Today's Research: SAP AG, Nuance Comm., Fortinet, and Catamaran

LONDON, July 29, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

On Friday, July 26, 2013, shares of application software companies ended mostly lower even as the broader market posted small gains. The major movers in the industry included SAPG AG (ADR) (NYSE: SAP), Nuance Communications Inc. (NASDAQ: NUAN), Fortinet Inc. (NASDAQ: FTNT), and Catamaran Corp. (USA) (NASDAQ: CTRX). AAAResearchReports.com has completed its technical analysis on SAP, NUAN, FTNT, and CTRX and these free reports are accessible by registering at:

http://www.aaaresearchreports.com/register/  

Shares of SAP AG moved lower on Friday, reversing some of their gains for the week. The company's shares oscillated between $72.87 and $73.73 before finishing the day 0.37% lower at $73.69. A total of 929,296 shares were traded, which is below the daily average volume of 1.86 million. SAP AG's shares gained 1.21% last week and 1.18% in the last one month as compared to a loss of 0.03% and a gain of 5.31% in the S&P 500 during the respective periods. Sign up for free technical research on SAP at:

http://www.AAAResearchReports.com/SAP072913.pdf

Nuance Communications Inc.'s stock fell sharply on Friday even as the broader market edged higher. The company's shares fluctuated between $18.73 and $18.98 before closing the day 1.47% lower at $18.77. A total of 2.86 million shares were traded, which is below the daily average volume of 3.38 million. Nuance Communications' shares declined 0.24% last week and gained 2.01% in the last one month, underperforming S&P 500. Further, the company's shares are trading below its 50-day and 200-day moving averages. Be sure to read our latest technical research on NUAN by registering at:

http://www.AAAResearchReports.com/NUAN072913.pdf

Shares of Fortinet Inc. moved lower on Friday, extending their losses from previous trading sessions. The company's shares oscillated between $20.68 and $21.03 before ending the session 1.19% lower at $20.73. A total of 1.95 million shares were traded, which is below the daily average volume of 2.15 million. Fortinet's shares have fallen by 3.27% in the last three trading sessions. Despite the recent losses, the stock has advanced 19.41% in the last three months as compared to a gain of 6.91% in the S&P 500. Sign up and read the complimentary report on FTNT at:

http://www.AAAResearchReports.com/FTNT072913.pdf

Catamaran Corp.'s stock edged lower on Friday, reversing some of its gains for the week. The company's shares oscillated between $51.29 and $52.11 before finishing the day 0.92% lower at $51.75. A total of 786,544 shares were traded, which is below the daily average volume of 1.94 million. The company's shares gained 2.25% last week, outperforming the S&P 500. Moreover, the stock is currently trading above its 50-day and 200-day moving averages. The free report on CTRX can be downloaded by signing up now at:

http://www.AAAResearchReports.com/CTRX072913.pdf

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SOURCE AAA Research Reports