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Technical & System Software Stock Performance Review -- Hortonworks, Nutanix, Okta, and PTC Inc.
[September 19, 2017]

Technical & System Software Stock Performance Review -- Hortonworks, Nutanix, Okta, and PTC Inc.


NEW YORK, September 19, 2017 /PRNewswire/ --

If you want a Stock Review on HDP, NTNX, OKTA, or PTC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Companies in the Technical and System Software industry design, develop, manufacture, and market technical and system software. This type of software includes assemblers, compilers, file management tools, system utilities, and debuggers. Pre-market today, DailyStockTracker.com scans the following: Hortonworks Inc. (NASDAQ: HDP), Nutanix Inc. (NASDAQ: NTNX), Okta Inc. (NASDAQ: OKTA), and PTC Inc. (NASDAQ: PTC). These free stocks reports are currently available on DailyStockTracker.com. Simply sign up for your complimentary member access at:

http://dailystocktracker.com/register/

Hortonworks 

Santa Clara, California headquartered Hortonworks Inc.'s stock finished Monday's session 2.40% higher at $17.09 with a total trading volume of 739,229 shares. Over the last month and the previous three months, the Company's shares have advanced 13.10% and 28.59%, respectively. Additionally, the stock has surged 105.66% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 15.13% and 47.11%, respectively. Moreover, shares of Hortonworks, which creates, distributes, and supports a class of enterprise data management software solutions built on open source technology in the US, the UK, and internationally, have a Relative Strength Index (RSI) of 62.52.

On September 05th, 2017, research firm Credit Suisse initiated an 'Outperform' rating on the Company's stock, with a target price of $20 per share. Your complete research report on HDP can be retrieved for free at:

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

Nutanix 

Shares in San Jose, California headquartered Nutanix Inc. jumped 5.43%, ending yesterday's session at $22.73 with a total trading volume of 8.02 million shares. The stock has gained 4.08% in the past month and 23.80% in the previous three months. The Company's shares are trading 4.23% above their 50-day moving average and 0.51% above their 200-day moving average. Moreover, shares of Nutanix, which together with its subsidiaries, provides enterprise cloud platform solutions that converge traditional silos of server, virtualization, and storage into one integrated solution, have an RSI of 55.63.  

On September 14th, 2017, Nutanix has announced that The University of Reading is in the final stages of migrating academic support workloads from a mixed collection of legacy platforms to an all-new 'Reading Research Cloud,' built on a single cluster of Dell EMC XC Series appliances running the Nutanix Enterprise Cloud Platform, and using Nutanix AHV Hypervisor and Nutanix Self Service Portal.

On September 18th, 2017, research firm Bank of America/ Merrill reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $30 a share to $35 a share. A free report on NTNX is just a click away at:

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



Okta 

On Monday, San Francisco, California headquartered Okta Inc.'s stock rose 2.20%, to close the day at $29.25. A total volume of 481,244 shares was traded. The Company's shares have advanced 20.62% in the last one month, 7.10% in the previous three months, and 24.42% on an YTD basis. The stock is trading 17.99% and 18.47% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Okta, which operates an integrated system that connects persons via devices, have an RSI of 65.18.  


On August 30th, 2017, Okta introduced the Okta for Good Fund. It also announced NetHope, a global consortium of the world's leading nonprofits, as the first grantee of the Fund. The Company will serve as a Founding Partner of NetHope's new initiative, the Center for the Digital Nonprofit, and the Okta for Good Fund grant will support technology initiatives for humanitarian nonprofits through the Center. Sign up for your complimentary research report on OKTA at:

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

PTC Inc. 

Shares in Needham, Massachusetts headquartered PTC Inc. ended the day 0.55% higher at $54.95. A total volume of 840,599 shares was traded. The stock has gained 3.70% in the last one month and 18.76% since the start of this year. The Company's shares are trading above their 200-day moving average by 2.54%. Furthermore, shares of PTC Inc., which develops and delivers software products and solutions worldwide, have an RSI of 49.32.  

On August 23rd, 2017, research firm Berenberg initiated a 'Buy' rating on the Company's stock, with a target price of $66 per share.

On August 30th, 2017, PTC Inc. announced that bookings for its product lifecycle management (PLM) software-as-a-service solution have doubled over the last four quarters. This expansion complements the Company's new subscription model and aligns with the recent findings of a Cloud PLM study conducted by CIMdata, the leading independent global strategic management consulting and research authority focused on the PLM market. Register for free on DailyStockTracker.com and download the latest research report on PTC at:

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

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