24.01.2017 13:35:00

Research Reports Initiation on Tech Stocks -- Symantec, Check Point Software Technologies, and Sysorex Global

NEW YORK, January 24, 2017 /PRNewswire/ --

Stock-Callers.com takes a closer look at the most recent performances of the following stocks: Symantec Corp. (NASDAQ: SYMC), Check Point Software Technologies Ltd (NASDAQ: CHKP), and Sysorex Global (NASDAQ: SYRX). These companies belong to the Security Software Services industry which provides services, such as consultation, installation, customization and maintenance of security products, to businesses and governments. Learn more about these stocks by downloading their free report at:

http://stock-callers.com/registration

Symantec  

Mountain View, California headquartered Symantec Corp.'s stock finished Monday's session 0.41% higher at $26.76 with a total trading volume of 5.43 million shares. The Company's shares have advanced 10.81% in the past month, 10.93% over the previous three months, and 12.01% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 8.48% and 21.84%, respectively. Furthermore, shares of Symantec, which together with its subsidiaries, provides cybersecurity solutions worldwide, have a Relative Strength Index (RSI) of 77.26.

On January 12th, 2017, Symantec announced that Xolphin, a Dutch market leader in reselling SSL Certificates, has signed on as a Symantec Encryption Everywhere partner in Europe, and is the first company to bring the program to the Benelux region. In March of 2016, Symantec announced its intent to help secure every legitimate website and web application. The free research report on SYMC is available at:

http://stock-callers.com/registration/?symbol=SYMC


Check Point Software Technologies  

Shares in Tel Aviv, Israel headquartered Check Point Software Technologies Ltd ended flat at $97.79. The stock recorded a trading volume of 1.94 million shares, which was above its three months average volume of 1.46 million shares. The Company's shares have gained 13.84% in the last one month, 26.84% over the previous three months, and 15.78% since the start of this year. The stock is trading 14.42% above its 50-day moving average and 19.94% above its 200-day moving average. Moreover, shares of Check Point Software Technologies, which offers software and combined hardware products and services for IT security worldwide, have an RSI of 83.76.

On January 19th, 2017, Check Point Software reported total revenue of $487 million in Q4 2016 compared to $458 million in Q4 2015. The Company posted GAAP operating income of $241 million in the reported quarter compared to $239 million in Q4 2015. Check Point Software for Q4 2016 reported GAAP net income of $222 million compared to $195 million in Q4 2015 and GAAP earnings per diluted share were $1.31 in the reported quarter compared to $1.08 in Q4 2015.

On January 20th, 2017, research firm First Analysis Sec upgraded the Company's stock rating from 'Equal-Weight' to 'Overweight', with a target price of $116 per share. The complimentary report on CHKP can be downloaded at:


http://stock-callers.com/registration/?symbol=CHKP


Sysorex Global  

At the close on Monday, shares in Santa Clara, California headquartered Sysorex Global recorded a trading volume of 459,265 shares. The stock finished 3.63% lower at $0.26. The Company's shares have gained 23.05% in the last one month, 30.65% in the previous three months, and 6.56% on an YTD basis. The stock is trading above its 50-day moving average by 7.70%. Furthermore, shares of Sysorex Global, which provides systems integration and consulting services to government and commercial clients in various industries worldwide, have an RSI of 51.60.

On January 17th, 2017, Sysorex announced that Soumya Das has joined the Company as Chief Marketing Officer. Based in Palo Alto, Das will lead Sysorex's global marketing organization, with a focus on building the Company's brand and introducing Sysorex's products to a growing customer base. Visit us today and download our complete research report on SYRX for free at:

http://stock-callers.com/registration/?symbol=SYRX

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