Trading At Over Twice The 52 Week Low, AppFolio Inc (Nasdaq:APPF) Close At $81.75

AppFolio Inc (Nasdaq:APPF)

August 28th, 2018

AppFolio Inc fell $0.45 Tuesday, down 0.55%, closing at $81.75. While the stock did drop today, remember that it is still trading at 118% of its 52 week low of $37.56.

APPF was outperformed by the rest of the Information Technology sector which went up 0.15%.

Forecasts from 1 analyst indicates that AppFolio Inc might go down somewhat (-32%), while Finbox has calculated (with medium uncertainty) a fair value price of $46.49.

AppFolio Inc Info

AppFolio, Inc. provides industry-specific cloud-based software solutions for small and medium-sized businesses in the property management and legal industries. It offers AppFolio Property Manager, a cloud-based software solution for the real estate market that provides property managers of various sizes and tools and services designed to streamline their property management businesses, such as posting and tracking vacancies, leasing vacant properties, and accounting, as well as facilitating tenant, owner, and vendor communications. The company also provides MyCase, a legal practice and case management solution that provides managing calendars, contacts and documents, time tracking, billing and collections, and communicating with clients and sharing sensitive and privileged materials for solo practitioners and small law firms. In addition, it offers Value+ services, such as its Website design, electronic payment services, tenant screening, insurance, contact center, premium leads, and tenant debt collections services. As of December 31, 2017, the company served 11,708 property manager customers; and 9,349 solo practitioners and small law firms. AppFolio, Inc. was founded in 2006 and is headquartered in Santa Barbara, California.

All amounts in USD unless otherwise indicated

APPF daily update
APPF daily update

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