JMP Securities downgraded Apigee (NASDAQ:APIC) from Mkt Outperform to Mkt Perform in a statement released earlier today.
- Updated: October 10, 2016
Yesterday Apigee (NASDAQ:APIC) traded -0.06% lower at $17.38. Apigee’s 50-day average is $16.74 and its 200-day moving average is $12.57. The last closing price is up 38.18% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Trade Volume was down over the average, with 146,698 shares of APIC changing hands under the typical 321,260
JMP Securities has downgraded Apigee (NASDAQ:APIC) from Mkt Outperform to Mkt Perform in a report released on 10/10/2016.
Previously on 9/20/2016, Zacks Investment Research released a statement about Apigee (NASDAQ:APIC) upped the target price from $0.00 to $19.00 that suggested an upside of 0.09%.
Recent Performance Chart
Apigee has one year low of $5.35 and a one year high of $17.84 and has a total market value of $0.
General Company Details For Apigee (NASDAQ:APIC)
Apigee Corporation (Apigee) is engaged in providing a software platform that allows businesses to design, deploy, and scale application program interfaces (APIs), as a connection layer between their core information technology (IT) systems and data and the applications, with which their customers, partners, employees and other users engage with the business. The Company's platforms include Apigee Edge, an API-management solution, and Apigee Insights, the Company's predictive analytics software solution. The Company delivers its platform both in the cloud and on premises. It has designed a security solution to enable security at all points of engagement, from users, applications, developers, the API team, the APIs themselves to the back-end systems. It enables organizations to control access to APIs and services, and to protect customers and the business from threats, backend system overload, service issues and data exposure.
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