports Coverage on Application Software Stocks -- Ellie Mae, Open Text, Castlight Health, and HubSpot

NEW YORK, May 8, 2017 /PRNewswire/ --

On Friday, the NASDAQ Composite ended the day at 6,100.76, up 0.42%; the Dow Jones Industrial Average edged 0.26% higher, to finish at 21,006.94; and the S&P 500 closed at 2,399.29, marginally gaining 0.41%. Gains were broad based as eight out of nine sectors finished the trading session in green. Stock-Callers.com has initiated research reports on the following Application Software stocks: Ellie Mae Inc. (NYSE: ELLI), Open Text Corporation (NASDAQ: OTEX), Castlight Health Inc. (NYSE: CSLT), and HubSpot Inc. (NYSE: HUBS). Learn more about these stocks by downloading their comprehensive and free reports at:

http://stock-callers.com/registration

Ellie Mae  

On Friday, shares in Pleasanton, California headquartered Ellie Mae Inc. ended the session 1.69% higher at $107.53 with a total volume of 288,048 shares traded. Ellie Mae's shares have advanced 4.18% in the last one month and 22.47% in the previous three months. Furthermore, the stock has surged 41.21% in the past one year. Shares of the Company, which provides on-demand software solutions and services for the residential mortgage industry in the US, are trading at a PE ratio of 94.16. The stock is trading 6.12% above its 50-day moving average and 13.23% above its 200-day moving average. Moreover, the Company's shares have a Relative Strength Index (RSI) of 56.89.

On April 24^th, 2017, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with an increase of the target price from $96 a share to $111 a share. ELLI complete research report is just a click away and free at:

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

Open Text  

On Friday, shares in Waterloo, Canada headquartered Open Text Corp. recorded a trading volume of 396,818 shares. The stock ended the day 0.93% higher at $34.82. Shares of the Company are trading at a PE ratio of 7.65. Open Text's stock has advanced 4.85% in the last one month and 4.55% in the previous three months. Furthermore, the stock has gained 29.65% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages by 2.86% and 8.48%, respectively. Furthermore, shares of Open Text, which provides a suite of software products and services that assist organizations in finding, utilizing, and sharing business information from various devices, have an RSI of 63.38. The complimentary report on OTEX can be downloaded at:

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

Castlight Health  

San Francisco, California headquartered Castlight Health Inc.'s stock finished Friday's session 1.39% higher at $3.65 with a total volume of 569,322 shares traded. Over the last three months and the previous one year, Castlight Health's shares have gained 19.67% and 13.00%, respectively. The Company's shares are trading above its 50-day moving average by 0.47%. Shares of Castlight Health, which operates a health benefits platform in the US, have an RSI of 45.31. Sign up for your complimentary research report on CSLT at:

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

HubSpot  

Cambridge, Massachusetts headquartered HubSpot Inc.'s stock edged 0.64% higher, to close the day at $70.65. The stock recorded a trading volume of 1.04 million shares, which was above its three months average volume of 444,350 shares. HubSpot's shares have surged 17.07% in the last one month, 30.35% in the previous three months, and 61.71% in the past one year. The Company's shares are trading 14.06% and 26.03% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company, which provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and Asia/Pacific, have an RSI of 72.13.

On April 13^th, 2017, research firm Guggenheim initiated a 'Buy' rating on the Company's stock. Get free access to your research report on HUBS at:

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

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