• 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 = 464335 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1413886386 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1413886386 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Shares of Progress Software Under Pressure, Down 1.6%

Published on Thu, 03/21/2013 - 12:24
By Mallory Stone

Progress Software (NASDAQ:PRGS) is one of today's notable stocks in decline, down 1.6% to $23.30. The Dow Jones Industrial Average is now trading 0.3% lower to 14,468 and the S&P is trading 0.4% lower to 1,553.

Progress Software has overhead space with shares priced $23.30, or 9.8% below the average consensus analyst price target of $25.83. The stock should find resistance at its 50-day moving average (MA) of $23.38, as well as support at its 200-day MA of $20.75.

In the past 52 weeks, Progress Software share prices have been bracketed by a low of $17.30 and a high of $24.76 and are now at $23.30, 35% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.5% while the 200-day MA has risen 0.3%.

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

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