Progress Software Stock Price on December 11, 2024

PRGS Stock  USD 68.90  0.73  1.05%   
Below is the normalized historical share price chart for Progress Software extending back to July 30, 1991. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Progress Software stands at 68.90, as last reported on the 13th of December 2024, with the highest price reaching 69.69 and the lowest price hitting 68.51 during the day.
IPO Date
30th of July 1991
200 Day MA
57.1676
50 Day MA
66.8052
Beta
0.92
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Progress Stock, it is important to understand the factors that can impact its price. Progress Software appears to be very steady, given 3 months investment horizon. Progress Software maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Progress Software, which you can use to evaluate the volatility of the company. Please evaluate Progress Software's Risk Adjusted Performance of 0.126, coefficient of variation of 606.21, and Semi Deviation of 0.818 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Progress Software's Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 1.9 B in 2024, whereas Common Stock Total Equity is likely to drop slightly above 370.2 K in 2024. . At this time, Progress Software's Price To Operating Cash Flows Ratio is comparatively stable compared to the past year. Price To Free Cash Flows Ratio is likely to gain to 16.79 in 2024, whereas Price Earnings Ratio is likely to drop 20.85 in 2024. Progress Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1457

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Estimated Market Risk

 1.94
  actual daily
17
83% of assets are more volatile

Expected Return

 0.28
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average Progress Software is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Progress Software by adding it to a well-diversified portfolio.
Price Book
6.9809
Enterprise Value Ebitda
15.5642
Price Sales
4.1758
Shares Float
42.5 M
Dividend Share
0.7

Related Headline

EPlus Headline on 11th of December 2024

Filed transaction by ePlus inc Officer Chief Financial Officer. Grant, award or other acquisition pursuant to Rule 16b-3

Progress Software Valuation on December 11, 2024

It is possible to determine the worth of Progress Software on a given historical date. On December 11, 2024 Progress was worth 69.17 at the beginning of the trading date compared to the closed value of 69.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Progress Software stock. Still, in general, we apply an absolute valuation method to find Progress Software's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Progress Software where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Progress Software's related companies.
 Open High Low Close Volume
  68.50    68.84    68.13    68.58    343,080  
12/11/2024
  69.17    69.75    68.39    69.25    536,219  
  69.05    69.70    68.70    69.63    200,255  
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Open Value
69.17
69.25
Closing Value
74.99
Upside

Progress Software Trading Date Momentum on December 11, 2024

On December 12 2024 Progress Software was traded for  69.63  at the closing time. The top price for the day was 69.70  and the lowest listed price was  68.70 . The trading volume for the day was 200.3 K. The trading history from December 12, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 0.55% . The trading delta at closing time against the current closing price is 0.12% .

Progress Software Fundamentals Correlations and Trends

By evaluating Progress Software's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Progress Software's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Progress financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Progress Software Stock history

Progress Software investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Progress is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Progress Software will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Progress Software stock prices may prove useful in developing a viable investing in Progress Software
Last ReportedProjected for Next Year
Common Stock Shares Outstanding40.2 M44.4 M
Net Income Applicable To Common Shares109.3 M114.8 M

Progress Software Stock Technical Analysis

Progress Software technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Progress Software technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Progress Software trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Progress Software Period Price Range

Low
December 13, 2024
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Progress Software cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Progress Software December 13, 2024 Market Strength

Market strength indicators help investors to evaluate how Progress Software stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Progress Software shares will generate the highest return on investment. By undertsting and applying Progress Software stock market strength indicators, traders can identify Progress Software entry and exit signals to maximize returns

Progress Software Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Progress Software's price direction in advance. Along with the technical and fundamental analysis of Progress Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Progress to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Progress Stock Analysis

When running Progress Software's price analysis, check to measure Progress Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progress Software is operating at the current time. Most of Progress Software's value examination focuses on studying past and present price action to predict the probability of Progress Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progress Software's price. Additionally, you may evaluate how the addition of Progress Software to your portfolios can decrease your overall portfolio volatility.