Zacks Investment Research downgraded Bottomline Technologies (NASDAQ:EPAY) to Sell in a report released today.
- Updated: October 16, 2016
Yesterday Bottomline Technologies (NASDAQ:EPAY) traded 0.14% higher at $22.24. The company’s 50-day moving average is $23.11 and its 200-day moving average is $24.08. The last stock close price is down -8.02% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 184,622 shares of the stock were exchanged, down from an average trading volume of 404,220
Zacks Investment Research has downgraded Bottomline Technologies (NASDAQ:EPAY) to Sell in a report released on Tuesday October 11, 2016.
Previously on 09/30/2016, RBC Capital Markets reported about Bottomline Technologies (NASDAQ:EPAY) raised the target price from $0.00 to $26.00. At the time, this indicated a possible upside of 0.12%.
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Bottomline Technologies has a 52 week low of $18.48 and a 52 week high of $31.58 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 4 firms have issued a research note on the company. The average stock price target is $28.00 with 1 broker rating the stock a strong buy, one analyst rating the stock a buy, 6 brokerages rating the company a hold, zero equity analysts rating the stock a underperform, and finally 0 equity analysts rating the company a sell.
Brief Synopsis About Bottomline Technologies (NASDAQ:EPAY)
Bottomline Technologies (de), Inc. is engaged in providing a set of cloud-based business payment, digital banking, fraud prevention, payment and financial document solutions. The Company helps businesses pay and get paid. It offers hosted or Software as a Service (SaaS) solutions, as well as software designed to run on-site at the customer's location. It operates through four segments: Payments and Transactional Documents, Hosted Solutions, Digital Banking and Other. The Payments and Transactional Documents segment is a supplier of software products that provide a range of financial business process management solutions, including making and collecting payments and generating and storing business documents. The Hosted Solutions segment provides customers with SaaS technology offerings. The Digital Banking segment provides solutions to banking and financial institution customers. The Other segment consists of its healthcare and cyber fraud and risk management operating segments.
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