Company Shares of Amber Road (NYSE:AMBR) Rally 2.53%

Amber Road (NYSE:AMBR) : Traders are bullish on Amber Road (NYSE:AMBR) as it has outperformed the S&P 500 by a wide margin of 15.86% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.23%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.53% in the last 1 week, and is up 17.73% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have rallied 14.08% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $8.27 and the one year low was seen on Nov 6, 2015. The 50-Day Moving Average price is $6.85 and the 200 Day Moving Average price is recorded at $5.33.

The stock has recorded a 20-day Moving Average of 10.11% and the 50-Day Moving Average is 30.68%.


Amber Road (NYSE:AMBR): stock turned positive on Friday. Though the stock opened at $7.95, the bulls momentum made the stock top out at $8.27 level for the day. The stock recorded a low of $7.8 and closed the trading day at $8.1, in the green by 2.79%. The total traded volume for the day was 689,033. The stock had closed at $7.88 in the previous days trading.

In an insider trading activity, The officer (VP, Global Sales), of Amber Road, Inc., Cooke Albert C Iii had unloaded 16,404 shares at $7 per share in a transaction on June 8, 2016. The total value of transaction was $114,828. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Amber Road, Inc. is a provider of a cloud-based global trade management (GTM) solution, which automates import and export processes to enable goods to flow across international borders. The Companys solution combines enterprise-class software, trade content sourced from Government agencies and transportation providers across 145 countries, and a global supply chain network connecting its customers with the trading partners, including suppliers, freight forwarders, customs brokers and transportation carriers. The Company offers GTM solution modules and services for import management, export management, china trade management, global logistics management, trade agreement management and professional services. Its GTM solution also includes a global supply chain network of pre-built connections to the customers trading partners.

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