user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 484668 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Progress Software Shares Climbing Higher, Up 2.2%

Published on Tue, 04/23/2013 - 10:34
By Mallory Stone

One of today's notable stocks on the rise is Progress Software (NASDAQ:PRGS), up 2.2% to $21.33. The Dow is up 0.9% to 14,700 and the S&P is currently up 0.9% to 1,576.

Progress Software (NASDAQ:PRGS) has potential upside of 21.1% based on a current price of $21.33 and analysts' consensus price target of $25.83. The stock should hit resistance at its 50-day moving average (MA) of $22.69, as well as support at its 200-day MA of $21.02.

In the past 52 weeks, shares of Progress Software have traded between a low of $17.30 and a high of $24.50 and are now at $21.33, which is 23% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.6% while the 200-day MA has remained constant.

Progress Software Corporation develops, markets, and distributes application development, deployment, and integration software to business, industry, and government worldwide. The Company's products include databases, application servers, messaging servers, and development tools for Internet/Web, extranet, and intranet applications as well as for client/server and host applications.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Walter Energy Looks to Continue to Trade...

Shares of Walter Energy (NYSE:WLT) traded today at $3.05, breaking its 52-week low. So ...

Recent 52-Week High Exceeded in Shares o...

Shares of WellPoint (NYSE:WLP) traded today at $121.59, breaking its 52-week high. So ...

Wells Fargo Looks to Continue to Trade A...

Shares of Wells Fargo (NYSE:WFC) traded today at $53.32, breaking its 52-week high. Th ...

Shares of Waste Connections Rise Above P...

Shares of Waste Connections (NYSE:WCN) traded at a new 52-week high today of $50.66. T ...

VirnetX Holding: New 52-Week Low Set Tod...

Shares of VirnetX Holding (AMEX:VHC) traded today at $4.18, breaking its 52-week low. ...

Recent 52-Week High Exceeded in Shares o...

VF Corp (NYSE:VFC) traded today at a new 52-week high of $67.01. Approximately 926,000 ...

Shares of UQM Technologies Fall Below Pr...

UQM Technologies (AMEX:UQM) traded today at a new 52-week low of $1.22. So far today a ...

Recent 52-Week High Exceeded in Shares o...

Shares of Union Pacific (NYSE:UNP) traded today at $110.26, breaking its 52-week high. ...