Callidus Software Shares Climbing Higher, Up 1.1%

Published on Thu, 06/13/2013 - 12:05
By Adrienne Chilton in Market movers, CALD, callidus software, market movers, nasdaq:cald

Callidus Software (NASDAQ:CALD), a company whose shares are moving quickly, is trading 1.1% higher to $6.22. The Dow is up 0.2% to 15,029 and the S&P is currently up 0.3% to 1,618.

Potential upside of 19.0% exists for Callidus Software, based on a current level of $6.22 and analysts' average consensus price target of $7.40. The stock should discover initial support at its 50-day moving average (MA) of $5.07 and subsequent support at its 200-day MA of $4.63.

In the past 52 weeks, Callidus Software share prices have been bracketed by a low of $3.60 and a high of $6.50 and are now at $6.22, 73% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 2.1%.

Callidus Software delivers enterprise application software called business performance systems. The Company's Enterprise Incentive Management (EIM) software system allows enterprises to model, administer, analyze and report pay-for-performance plans, which are designed to align employee, sales, and channel tactics with targeted business objectives.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Earnings Flashback: Since Reporting Quar...

18 days ago, on July 8th, 2014, Bob Evans Farms (NASDAQ:BOBE) reported its earnings. A ...

Earnings Flashback: Since Reporting Quar...

11 days ago, on July 15th, 2014, CSX (NYSE:CSX) reported its earnings. Analysts, on av ...

Dover Earnings Review: 9 Days after Anno...

When Dover (NYSE:DOV) reported earnings 9 days ago on July 17th, 2014, analysts, on ave ...

Earnings Look Back: Autoliv Is Down 0.3%...

A week ago on July 18th, 2014 Autoliv (NYSE:ALV) reported earnings and analysts, on ave ...

Earnings Flashback: Since Reporting Quar...

A week ago on July 18th, 2014 Kansas City Southern (NYSE:KSU) reported earnings and ana ...

Cytec Industries Earnings Hindsight: Up ...

When Cytec Industries (NYSE:CYT) reported earnings a week ago on July 17th, 2014, analy ...

Novartis Earnings Hindsight: Down 0.1% i...

When Novartis (NYSE:NVS) reported earnings 9 days ago on July 17th, 2014, analysts, on ...

Post Earnings Update: AAR Has Climbed 4....

11 days ago, on July 15th, 2014, AAR (NYSE:AIR) reported its earnings. Analysts, on av ...