The stock of Technology One Limited (ASX:TNE) is a huge mover today! The stock increased 2.09% or $0.11 on November 18, hitting $5.37. About 334,676 shares traded hands. Technology One Limited (ASX:TNE) has risen 9.59% since April 22, 2016 and is uptrending. It has outperformed by 5.16% the S&P500.
The move comes after 5 months positive chart setup for the $1.59 billion company. It was reported on Nov, 18 by Barchart.com. We have $8.81 PT which if reached, will make ASX:TNE worth $1.02B more.
More notable recent Technology One Limited (ASX:TNE) news were published by: Fool.com.Au which released: “Why Technology One Limited shares keep crushing the market” on April 05, 2016, also Fool.com.Au with their article: “Why the Technology One Limited share price is up 4% today” published on May 24, 2016, Fool.com.Au published: “Is Technology One Limited the ultimate growth share?” on October 12, 2016. More interesting news about Technology One Limited (ASX:TNE) were released by: Wsj.com and their article: “China Presses Tech Firms to Police the Internet” published on November 18, 2016 as well as Profitconfidential.com‘s news article titled: “Marvell Technology Group Ltd.: MRVL Stock Has Legs” with publication date: November 18, 2016.
Technology One Limited is engaged in the development, marketing, sales, implementation and support of enterprise business software solutions. The company has a market cap of $1.59 billion. The Company’s divisions include Sales and Marketing, which includes sales of license fees and customer support; Consulting, which offers implementation and consulting services; Plus, which offers software development services for purpose built applications; Research and development, which includes the research, development and support of its products; Cloud, which includes delivery of cloud hosting services, and Corporate. It has a 49.91 P/E ratio. The Company’s enterprise business software solutions include TechnologyOne Financials, TechnologyOne Spatial, TechnologyOne Enterprise Asset Management, TechnologyOne Student Management, TechnologyOne Stakeholder Management and TechnologyOne Supply Chain.
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