Bullish Movements at NASDAQ Business Software Industry: (TIBX, QLIK, SAPE, CTSH, CTXS)

Tibco Software Inc. (NASDAQ:TIBX) jumped up by 1.28% and closed at $27.60 whereas overall traded volume stood at 3.43 million shares for the day. The company stands in profit with the profit margin of 10.72%. The company is in highly profitability with ROE of 10.21%.

Qlik Technologies Inc (NASDAQ:QLIK) moved up by 3.85% to close at $27 with total traded volume of 3.11 million shares in the last trading day as compare to its average volume stood at 1.15 million. Its price to earnings ratio stands at 192.86 times till its last trading session.

Sapient Corporation (NASDAQ:SAPE) closed at $11.66 after surging by 1.83% whereas traded volume stood at 2.34 million shares for the day. Its outstanding share stood at 137.01 million. Its total market capitalization arrived at $1.60 billion.

Cognizant Technology Solutions Corp. (NASDAQ:CTSH) gained by 1.24% to close at $82.41 with overall traded volume of 1.74 million share in the last trading day. The company maintains strong short term liquidity position with current ratio of 3.78 times. The company is in highly profitability with ROE of 23.52%.

Citrix Systems, Inc. (NASDAQ:CTXS) jumped up by 2.45% and closed at $75.26 whereas total traded volume stood at 3.22 million shares for the day. The current market price is 9.71% more than its last 50 days simple moving average. The RSI value of 66.64 times depicts that the current share value is in overbought level.