GlobalSCAPE, Inc. (GSB) Can’t Burn Your Long Portfolio. Has Another Strong Session

September 17, 2017 - By Darrin Black

The stock of GlobalSCAPE, Inc. (NYSEMKT:GSB) is a huge mover today! The stock increased 4.77% or $0.18 on September 15, reaching $3.95. About 113,624 shares traded or 12.01% up from the average. GlobalSCAPE, Inc. (NYSEMKT:GSB) has risen 40.31% since September 17, 2016 and is uptrending. It has outperformed by 23.61% the S&P500.
The move comes after 9 months positive chart setup for the $85.21 million company. It was reported on Sep, 17 by Barchart.com. We have $4.15 PT which if reached, will make NYSEMKT:GSB worth $4.26 million more.

More notable recent GlobalSCAPE, Inc. (NYSEMKT:GSB) news were published by: Businesswire.com which released: “SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of GlobalSCAPE …” on September 12, 2017, also Bizjournals.com with their article: “Globalscape doing internal investigation over revenue, ‘side agreements’ with …” published on August 08, 2017, Businesswire.com published: “GlobalSCAPE, Inc.’s Enhanced File Transfer (EFT) Update Delivers Additional …” on August 29, 2017. More interesting news about GlobalSCAPE, Inc. (NYSEMKT:GSB) were released by: Businesswire.com and their article: “GlobalSCAPE, Inc. Recognized for Cloud Computing, File Transfer and Compliance …” published on September 12, 2017 as well as Bizjournals.com‘s news article titled: “Class-action lawsuit filed against Globalscape” with publication date: August 09, 2017.

GlobalSCAPE, Inc. provides secure information exchange capabilities for enterprises and clients through the development and distribution of software, delivery of managed and hosted solutions, and provisioning of associated services. The company has market cap of $85.21 million. The Company’s primary product is Enhance File Transfer . It has a 20.02 P/E ratio. The Company’s software services and products include Managed File Transfer Solutions (MFT), Secure Content Mobility Solutions, Wide Area File Services (WAFS), Managed E-Mail Attachment Solution, Consumer-Based File Transfer Solution and professional services.

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