Zacks Investment Research cut shares of Wandisco Plc (NASDAQ:WANSF) from a buy rating to a hold rating in a research note released on Friday morning.

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. “

Wandisco Plc (WANSF) remained flat at $8.40 on Friday. Wandisco Plc has a 12-month low of $1.75 and a 12-month high of $10.05. The firm’s 50 day moving average price is $9.57 and its 200-day moving average price is $6.98. The company’s market capitalization is $313.48 million.

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