EPAY) Investor Investigation Over Prospective Breaches Of Fiduciary Duties

If you are a existing extended-term stockholder of shares of Bottomline Technologies (NASDAQ:EPAY), you have specific possibilities and you ought to contact the Shareholders Foundation, Inc. The stock has a consensus rating of Hold” and an average cost target of $40.90. According to Zacks, BOTTOMLINE TECH offers computer software that creates an e-business infrastructure for use by organizations and economic institutions to present invoices, make payments and conduct electronic banking. Bottomline Technologies ( NASDAQ:EPAY ) traded up .86% in the course of trading on Tuesday, hitting $28.15. 87,496 shares of the company’s stock traded hands. Bottomline Technologies has a 12-month low of $21.01 and a 12-month higher of $29.42. The stock’s market cap is $1.07 billion.

Bottomline Technologies (NASDAQ:EPAY) last released its quarterly earnings outcomes on Thursday, October 29th. Bottomline Technologies’s income for the quarter was up 1.9% on a year-more than-year basis. Analysts anticipate that Bottomline Technologies will post $1.56 earnings per share for the present fiscal year. A total of 18 funds opened new positions in Bottomline Technologies Inc and 55 increased their holdings.

Craig Hallum downgraded shares of Bottomline Technologies from a buy rating to a hold rating and cut their cost objective for the company from $31.00 to $28.00 in a study report on Friday, October 30th. Two research analysts have rated the stock with a hold rating, two have given a acquire rating and a single has issued a powerful acquire rating to the stock. Bottomline Technologies posted revenues of more than $300 million in its most current fiscal year the largest portion came from economic services-related business.

Bottomline Technologies ranked amongst the key commercial banking technology firms for its capacity to enable economic institutions to securely communicate, reconcile and manage information in economic documents within and among banks locally and internationally. Bottomline Technologies (Nasdaq: EPAY ) gives cloud-based payment, invoice and digital banking solutions to corporations, financial institutions and banks around the world. Organizations trust Bottomline to meet their demands for expense reduction, competitive differentiation and optimization of functioning capital.

Bottomline Technologies reported that its Total Income rose from $189.38 million for the 12 months period that ended on June 30, 2011 to $224.28 million for the 12 months period that ended on June 30, 2012. Shares of Bottomline Technologies (NASDAQ:EPAY) declined from as high as $29.35 per share in February 2012 to as low as $17.06 per share in early June 2012. Shares of Bottomline Technologies ( NASDAQ:EPAY ) traded up 1.02% during trading on Monday, hitting $26.68. The stock had a trading volume of 161,290 shares. Bottomline Technologies (NASDAQ:EPAY) final posted its quarterly earnings data on Tuesday, August 11th.