Current Price: $147.97
Entry Point: $149.50
Target Price: $161
Projected Yield: 7.7%
Time Line: 1 to 3 weeks
Everbridge, Inc. works on software solutions for the apps used for critical event management and business security. These apps automate and speed up the way the companies react to various events.
What's the Idea?
The stock has gone up in the light of the news, and is now near the entry point with a potential growth of 7.7%.
Why is it rising?
● Everbridge is launching the first desktop connectivity hub in the industry. Integrated into the leading critical event management platform, Everbridge Control Center will enable the companies to combine multiple data sources, including those coming from the Internet of Things, in order to provide more robust and faster protection from COVID-19 to the employees.
● The US Nuclear Regulatory Commission officially authorized Everbridge business. Critical Event Management event has currently over 600M messages delivered for protection against COVID-19.
● Technically, the stock is going up, leaving a symmetric triangle, which may mean the uptrend is still here to stay.
How to Buy Everbridge Stock
There are two ways to do that:
Freedom24 Web Platform: Go to the Web Terminal Section, type Everbridge or EVBG (Everbridge Inc NASDAQ ticker) in the search box, and select EVBG.US in the results. Open a secure session in the trading window on the right, select the number of shares you want to buy, and click Buy.
Freedom24 iPhone App: Go to the Price screen and tab the search icon in the top right corner. In the search box that shows up, type Everbridge or EVBG (Everbridge Inc NASDAQ ticker) and select EVBG.US in the results. You will then see Everbridge stock in the market watch; tap it and go to the Order tab in the dialog that shows up. Specify the number of shares you want to buy and click Buy.
Everbridge is trading in the NASDAQ, a US stock exchange, which means you need US dollars to buy it. If your account currency is different, you need to convert your funds to USD. To do so, go to Web Platform > Account Balance in the trading platform, or select My Portfolio > Free Margin in your Member Area. Then, click the Convert green button near the USD box, specify the amount, and confirm your transaction. You can find more on converting currencies through Freedom24 web platform here.
You can also convert euros to US dollars via the Freedom24 app: go to Portfolio, select Currency Exchange, specify the amount, and confirm your transaction.
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