26.06.2017 12:30:00
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Today's Research Report Coverage on Application Software Stocks -- BroadSoft, CDK Global, Cornerstone OnDemand, and Endurance
NEW YORK, June 26, 2017 /PRNewswire/ --
If you want a Stock Review on BSFT, CDK, CSOD or EIGI then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has initiated research coverage on BroadSoft Inc. (NASDAQ: BSFT), CDK Global Inc. (NASDAQ: CDK), Cornerstone OnDemand Inc. (NASDAQ: CSOD), and Endurance International Group Holdings Inc. (NASDAQ: EIGI). Application Software companies create, license, and sell software for a variety of uses, including personal and enterprise use. Many of them also sell complementary hardware. Learn more about these stocks by signing up for their free reports on DailyStockTracker.com at:
http://dailystocktracker.com/register/
BroadSoft
Last Friday, Gaithersburg, Maryland headquartered BroadSoft Inc.'s stock climbed 1.39%, to close the day at $43.90. A total volume of 625,215 shares was traded, which was above their three months average volume of 470,210 shares. The Company's shares have advanced 17.07% in the last month, 5.15% in the previous three months, and 6.42% on an YTD basis. The stock is trading 12.97% above its 50-day moving average and 4.90% above its 200-day moving average. Additionally, shares of BroadSoft, which provides software and services that enable telecommunications service providers to deliver hosted cloud-based unified communications to their enterprise customers in North America, Europe, Middle-East, and Africa, have a Relative Strength Index (RSI) of 74.06.
On June 12th, 2017, BroadSoft announced that the North American Employee Engagement Awards, in association with CultureNext by Maritz Motivation Solutions, recognized the Company with the Internal Communications Award, and Nicole Dvoskin as the Employee Engagement Professional of the Year. The winners were announced at a ceremony following the North American Employee Engagement conference on June 08th, 2017, in Chicago, Illinois. The free research report on BSFT is available at:
http://dailystocktracker.com/registration/?symbol=BSFT
CDK Global
Shares in Hoffman Estates, Illinois headquartered CDK Global Inc. saw a slight correction of 0.29%, finishing Friday's session at $62.65. The stock recorded a trading volume of 1.45 million shares, which was above its three months average volume of 950,460 shares. The Company's shares have gained 2.35% in the last month and 4.96% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 0.14% and 2.88%, respectively. Furthermore, shares of CDK Global, which provides integrated information technology and digital marketing solutions to the automotive retail and other industries worldwide, have an RSI of 54.40.
On June 21st, 2017, research firm Wells Fargo upgraded the Company's stock rating from 'Market Perform' to 'Outperform'.
On June 21st, 2017, CDK Global announced that Amy Byrne recently joined the Company as Executive Vice President and Chief Human Resources Officer. Byrne brings nearly 25 years of experience leading large global HR teams across talent, compensation and benefits, diversity, labor relations, and organizational engagement. The complimentary report on CDK can be downloaded at:
http://dailystocktracker.com/registration/?symbol=CDK
Cornerstone OnDemand
Santa Monica, California headquartered Cornerstone OnDemand Inc.'s stock finished 1.08% higher at $36.41 last Friday at the close. A total volume of 649,958 shares was traded, which was higher than their three months average volume of 529,980 shares. The Company's shares are trading below their 50-day moving average by 3.11%. Additionally, shares of Cornerstone OnDemand, which together with its subsidiaries, provides human capital management software through software-as-a-service model worldwide, have an RSI of 44.31.
On June 06th, 2017, Cornerstone OnDemand announced plans to re-imagine workplace learning with the launch of a learning-experience platform and a new, subscription-content offering tied to the Cornerstone Learning suite. The Company will enhance its industry-leading learning platform by adding personalized, employee-centric, digital-learning capabilities. This will include a new "Netflix-style" user interface with curated content recommendations, as well as playlist, collaboration, and sharing capabilities similar to Spotify.
On June 20th, 2017, research firm Barclays downgraded the Company's stock rating from 'Equal Weight' to 'Underweight' while revising its previous target price from $46 a share to $32 a share. Visit us today and download our complete research report on CSOD for free at:
http://dailystocktracker.com/registration/?symbol=CSOD
Endurance
Endurance International Group Holdings Inc.'s shares ended the session 1.76% higher at $8.65. The stock recorded a trading volume of 529,292 shares. Shares of the Company have advanced 12.34% in the last month and 9.49% over the previous three months. The stock is trading 11.83% above its 50-day moving average and 7.36% above its 200-day moving average. Moreover, 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 63.83.
On June 14th, 2017, Endurance International announced that it has completed its previously announced refinancing of its outstanding $716.625 million term loans due November 2019, and $980.625 million incremental term loans due February 2023. The $1,697-million refinancing first-lien term loans due February 2023 were used to repay the 2019 Term Loans and the 2023 Term Loans. Get free access to your technical report on EIGI at:
http://dailystocktracker.com/registration/?symbol=EIGI
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