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Enter Symbol:
 
GLOBALSCAPE INC (GSB) [hlAlert]

Rating:
Buy GSB
up 32.93 %

GLOBALSCAPE INC (GSB) rated Buy with price target $3.50 by Morgan Joseph

Posted on: Friday,  Mar 18, 2011  9:25 AM ET by Morgan Joseph

Morgan Joseph rated Buy GLOBALSCAPE INC (AMEX: GSB) on 03/18/2011, when the stock price was $2.52. Since
then, GLOBALSCAPE INC has gained 32.94% as of 08/27/2015's recent price of $3.35.
If you would have followed this Morgan Joseph's recommendation on GSB, you would have gained 32.93% of your investment in 1623 days.

GlobalSCAPE, Inc. develops, distributes and maintains secure managed file transfer (MFT) software for individuals and businesses to safely send files over the Internet, within an enterprise, or to business partners. The Company has also developed Wide-Area File System (WAFS) collaboration and Continuous Data Protection (CDP) software. These solutions further enhance the ability to share and backup files within the infrastructure of a Company?s wide area networks (WAN) and local area networks (LAN) at local network speeds. In addition, the Company announced Managed E-mail Attachment, and Software-as-a-Service, or SaaS, information sharing solutions. As of December 31, 2008, the Company had distributed over two million software licenses to its customer base, which includes individual consumers, small to medium-sized businesses, as well as some of the largest corporations.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/18/2011 9:25 AM Buy
None
2.52 3.50
as of 12/30/2011
1 Week down  -6.47 %
1 Month down  -19.69 %
3 Months up  2.58 %
1 YTD down  -36.90 %

(*) Stock Price at the time of the recommendation.
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