Keynote Systems (NASDAQ: KEYN) was upgraded by analysts at B. Riley from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Thursday.
Keynote Systems, Inc. develops and sells technology solutions to measure, test, assure and improve service for Internet and mobile communications. The Company offers Internet test and measurement (Internet) software-as-a-service solutions, mobile test and measurement (Mobile) software-as-a-service and licensed solutions. The Company’s Internet category includes all of its geographically distributed on demand Website and transaction/application monitoring and measurement services, voice over Internet protocol (VoIP) and streaming measurement services, load testing services, customer experience management services, competitive research and industry scorecard services, and custom professional services. The Mobile category consists of its on-demand Mobile monitoring and testing services, the Company’s Global Roamer services and its SIGOS System Integrated Test Environment (SITE) systems.
Shares of Keynote Systems traded up 1.54% during mid-day trading on Thursday, hitting $19.18. Keynote Systems has a one year low of $15.88 and a one year high of $25.95. The stock’s 50-day moving average is $20.14 and its 200-day moving average is $21.41. The company has a market cap of $331.7 million and a P/E ratio of 6.49.
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