Technical Reports on Application Software Equities — Oracle, CDK Global, Workday, and Red Hat

Press Releases

Nov 20, 2017

NEW YORK, Nov. 20, 2017 /PRNewswire/ — If you want a Stock Review on ORCL, CDK, WDAY, or RHT then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. DailyStockTracker.com revisits the Application Software industry, which includes companies that create, license, and sell software for a variety of uses, including personal and enterprise use. Many of these companies also sell complementary hardware. Under assessment this morning are the following equities: Oracle Corp. (NYSE: ORCL), CDK Global Inc. (NASDAQ: CDK), Workday Inc. (NASDAQ: WDAY) and Red Hat Inc. (NYSE: RHT). Learn more about these stocks by downloading their comprehensive and free reports from DailyStockTracker.com member’s area at:

http://dailystocktracker.com/register/

Oracle

California headquartered Oracle Corp.’s shares finished Friday’s session 0.53% lower at $48.94. A total volume of 9.98 million shares was traded. The stock has gained 0.08% over the previous three months and 27.28% on an YTD basis. The Company’s shares are trading above their 200-day moving average by 4.12%. Moreover, shares of Oracle have a Relative Strength Index (RSI) of 43.40.  

On November 09th, 2017, research firm UBS downgraded the Company’s stock rating from ‘Buy’ to ‘Neutral’ while revising its previous target price from $57 a share to $55 a share.

On November 16th, 2017, Oracle announced the general availability of a range of new Oracle Cloud Infrastructure compute options, providing customers with unparalleled compute performance based on the Company’s recently announced X7 hardware. Newly enhanced virtual machine and bare metal compute, and new bare metal graphical processing unit instances enable customers to run even the most infrastructure-heavy workloads, such as high-performance computing, big data and artificial intelligence, faster and more cost-effectively. ORCL complete research report is just a click away at:

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

CDK Global

Shares in Illinois headquartered CDK Global Inc. ended the day 0.80% higher at $66.93 with a total trading volume of 756,733 shares. The stock has advanced 2.59% in the last month, 7.33% in the previous three months, and 12.13% since the start of this year. The Company’s shares are trading 4.66% and 4.98% above their 50-day and 200-day moving averages, respectively. Moreover, shares of CDK Global, which provides integrated IT and digital marketing solutions to the automotive retail and other industries worldwide, has an RSI of 64.05.  

On November 15th, 2017, CDK Global announced that its board of directors has approved a $0.01 increase in the quarterly cash dividend to an annual rate of $0.60 per share. The new quarterly dividend rate of $0.15 per share compares with the previous quarterly dividend rate of $0.14 per share. This increased quarterly dividend is payable on December 29th, 2017, to shareholders of record at the close of business on December 01st, 2017. The complimentary report on CDK can be downloaded at:

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

Workday

California headquartered Workday Inc.’s stock rose 2.14%, closing the session at $111.68. A total volume of 1.85 million shares was traded, which was above their three months average volume of 1.61 million shares. The Company’s shares have gained 4.60% in the last one month, 10.23% in the previous three months, and 68.98% on an YTD basis. The stock is trading 4.51% above its 50-day moving average and 14.87% above its 200-day moving average. Additionally, shares of Workday, which provides enterprise cloud applications for finance and human resources worldwide, have an RSI of 59.80.  

On November 09th, 2017, research firm UBS downgraded the Company’s stock rating from ‘Buy’ to ‘Sell’ while revising its previous target price from $121 a share to $95 a share.

On November 14th, 2017, Workday announced plans to report its Q3 FY18 results after market close on November 29th, 2017. The Company will host a conference call at 5:00 p.m. ET that same day to review its financial results and business outlook. A live webcast of the event will be available on the Company’s Investor Relations website. Sign up for your complimentary research report on WDAY at:

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

Red Hat

On Friday, shares in North Carolina headquartered Red Hat Inc. finished the session 0.54% lower at $125.95. A total volume of 1.38 million shares was traded. The stock has gained 3.58% in the last month, 22.70% over the previous three months, and 80.70% on an YTD basis. The Company’s shares are trading above their 50-day and 200-day moving averages by 8.16% and 29.41%, respectively. Moreover, shares of Red Hat, which provides open source software solutions to develop and offer operating system, virtualization, management, middleware, cloud, mobile, and storage technologies to various enterprises worldwide, have an RSI of 73.41.  

On November 16th, 2017, Red Hat launched Red Hat OpenShift Container Platform 3.7, the latest version of the Company’s enterprise-grade Kubernetes container application platform. As application complexity and cloud incompatibility loom, Red Hat OpenShift Container Platform 3.7 helps IT organizations to build and manage applications that use services from the datacenter to the public cloud. Get free access to your research report on RHT at:

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

Daily Stock Tracker:

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@dailystocktracker.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY

DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://dailystocktracker.com/disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly.If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email:
contact@dailystocktracker.com
Phone number: (207)331-3313 
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

View original content:http://www.prnewswire.com/news-releases/technical-reports-on-application-software-equities—-oracle-cdk-global-workday-and-red-hat-300559258.html

SOURCE dailystocktracker.com

YOU MAY ALSO LIKE

Yunji to Report Third Quarter 2024 Financial…

NEW YORK, Nov. 20, 2017 /PRNewswire/ -- If you want a Stock Review on ORCL, CDK, WDAY, or RHT then come over to http://dailystocktracker.com/register/ and…

read more

Alithya reports Q2 results and adjusted EBITDA…

NEW YORK, Nov. 20, 2017 /PRNewswire/ -- If you want a Stock Review on ORCL, CDK, WDAY, or RHT then come over to http://dailystocktracker.com/register/ and…

read more

90% of Industry Professionals Call for Greater…

NEW YORK, Nov. 20, 2017 /PRNewswire/ -- If you want a Stock Review on ORCL, CDK, WDAY, or RHT then come over to http://dailystocktracker.com/register/ and…

read more