NASDAQ:EVOL - Nasdaq - US30049R2094 - Common Stock
Gainers MedAvail Holdings, Inc. (NASDAQ: MDVL) shares surged 69.4% to close at $2.44 on Thursday. Ally Bridge Group recently reported a purchase of 21.176 million shares of...
MANCHESTER, United Kingdom, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Evolving Systems, a leader in real-time digital engagement, has announced a strategic...
Rising Treasury yields, an unexpected increase in jobless claims, and looming interest rate hikes have led to a declining stock market in 2022. Technology stocks have been especially hit hard in the past few weeks. However, given the industry’s long-term growth prospects, it could be wise to scoop up these four stocks under $10: Brightcove (BCOV), Information Services (III), RCM Technologies (RCMT), and Evolving Systems (EVOL).
ENGLEWOOD, Colo., Jan. 05, 2022 (GLOBE NEWSWIRE) -- Evolving Systems Inc. (Nasdaq: EVOL), the leader in real-time digital engagement solutions and...
ENGLEWOOD, Colo., Dec. 08, 2021 (GLOBE NEWSWIRE) -- Evolving Systems, Inc. (NASDAQ: EVOL), a leader in real-time digital engagement, has announced a...
Digitization is driving the software market’s growth. However, advertising software start-up Phunware (PHUN), which is linked to former President Donald Trump, does not look financially fit enough to capitalize on the industry tailwinds. Therefore, we think it could be worth betting instead on software stocks Rimini Street (RMNI), NetSol (NTWK), Evolving Systems (EVOL), and SilverSun (SSNT). These stocks are currently trading at less than $10 but possess strong fundamentals. So, read on.
ENGLEWOOD, Colo., Nov. 17, 2021 (GLOBE NEWSWIRE) -- Evolving Systems, Inc. (NASDAQ: EVOL), a leader in real-time digital engagement solutions and...
ENGLEWOOD, Colo., Nov. 10, 2021 (GLOBE NEWSWIRE) -- Evolving Systems, Inc. (NASDAQ: EVOL), a leader in real-time digital engagement, today reported...
ENGLEWOOD, Colo., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Evolving Systems, Inc. (NASDAQ: EVOL), a leader in real-time digital engagement solutions and...
Cellcard’s Gamified Loyalty Program, Cellcard Club, Recognized for Innovation...
Proposed Transaction Expected to Result in Debt Free Balance Sheet with approximately $37.5 Million Cash at Closing...
A growing reliance on cloud platforms and the continued automation of business processes across several industries are expected to fuel the demand for software services. Also, increased IT spending should continue to drive the software industry’s growth. Therefore, we think software stocks NetSol Technologies (NTWK) and Evolving Systems (EVOL), which are currently trading at reasonable valuations considering their strong growth potential, are solid picks. Read on.
Mentions: NTWK
Rebounding investor interest in the technology industry due to rising demand for technology solutions with the resurgence of COVID-19 cases in several countries and the ongoing digital transformation should help tech stocks deliver solid returns in the coming months. However, because current market volatility might cause high-priced tech stocks to suffer a correction in the near term, we think it could be wise to bet on low-priced stocks whose companies are equipped to cash in on the industry tailwinds. Lantronix (LTRX), NetSol (NTWK), and Evolving Systems (EVOL) are currently trading below $5 in price but have been rated B (Buy) by our proprietary rating system. So, let’s pore over these names.
The ongoing digital transformation and automation in almost every industry should keep driving the growth of the software industry. Given this backdrop, we think lower-priced stocks Rimini Street (RMNI) and Evolving Systems (EVOL) could be attractive investment bets. So, let’s take a closer look at these names.