Wandisco Plc (NASDAQ:WANSF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

According to Zacks, “WANdisco plc involved in the development and provision of collaboration software. The Company offers active data replication which enables data editing to the cloud and on-premises data centers as well as provides data migration, disaster recovery and hybrid cloud solutions. It also offers cloud services, such as Amazon S3 active migrator, Google cloud active migrator, and Fusion hybrid cloud services as well as provides software maintenance services. WANdisco plc is based in Sheffield, the United Kingdom. “

Shares of Wandisco Plc (NASDAQ:WANSF) opened at 10.62 on Thursday. The stock has a 50 day moving average price of $9.53 and a 200-day moving average price of $7.11. Wandisco Plc has a 12 month low of $1.75 and a 12 month high of $10.75. The company’s market capitalization is $396.33 million.

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