Company Shares of EPAM Systems (NYSE:EPAM) Rally 3.84%

EPAM Systems (NYSE:EPAM) has been under a strong bear grip, hence the stock is down -9.28% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.53% in the past 1 week. The stock has risen by 3.84% in the past week indicating that the buyers are active at lower levels, but the stock is down -7.81% in the past 4 weeks.

The company shares have dropped -12.71% from its 1 Year high price. On Dec 17, 2015, the shares registered one year high at $84.41 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $70.54 and the 200 Day Moving Average price is recorded at $71.24.

The stock has recorded a 20-day Moving Average of 2.88% and the 50-Day Moving Average is 7.25%.


EPAM Systems (NYSE:EPAM): stock turned positive on Friday. Though the stock opened at $63.83, the bulls momentum made the stock top out at $66.38 level for the day. The stock recorded a low of $63.55 and closed the trading day at $65.95, in the green by 4.52%. The total traded volume for the day was 700,133. The stock had closed at $63.1 in the previous days trading.

In an insider trading activity, The Securities and Exchange Commission has divulged that Fejes Balazs, officer (SVP/Co-Head of Global Business) of Epam Systems, Inc., had unloaded 5,000 shares at an average price of $75.23 in a transaction dated on June 1, 2016. The total value of the transaction was worth $376,150.

EPAM Systems, Inc. (EPAM) is a provider of software engineering solutions and information technology (IT) services. The Companys service offerings include Software Product Development Services, Custom Application Development Services, Application Testing Services, Enterprise Application Platforms, Application Maintenance and Support, and Infrastructure Management Services. EPAM provides Software Product Development Services to independent software vendors (ISVs) and technology companies. The Company offers Custom Application Development Services to businesses with application development needs. EPAM offers Application Testing Services for technology platforms and industries. The Companys Enterprise Application Platforms develops technology and business application platforms, and components. EPAM offers Application Maintenance and Support services through a team of IT professionals. The Companys Infrastructure Management Services covers the lifecycle of infrastructure management.

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