Stocks Under Scanner in the Business Software & Services Space -- New Relic, Automatic Data Processing, Amdocs, and F5 Networks

NEW YORK, October 31, 2017 /PRNewswire/ --

If you want a Stock Review on NEWR, ADP, DOX, or FFIV then come over to http://dailystocktracker.com/register and sign up for your free customized report. On Monday, October 30, 2017, the NASDAQ Composite ended the trading session at 6,698.96, down 0.03%; the Dow Jones Industrial Average edged 0.36% lower, to finish at 23,348.74; and the S&P 500 closed at 2,572.83, slightly dropping 0.32%. Losses were broad based as seven out of nine sectors ended the day in negative. This Tuesday, DailyStockTracker.com has initiated reports coverage on the following Business Software & Services equities: New Relic Inc. (NYSE: NEWR), Automatic Data Processing Inc. (NASDAQ: ADP), Amdocs Ltd (NASDAQ: DOX), and F5 Networks Inc. (NASDAQ: FFIV). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at: http://dailystocktracker.com/register

New Relic 

San Francisco, California headquartered New Relic Inc.'s stock finished Monday's session 0.14% lower at $50.24 with a total trading volume of 247,104 shares. The Company's shares have advanced 38.94% over the past twelve months and 77.84% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.98% and 17.68%, respectively. Additionally, shares of New Relic, which provides digital intelligence products worldwide, have a Relative Strength Index (RSI) of 50.95.

On October 23rd, 2017, research firm Needham initiated a 'Buy' rating on the Company's stock, with a target price of $69 per share. Sign up and read the free research report on NEWR at: http://dailystocktracker.com/registration/?symbol=NEWR

Automatic Data Processing 

On Monday, shares in Roseland, New Jersey headquartered Automatic Data Processing Inc. recorded a trading volume of 1.38 million shares. The stock ended the session 1.07% lower at $116.98. The Company's shares have advanced 34.21% over the last twelve months and 13.82% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.60% and 11.90%, respectively. Moreover, shares of the Company, which together with its subsidiaries, provides business process outsourcing services worldwide, have an RSI of 67.35. The complimentary research report on ADP can be downloaded at: http://dailystocktracker.com/registration/?symbol=ADP

Amdocs 

Chesterfield, Missouri headquartered Amdocs Ltd's shares closed the day 0.64% lower at $64.96. The stock recorded a trading volume of 489,090 shares. The Company's shares have gained 11.02% over the last twelve months and 11.52% since the start of the year. The stock is trading above its 50-day and 200-day moving averages by 0.73% and 2.99%, respectively. Additionally, shares of Amdocs, which through its subsidiaries, provides software and services solutions to the communications, entertainment, and media industry service providers worldwide, have an RSI of 43.46. Register for free on DailyStockTracker.com and access the latest report on DOX at: http://dailystocktracker.com/registration/?symbol=DOX

F5 Networks 

Shares in Seattle, Washington headquartered F5 Networks Inc. finished 1.28% lower at $119.63. The stock recorded a trading volume of 1.27 million shares, which was above its three months average volume of 754.17 thousand shares. The stock is trading above its 50-day moving average by 1.40%. Furthermore, shares of F5 Networks, which develops, markets, and sells application delivery networking products that optimize the security, performance, and availability of network applications, servers, and storage systems, have an RSI of 51.80.

On October 02nd, 2017, research firm Standpoint Research initiated an 'Accumulate' rating on the Company's stock, with a target price of $160 per share. Get free access to your research report on FFIV at: http://dailystocktracker.com/registration/?symbol=FFIV

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