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Research Reports Initiation on Application Software Stocks -- LINE Corp., Box, Shopify, and Zendesk

BOX, T.SHOP

PR Newswire

NEW YORK, November 7, 2016 /PRNewswire/ --

Stock-Callers.com draws investors' attention to four Application Software equities, namely: LINE Corp. (NYSE: LN), Box Inc. (NYSE: BOX), Shopify Inc. (NYSE: SHOP), and Zendesk Inc. (NYSE: ZEN). These companies belong to the Technology sector which was higher in afternoon trade on Friday, November 04, 2016, with shares of tech companies in the S&P 500 advancing almost 0.5%. Learn more about these stocks by downloading their free report at: http://stock-callers.com/registration

LINE Corp. 

Last Friday, shares in Tokyo, Japan-based LINE Corp. ended the session 3.32% lower at $38.43 with a total trading volume of 633,303 shares. The stock is trading 11.02% below its 200-day moving average. Shares of the Company, which develops and provides platform for mobile messaging and communication services, content distribution, and advertising in Japan and internationally, have a Relative Strength Index (RSI) of 25.17. The free research report on LN is available at: http://stock-callers.com/registration/?symbol=LN

Box Inc. 

Redwood City, California headquartered Box Inc.'s shares gained 0.93%, to close the day at $14.05. The stock recorded a trading volume of 779,062 shares. The Company's shares have advanced 14.32% in the previous three months and 0.64% on an YTD basis. The stock is trading 13.31% above its 200-day moving average. Additionally, shares of Box, which provides cloud-based mobile optimized enterprise content collaboration platform that enables organizations of various sizes to manage their enterprise content from anywhere, have an RSI of 38.27.

On November 04th, 2016, Box announced that it will report financial results for Q3 FY17, following the close of the market on November 30th, 2016. On that day, Box's management will hold a conference call and webcast at 2:00 p.m. PT to discuss Box's financial results and business developments. The complimentary report on BOX can be downloaded at: http://stock-callers.com/registration/?symbol=BOX

Shopify  

Shares in Ottawa, Canada headquartered Shopify Inc. recorded a trading volume of 935,821 shares at the close of the last trading session. The stock ended the day 3.12% lower at $39.15. The Company's shares have advanced 2.19% in the previous three months and 51.74% since the start of this year. The stock is trading above its 200-day moving average by 20.81%. Furthermore, shares of Shopify, which provides a cloud-based and multi-channel commerce platform for small and medium-sized businesses, have an RSI of 37.73.

On November 02nd, 2016, Shopify reported that total revenue in Q3 2016 was $99.6 million, an 89% increase from Q3 2015. The company's Gross Merchandise Volume ("GMV") for the reported quarter was $3.8 billion, an increase of 100% over Q3 2015. GMV processed through Shopify Payments grew to $1.5 billion, which accounted for 39% of GMV processed in Q3 2016. Shopify's net loss was $9.1 million, or $0.11 per share in Q3 2016, compared to $4.7 million, or $0.06 per share, for the third quarter of 2015. At September 30th, 2016, Shopify had $400 million in cash, cash equivalents, and marketable securities compared to $190 million on December 31st, 2015.

On November 02nd, 2016, research firm Monness Crespi & Hardt reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $48 a share to $50 a share. Visit us today and download our complete research report on SHOP for free at: http://stock-callers.com/registration/?symbol=SHOP

Zendesk  

San Francisco, California headquartered Zendesk Inc.'s stock finished Friday's session 0.13% lower at $22.91. A total volume of 1.47 million shares was traded, which was above their three months average volume of 899,680 shares. The Company's shares are trading below their 200-day moving average by 8.88%. Furthermore, shares of Zendesk, which provides software as a service customer service platform for organizations, have an RSI of 21.91.

On November 01st, 2016, Zendesk reported that revenue was $80.7 million for Q3 2016, an increase of 45% over the prior year period. GAAP net loss for Q3 2016 was $25.8 million, and GAAP net loss per share was $0.27. Non-GAAP net loss was $3.9 million, and non-GAAP net loss per share was $0.04. For Q4 2016, Zendesk expects to report:    revenue in the range of $86.0 million - 88.0 million and GAAP operating loss of $29.0 million - 30.0 million, which includes share-based compensation and related expenses of approximately $23.0 million and amortization of purchased intangibles of approximately $1.0 million.  Get free access to your technical report on ZEN at: http://stock-callers.com/registration/?symbol=ZEN

--

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