Interactive Intelligence Group (ININ) : Traders are bullish on Interactive Intelligence Group (ININ) as it has outperformed the S&P 500 by a wide margin of 26.38% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 23.68%, 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 23.6% in the last 1 week, and is up 30.63% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 26.46% and the 50-Day Moving Average is 28.56%. Interactive Intelligence Group Inc. is up 45.14% in the last 3-month period. Year-to-Date the stock performance stands at 71.71%.
Interactive Intelligence Group (NASDAQ:ININ): stock turned positive on Friday. Though the stock opened at $44.42, the bulls momentum made the stock top out at $54.81 level for the day. The stock recorded a low of $43.95 and closed the trading day at $53.95, in the green by 21.26%. The total traded volume for the day was 924,320. The stock had closed at $44.49 in the previous days trading.
Interactive Intelligence Group, Inc. is a provider of software and services for collaboration, communications and customer engagement. The Companys primary offering is its Customer Interaction Center (CIC) product suite, a multichannel communications platform that can be deployed on-premises or through the cloud as Communications as a Service (CaaS). The Company is engaged in the contact center market, where its software applications provide pre-integrated inbound and outbound communications functionality. The Company utilizes this same communications platform to provide solutions for unified communications, workforce optimization and business process automation. Its solutions are applicable in various industries, including tele-services, insurance, banking, accounts receivable management, utilities, healthcare, retail, technology, government and business services.