Apigee Corporation (APIC) Shares are Down -0.06%

Apigee Corporation (APIC) has risen sharply, recording gains of 16.72% in the past 4 weeks. However, the stock has corrected -0.06% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 19.14% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 8.08% and the 50-Day Moving Average is 22.89%.The 200 Day SMA reached 68.81% Apigee Corporation is up 38.71% in the last 3-month period. Year-to-Date the stock performance stands at 116.44%.


Apigee Corporation (APIC) : 4 Wall Street analysts covering Apigee Corporation (APIC) believe that the average level the stock could reach for the short term is $15.7. The maximum price target given is $18 and the minimum target for short term is around $10, hence the standard deviation is calculated at $3.81.

For the current week, the company shares have a recommendation consensus of Buy. Apigee Corporation (NASDAQ:APIC): stock was range-bound between the intraday low of $17.35 and the intraday high of $17.43 after having opened at $17.41 on Fridays session. The stock finally closed in the red at $17.41, a loss of -0.17%. The stock remained in the red for the whole trading day. The total traded volume was 1,533,186 shares. The stock failed to cross $17.43 in Fridays trading. The stocks closing price on Thursday was $17.38.

Apigee Corporation (Apigee) is a provider of an application program interface (API)-based software platform that enables digital connectivity and business insights. The Companys platform allows businesses to design, deploy and scale APIs as a connection layer between its information technology (IT) systems and data and the applications with which its customers, partners, employees and other users engage with its business. The Companys platform consists of following products: Apigee Edge, Apigee Insights, Apigee Developer and Apigee Link. Its Apigee Edge provides a solution that addresses the entire digital value chain by eliminating the need to integrate disparate point solutions. Its Apigee Insights delivers predictive analytics. The Apigee Developer consists of Apigee Edge Trial and two open source products, such as Apigee 127 and Apigee Zetta. Apigee Link is the Companys Internet of things (IoT) platform for connecting devices to the Internet.

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