AppFolio Inc. (APPF) Soars 5.41% on December 18

AppFolio Inc. (APPF) Soars 5.41% on December 18

AppFolio Inc. (APPF) had a good day on the market for Tuesday December 18 as shares jumped 5.41% to close at $59.07. About 206,705 shares traded hands on 2,304 trades for the day, compared with an average daily volume of n/a shares out of a total float of 34.25 million. After opening the trading day at $56.56, shares of AppFolio Inc. stayed within a range of $59.18 to $56.30.

With today’s gains, AppFolio Inc. now has a market cap of $2.02 billion.

The stock has a P/E Ratio of 105.7. Shares of AppFolio Inc. have been trading within a range of $91.49 and $37.56 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

AppFolio Inc is a provider of industry-specific, cloud-based software solutions for small and medium-sized businesses (SMBs) in the property management and legal industries. Its property management software provides small and medium-sized property managers with an end-to-end solution to their business needs. The company’s products include cloud-based property management software (Appfolio Property Manager); rental syndication and lead tracking software (Rentlinx); and cloud-based legal practice management software (Mycase). It also offers value-added services, such as Website design and electronic payment services. Business activity of the firm is primarily functioned through the United States and it derives revenue from the source of subscription fees.

AppFolio Inc. is based out of Santa Barbara, CA and has some 672 employees. Its CEO is Jason Randall.

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