Bottomline Technologies Given ‘Buy’ Rating By Canaccord Genuity Analysts (EPAY)

Bottomline Technologies (NASDAQ: EPAY)‘s stock had its buy” rating reiterated by equities analysis analysts at Canaccord Genuity in a investigation note issued to investors on Tuesday. The stock’s 50 day moving typical cost is $25.97 and its 200-day moving typical price tag is $26.95. Bottomline Technologies has a one year low of $21.01 and a 1 year high of $29.42. In other news, Director James L. Loomis sold 10,000 shares of the stock in a transaction on Friday, August 21st. Also, insider John Francis Kelly sold six,563 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an typical price tag of $26.27, for a total transaction of $172,410.01. Following the completion of the sale, the insider now directly owns 54,000 shares of the company’s stock, valued at roughly $1,418,580.

New Hampshire is property to an fascinating and thriving technology industry, and we’re proud to play a function in assisting raise awareness for the innovation and accomplishment being generated across the state,” said Rob Eberle, President and CEO of Bottomline Technologies. Founded in 1989, Bottomline maintains its corporate headquarters in Portsmouth, NH and international headquarters in Reading, England.

With Bottomline Technologies’ current announcement that it was picking up two SWIFT service bureaus (SSBs) – Sterci and Simplex – in one particular go, no matter whether or not consolidation in the marketplace is in the greatest interest of the consumers they serve becomes a topic of immediate concern. Bottomline Technologies (Nasdaq: EPAY) is a top international technology provider of Economic Resource Management (FRM) options.

Bottomline is creating a new international centre of excellence in financial messaging with a increasing solution range to support its buyers, to make them feel safe and confident” about their SWIFT connectivity, explains Hughes. With the new service, Bottomline buyers can now create the new SWIFT MT103+ format, streamlining the straight by means of processing of financial payments and qualifying transfers for less pricey bank charges. The Corporation’s typical shares are listed on the New York and Toronto stock exchanges (TSX: TOC NYSE: TOC). May include links to other websites not owned or managed by Bottomline Technologies.

For much more information, go to Bottomline on the Web at , or dial (800) 243-2528 or (603) 436-0700. For extra discussion of variables that could effect Bottomline Technologies’ monetary outcomes, refer to the Company’s Kind 10K filed September 2003, Kind 10Q filed May possibly 2003 and any lately filed Kind 8K’s. I worked at Bottomline for about 3 years, writing software program for them, and leaving the firm was the best decision I’ve ever created in my career. I would very recommend Bottomline Technologies to anyone looking for an thrilling, intriguing work atmosphere.