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12/07/2023 16:00:00 EST
Pegasystems Inc (PEGA)
Industry: Software - Application
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 30 trading days, PEGA has been trading in a range between $52.99 and $38.11 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
PEGA is trading below resistance at $57.10, about 10% to the upside. There is support at $49.41 -5% to the downside. If it can break above the resistance, it could have some more upside. If the price starts to turn down and fails to get through this level or enters a yellow zone, we would consider profit taking or exiting the position. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
Pegasystems Inc (PEGA) entered a Green zone 26 days ago on the AI powered stock chart. Wall Street analysts have a recent rating of 3.500, which is a Buy. The current analyst target price is $48.71, which gives it a potential down side of -6.04 % from the recent price of 51.84. The stock is trading 14.18% (potential upside) below its 52 week high of $59.19 and 59.36 % (potential downside) above its 52 week low of $32.53 - based on the recent price.
Company Summary
Pegasystems Inc develops, markets, licenses, hosts, and supports enterprise software applications in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific. The company provides Pega Platform, an intelligent automation software for clients' processes and workflows; and Pega Infinity, a software platform that unifies customer engagement and digital process automation.
News
| What Makes Pegasystems (PEGA) a Strong Momentum Stock: Buy Now? Does Pegasystems (PEGA) have what it takes to be a top stock pick for momentum investors? Let's find out. Source: Zacks Investment Research Thu, 07 Dec 2023 13:32:16 -0500 Sentiment: Positive |
| INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Pegasystems Inc. and Encourages Investors to Contact the Firm LOS ANGELES, CA / ACCESSWIRE / December 6, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Pegasystems Inc. ("Pegasystems" or "the Company") (NASDAQ:PEGA) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Pegasystems board breached its fiduciary duties to shareholders. Source: Accesswire Wed, 06 Dec 2023 05:00:00 -0500 Sentiment: Neutral |
| SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Pegasystems Inc. and Encourages Investors to Contact the Firm LOS ANGELES, CA / ACCESSWIRE / December 4, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Pegasystems Inc. ("Pegasystems" or "the Company") (NASDAQ:PEGA) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the Pegasystems board breached its fiduciary duties to shareholders. Source: Accesswire Mon, 04 Dec 2023 07:00:00 -0500 Sentiment: Neutral |
| Pega to Present at Upcoming Investor Conference CAMBRIDGE, Mass., Nov. 22, 2023 /PRNewswire/ -- Pegasystems Inc. (NASDAQ: PEGA), the low-code platform provider empowering the world's leading enterprises to Build for Change®, today announced that Don Schuerman, CTO and VP of Product Marketing, Pega, will present at the upcoming Barclays Global Technology Conference (https://PP7DCKrYLwImP0LqIvlpQO?domain=cc.webcasts.com).The in-person Pega presentation is scheduled for Wednesday, December 6, 2023 at 12:45 p.m. Source: PRNewsWire Wed, 22 Nov 2023 16:05:00 -0500 Sentiment: Neutral |
| Pegasystems: FCF Performance Was Solid Pegasystems achieved strong revenue growth in Q3, driven by strength in term licenses. The company's profitability and free cash flow generation were strong in 3Q23. Pegasystems' focus on aligning spending with growth drivers and cost discipline positions it for margin expansion. Source: Seeking Alpha Tue, 21 Nov 2023 20:18:49 -0500 Sentiment: Positive |
Technicals 52 Week Hi: 59.1888 52 Week Low: 32.5279 Beta: 1.077 50 Day MA: 45.4284 200 Day MA: 47.0138 Earnings / Revenue Trends Qtr Earnings Growth YOY: 3.292 Qtr Revenue Growth YOY: 0.236 Forward PE: 22.6244 Trailing PE: 0