NASDAQ: PRGS       Progress Software
Last Price Today's Change   Day's Range   Trading Volume
41.775   +0.125 (0.30%)  41.04 - 42.14  79,847


Avg Volume (4 weeks):386,905
4 Weeks Range:41.04 - 49.23
4 Weeks Price Volatility (%):
52 Weeks Range:28.08 - 49.23
52 Weeks Price Volatility (%):
Average Price Target: 29.00
Price Target Upside/Downside: -12.775


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Business Background

Progress Software Corporation is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. The firm operates in three segments: OpenEdge, which offers development software for building multi-language applications; Data Connectivity and Integration, which focuses on data integration components of its cloud offerings; and Application Development and Deployment, which focuses on growing application development assets for customers. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of the firm's revenue is generated in the United States, Europe, Middle East, and Africa (EMEA).

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