Boston, MA 05/24/2013 (wallstreetpr) – The share prices of Performance Technologies Inc. (NASDAQ:PTIX) continue to surge with the recent gain being 11.48 percent for the last trading session. The shares had increased by $0.14 to close at $1.36 for the end of last trading session. The shares traded in the range of $1.22 to $1.38 per share during the day. The 52 week low price level of Performance Technologies Inc. (NASDAQ:PTIX) is $0.73 per share and the 52 week high price level for the company is $2.35 per share.
Launch of software program
Performance Technologies Inc. (NASDAQ:PTIX) had recently launched its software program Portfolio Center Hosted for the registered Investment advisors. This program enables such investment advisors to access their data online from any location at any time in a protected and secure environment. In addition, the technology infrastructure and management of this software program is completely taken up by Performance Technologies Inc. (NASDAQ:PTIX), which thereby sheds the burden off the users.
The launch of the new software program had led the advanced network communications solutions provider to surge in share prices continuously for the past few trading sessions. Performance Technologies Inc. (NASDAQ:PTIX) provides software solutions to service providers, government institutions and other equipment manufacturer markets. The product portfolio of the company includes Internet protocol (IP)-centric network elements and applications designed for availability, scalability, and long life cycle deployments.
Performance Technologies Inc. (NASDAQ:PTIX) presently holds 11.12 million shares outstanding and the institutional ownership for the company is 46 percent of the holdings.
