Progress Software Corporation (PRGS): Downgrade News

PRGS – Benchmark Co. cuts to sell. Stock price at the time of this analyst call was $44.40.

Update: As of Sep. 21, 2018, this bearish analyst call has returned -4.23%.

Key Facts Surrounding This News Item

  • PRGS had a POWR Rating of C (Neutral) coming into today.
  • PRGS was -4.92% below its 10-Day Moving Average coming into today.
  • PRGS was -5.58% below its 20-Day Moving Average coming into today.
  • PRGS was -5.92% below its 50-Day Moving Average coming into today.
  • PRGS was 0.02% above its 100-Day Moving Average coming into today.
  • PRGS was 15.45% above its 200-Day Moving Average coming into today.
  • PRGS had returned +4.61% year-to-date leading up to today’s news, versus a +2.22% return from the benchmark S&P 500 during the same period.

More Info About Progress Software Corporation (PRGS)

Progress Software is a global software company that simplifies the development, deployment and management of business applications. The Company’s products provide solutions for rapid application development, broad data integration and efficient data analysis. The company was founded in 1981 and is based in Bedford, Massachusetts. View our full PRGS ticker page with ratings, news, and more.

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PRGS at a Glance

PRGS Current POWR Rating™
Overall POWR Rating™
PRGS Current Price $42.22 0.45%
More PRGS Ratings, Data, and News

PRGS Price Reaction

The day of this event (Mar. 8, 2018)
PRGS Closing Price$38.53 12.59%
PRGS Volume2,019,822
422.25% from avg
Leading up to this event
PRGS 1-mo return3.53%
After this event
PRGS 1-day return9.96%
PRGS 3-day return8.88%
PRGS 5-day return7.38%

PRGS Price Chart

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