Company s 52-week low was at $4.39
Price action over last quarter: Up 75.79%
Company Overview
ChannelAdvisor Corp is a provider of Software-as-a-Service solutions for retailers and manufacturers. Its solutions enable clients to integrate and manage its merchandise sales across multiple online channels and are offered on the firm s cloud-based platform. These solutions include inventory availability, pricing optimization, and data analytics capabilities. The company derives revenue from subscription fees to its Software-as-a-Service platform, which is typically sold on an annual basis. A majority of the firm s revenue is generated in the United States, but it has a presence in countries across the world.
Is ChannelAdvisor (ECOM) Stock a Buy For 2021?
Artko Capital recently released its Q4 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 17.2% for the quarter, outperforming its benchmark, the S&P 500 Index which returned 12.2% in the same quarter. You should check out Artko Capital’s top 5 stock picks for investors to buy right now, which could be the biggest winners of this year.
In the Q4 2020 Investor Letter, Artko Capital highlighted a few stocks and ChannelAdvisor Corp (NYSE:ECOM) is one of them. ChannelAdvisor Corp (NYSE:ECOM) is an e-commerce company. In the last three months, ChannelAdvisor Corp (NYSE:ECOM) stock gained 41.9.2% and on February 3rd it had a closing price of $21.20. Here is what Artko Capital said: