Today's Research: SAP AG, Nuance Comm., Fortinet, and Catamaran
LONDON, July 29, 2013
LONDON, July 29, 2013 /PRNewswire/ --
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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
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:
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:
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:
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:
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