AppFolio Inc (NASDAQ:APPF) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 11, 2016
Having a price of $18.78, AppFolio Inc (NASDAQ:APPF) traded -1.42% lower on the day. With the last stock price up 21.42% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. APPF has recorded a 50-day average of $18.97 and a two hundred day average of $15.47. Trade Volume was down over the average, with 9,593 shares of APPF changing hands under the typical 26,282
Zacks Investment Research has downgraded AppFolio Inc (NASDAQ:APPF) to Hold in a statement released on 10/11/2016.
On Friday May 13, 2016, Morgan Stanley released a statement about AppFolio Inc (NASDAQ:APPF) dropped the target price from $18.00 to $15.00 that suggested an upside of 0.20%.
Recent Performance Chart
AppFolio Inc has with a one year low of $11.07 and a one year high of $19.98 and has a market capitalization of $0.
A total of 2 brokerages have issued a ratings update on AppFolio Inc. One brokerage rating the company a strong buy, one brokerage rating the company a buy, two brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $16.00.
General Company Details For AppFolio Inc (NASDAQ:APPF)
AppFolio, Inc. is a provider of industry-specific, cloud-based software solutions for small and medium-sized businesses (SMBs) in the property management and legal industries. The Company's mobile-optimized software solutions enable its customers to work at any time and from anywhere across multiple devices. Its property management software provides small and medium-sized property managers with an end-to-end solution to their business needs. The Company's legal software provides solo practitioners and small law firms with a streamlined practice and case management solution, allowing them to manage their practices and case load. It also offers Value+ services, such as its professionally designed Websites and electronic payment services. The Company's property manager customers include third-party managers and owner-operators, managing single- and multi-family residences, commercial property and student housing, as well as mixed real estate portfolios.
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