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Uptrend Call Working As Broadsoft Inc Stock Rises 34.9% (BSFT)

By James Quinn

SmarTrend identified an Uptrend for Broadsoft Inc (NASDAQ:BSFT) on June 1st, 2017 at $40.70. In approximately 14 months, Broadsoft Inc has returned 34.89% as of today's recent price of $54.90.

Over the past year, Broadsoft Inc has traded in a range of $41.50 to $55.05 and is now at $54.90, 32% above that low. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has remained constant.

BroadSoft, Inc. is a global provider of software that enables fixed-line, mobile and cable service providers to deliver voice and multimedia services over their internet protocol-based, or IP-based, networks. The Company's software enables customers to provide enterprises and consumers with a range of cloud-based, hosted, and IP multimedia communications.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Broadsoft Inc shares.

Log in and add Broadsoft Inc (BSFT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights broadsoft inc

Ticker(s): BSFT