Stock Performance Review on Application Software Industry -- Box Inc., Cloudera, RingCentral, and Cadence Design Systems

NEW YORK, September 5, 2017 /PRNewswire/ --

If you want a Stock Review on BOX, CLDR, RNG, or CDNS then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. On Friday, the NASDAQ Composite ended the day at 6,435.33, up 0.10%; the Dow Jones Industrial Average edged 0.18% higher to finish at 21,987.56; and the S&P 500 closed at 2,476.55, marginally gaining 0.20%. Gains were broad based as six out of nine sectors finished the trading session in green. DailyStockTracker.com has initiated research reports on the following Application Software stocks: Box Inc. (NYSE: BOX), Cloudera Inc. (NYSE: CLDR), RingCentral Inc. (NYSE: RNG), and Cadence Design Systems Inc. (NASDAQ: CDNS). Daily Stock Tracker published comprehensive and free research reports on these stocks today at:

http://dailystocktracker.com/register/

Box Inc. 

Redwood City, California headquartered Box Inc.'s stock finished Friday's session 2.85% lower at $19.06 with a total trading volume of 3.05 million shares, which was above its three months average of 1.98 million shares. The stock has gained 36.34% in the previous twelve months and 37.52% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 0.59% and 9.85%, respectively. Moreover, shares of Box, which provides cloud content management platform that enables organizations of various sizes to manage their enterprise content from anywhere, have a Relative Strength Index (RSI) of 51.30. BOX complete research report is just a click away and free at:

http://dailystocktracker.com/registration/?symbol=BOX

Cloudera 

Shares in Palo Alto, California headquartered Cloudera Inc. declined 0.88%, ending last Friday's session at $19.23 with a total trading volume of 532,041 shares. The stock has gained 11.41% in the past month. The Company's shares are trading above their 50-day and 200-day moving averages by 10.62% and 3.71%, respectively. Moreover, shares of Cloudera, which operates a data management, machine learning, and analytics software platform in the US, Europe, and Asia, have an RSI of 68.74. The complimentary report on CLDR can be downloaded at:

http://dailystocktracker.com/registration/?symbol=CLDR

RingCentral 

On Friday, Belmont, California headquartered RingCentral Inc.'s ended the day flat at $42.35. A total volume of 489,813 shares was traded. The Company's shares have advanced 22.58% in the last one month, 17.64% in the previous three months, 91.20% over the last twelve months, and 105.58% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 14.29% and 43.29%, respectively. Additionally, shares of RingCentral, which provides software-as-a-service solutions for business communications in the US and internationally, have an RSI of 72.01.

On August 10^th, 2017, research firm Robert W. Baird downgraded the Company's stock rating from 'Outperform' to 'Neutral', with a target price of $41 per share. Sign up for your complimentary research report on RNG at:

http://dailystocktracker.com/registration/?symbol=RNG

Cadence Design Systems 

Shares in San Jose, California headquartered Cadence Design Systems Inc. ended the day 1.53% lower at $38.69. A total volume of 1.48 million shares was traded. The stock has gained 51.67% over the last twelve months and 53.41% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 8.04% and 23.06%, respectively. Furthermore, shares of Cadence Design Systems, which provides electronic design automation software, emulation and prototyping hardware, system interconnect, and analysis worldwide, have an RSI of 68.60. Get free access to your research report on CDNS at:

http://dailystocktracker.com/registration/?symbol=CDNS

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