Rand Capital (RAND) Forms $2.77 Double Bottom; Progress Software (PRGS) Has 1.14 Sentiment

Progress Software Corporation provides software solutions for various industries worldwide. The company has market cap of $2.47 billion. The Company’s OpenEdge segment offers Progress OpenEdge, a development software, which manufactures multi-language applications for secure deployment across various platforms and devices, as well as cloud; and Progress Corticon, a business rules management system that enables applications with decision automation and change process, and decision-related insight capabilities. It has a 67.08 P/E ratio. The companyÂ’s Data Connectivity and Integration segment provides Progress DataDirect Connect software, which offers data connectivity using industry-standard interfaces to connect applications running on various platforms; and Progress DataDirect Cloud, a software-as-a-service based connection management service that simplifies SQL access to a spectrum of cloud data sources through a single standards interface.

Rand Capital Corporation (RAND) formed double bottom with $2.69 target or 3.00% below today’s $2.77 share price. Rand Capital Corporation (RAND) has $17.51 million valuation. The stock increased 0.40% or $0.01 during the last trading session, reaching $2.77. About 57,348 shares traded or 208.49% up from the average. Rand Capital Corporation (NASDAQ:RAND) has declined 26.23% since January 21, 2017 and is downtrending. It has underperformed by 42.93% the S&P500.

The stock increased 0.68% or $0.35 during the last trading session, reaching $51.65. About 439,100 shares traded or 21.65% up from the average. Progress Software Corporation (PRGS) has risen 15.05% since January 21, 2017 and is uptrending. It has underperformed by 1.65% the S&P500.

Ratings analysis reveals 33% of Progress Software’s analysts are positive. Out of 3 Wall Street analysts rating Progress Software, 1 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. PRGS was included in 3 notes of analysts from September 13, 2016. The stock of Progress Software Corporation (NASDAQ:PRGS) earned “Neutral” rating by Ladenburg Thalmann on Tuesday, September 13. The rating was maintained by Wedbush on Wednesday, January 18 with “Neutral”. The stock of Progress Software Corporation (NASDAQ:PRGS) earned “Buy” rating by Benchmark on Wednesday, January 18.

Praesidium Investment Management Company Llc holds 13.27% of its portfolio in Progress Software Corporation for 4.26 million shares. Oaktop Capital Management Ii L.P. owns 612,526 shares or 3.91% of their US portfolio. Moreover, Tensile Capital Management Llc has 3.63% invested in the company for 500,101 shares. The Indiana-based University Of Notre Dame Du Lac has invested 1.55% in the stock. Piermont Capital Management Inc., a Missouri-based fund reported 83,042 shares.

Investors sentiment increased to 5 in 2017 Q3. Its up 2.00, from 3 in 2017Q2. It improved, as 1 investors sold Rand Capital Corporation shares while 0 reduced holdings. 3 funds opened positions while 2 raised stakes. 1.72 million shares or 225.01% more from 530,429 shares in 2017Q2 were reported. Raffles Associate Limited Partnership owns 0.23% invested in Rand Capital Corporation (NASDAQ:RAND) for 85,000 shares. Brown Advisory invested in 0% or 30,000 shares. Associated Banc invested 0.05% of its portfolio in Rand Capital Corporation (NASDAQ:RAND). Shufro Rose & Ltd Liability Co has invested 0.05% in Rand Capital Corporation (NASDAQ:RAND). Atlantic Gru Ltd owns 0% invested in Rand Capital Corporation (NASDAQ:RAND) for 227,691 shares.