Progress Software traded at $27.81 this Friday May 15th, increasing $1.01 or 3.77 percent since the previous trading session. Looking back, over the last four weeks, Progress Software gained 6.74 percent. Over the last 12 months, its price fell by 55.94 percent. Looking ahead, we forecast Progress Software to be priced at 29.25 by the end of this quarter and at 27.47 in one year, according to Trading Economics global macro models projections and analysts expectations.
Progress Software Corporation provides software products to develop, deploy and manage business applications. Its product category includes digital experience, Devops, Infrastructure Monitoring, UI/UX Tools, Secure File Transfer, Secure Data Connectivity and Integration, Mission- Critical App Platform and Intelligent Decisioning. Its services consist of consulting, education, modernization and outsourcing. Its products are sold as perpetual licenses and its cloud-based offerings use a subscription-based model. Its indirect channel partners are independent software vendors (ISVs), original equipment manufacturers (OEMs), distributors and resellers. It operates in the North America and Latin America (the Americas), Europe, the Middle East and Africa (EMEA) and the Asia Pacific region, through local subsidiaries as well as independent distributors.