Pacific Crest issued a report on SPS Commerce (NASDAQ:SPSC), raising its target price to $85.00 earlier today
- Updated: September 29, 2016
Yesterday SPS Commerce (NASDAQ:SPSC) traded -0.63% lower at $73.65. SPS Commerce’s 50-day moving average is $67.95 and its 200-day moving average is $56.97. The last closing price is up 29.28% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 107,693 shares of the stock were exchanged, down from an avg. volume of 157,619
Reporting a possible upside of 0.15%, Pacific Crest increased the target of SPS Commerce (NASDAQ:SPSC) to $85.00
With a total market value of $0, SPS Commerce has price-earnings ratio of 263.04 with a one year low of $38.35 and a one year high of $78.29 .
Brief Synopsis About SPS Commerce (NASDAQ:SPSC)
SPS Commerce, Inc. is a provider of cloud-based supply chain management solutions. The Company provides integrations and retail performance analytics across the world. The Company provides its solutions through the SPS Commerce platform, a cloud-based product suite that enables suppliers, retailers, distributors and other customers to place, manage and fulfill orders. Its platform consists of a set of coupled cloud services. Its fulfillment product combines integrations that comply with various rule books for retailers and distributors. By maintaining integrations with retailers, the Company's platform removes the need for suppliers to continually stay up-to-date with the rule book changes required by retailers. The SPS Commerce cloud services platform offers a range of solutions, including Trading Partner Fulfillment, Trading Partner Analytics, Trading Partner Assortment, Trading Partner Sourcing, Trading Partner Community Development and Other Trading Partner Solutions.
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