Shares of BroadVision, Inc. (NASDAQ:BVSN) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.74 and traded as high as $3.13. BroadVision shares last traded at $3.01, with a volume of 50,197 shares changing hands.
Separately, ValuEngine lowered shares of BroadVision from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd.
The business’s 50-day moving average price is $2.52 and its 200-day moving average price is $1.74.
In related news, major shareholder Esw Capital, Llc purchased 46,088 shares of BroadVision stock in a transaction dated Wednesday, September 18th. The stock was acquired at an average cost of $1.33 per share, with a total value of $61,297.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders bought 69,479 shares of company stock valued at $114,855 over the last three months. 34.50% of the stock is owned by insiders.
About BroadVision (NASDAQ:BVSN)
BroadVision, Inc develops, markets, and supports enterprise portal applications that enable companies to unify their e-business infrastructure and conduct interactions and transactions with employees, partners, and customers through a personalized self-service model. The company offers business agility suite, a portal that provides personalized views of information and processes; commerce agility suite, an e-commerce system for transacting business on the Web; Clearvale, an enterprise social network solution; Clear, a human resources management system; QuickSilver, a publishing system for large and complex documents; and Vmoso, a cloud application for conducting virtual enterprise communications, mobile workgroup collaborations, and social business engagements.
Further Reading: Net Asset Value
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