How These Application Software Stocks are Faring? -- Zendesk, LogMeIn, Innoviva, and Rubicon Project

NEW YORK, April 28, 2017 /PRNewswire/ --

On Thursday, April 27, 2017, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Six out of nine sectors ended Thursday's trading session in bullish territories. Taking into consideration yesterday's market sentiment, Stock-Callers.com assessed the following Application Software equities this morning: Zendesk Inc. (NYSE: ZEN), LogMeIn Inc. (NASDAQ: LOGM), Innoviva Inc. (NASDAQ: INVA), and the Rubicon Project Inc. (NYSE: RUBI). Download the free research reports on these stocks today:

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Zendesk

San Francisco, California headquartered Zendesk Inc.'s stock finished Thursday's session 0.53% higher at $28.55 with a total volume of 1.41 million shares traded. Over the last one month and the previous three months, Zendesk's shares have gained 4.89% and 19.21%, respectively. Furthermore, the stock has advanced 25.44% in the past one year. Shares of the Company, which provides software-as-a-service products for organizations, are trading above its 50-day and 200-day moving averages by 3.38% and 6.85%, respectively. Zendesk's stock has a Relative Strength Index (RSI) of 58.68.

On April 13^th, 2017, research firm Guggenheim initiated a 'Buy' rating on the Company's stock. See our free and comprehensive research report on ZEN at:

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

LogMeIn

Boston, Massachusetts headquartered LogMeIn Inc.'s stock advanced 3.09%, to close the day at $113.50. The stock recorded a trading volume of 1.05 million shares. LogMeIn's shares have surged 17.37% in the last one month, 10.62% in the previous three months, and 119.01% in the past one year. The Company's shares are trading 14.76% and 21.37% above its 50-day and 200-day moving averages, respectively. Shares of the Company, which provides cloud-based services for individuals and businesses to securely connect to their workplace, colleagues, and customers, are trading at a PE ratio of 1,158.16. Additionally, the stock has an RSI of 75.57. LOGM free research report PDF is just a click away at:

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

Innoviva

On Thursday, shares in Brisbane, California headquartered Innoviva Inc. ended the session 2.02% higher at $12.59 with a total volume of 1.40 million shares traded. Innoviva's shares have gained 16.57% in the last three months and 0.96% in the previous one year. Shares of the Company, which engages in the development and commercialization of bio-pharmaceuticals, are trading at a PE ratio of 28.55. The stock is trading 9.45% above its 200-day moving average. Moreover, the Company's shares have an RSI of 42.26. Sign up for your complimentary report on INVA at:

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

Rubicon Project

On Thursday, shares in Los Angeles, California headquartered Rubicon Project Inc. recorded a trading volume of 840,189 shares. The stock ended the day 1.19% lower at $5.82. Rubicon Project's stock has gained 7.78% in the past one month. The Company's shares are trading below its 50-day and 200-day moving averages by 14.88% and 30.20%, respectively. Furthermore, shares of Rubicon Project, which engages in automating the purchasing and selling of advertising, have an RSI of 42.27. Register for free on Stock-Callers.com and download the latest research report on RUBI at:

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

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