All Penny Stocks.com News: SofTech Moves Sharply Higher on Agreement with Essig Research

Mississauga, ON -- (SBWIRE) -- 08/24/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "SofTech Moves Sharply Higher On Agreement With Essig Research."

Companies mentioned in this article include Apple Inc. (NASDAQ:AAPL) and SofTech Inc. (OTCQB:SOFT).

Article Excerpt:

The Technology sector has edged lower in trading today, tracking losses in the broader market. It has been a mixed year for the Technology sector so far.

The sector fell sharply at the start of this year amid a sell-off in risk assets. However, it has bounced back sharply since. Indeed, year-to-date, the Tech sector is now up more than 5%. The sector though is still underperforming the S&P 500, which is up nearly 10% for the year so far.

In the last three months though, the Technology sector has outperformed the broader market. The sector has gained almost 10% in the last three months, compared to a gain of over 5% for the S&P 500. The sector's gains in the last three months have been driven by some solid earnings from tech companies in the recent earnings season. A sharp recovery in Apple Inc. (NASDAQ:AAPL) from its May lows has also helped the sector get its groove back.

One of the major movers in the technology sector in trading today is SofTech Inc. (OTCQB:SOFT). Based in Lowell, Massachusetts, SofTech is engaged in the development, marketing, distribution and support of computer software solutions that allow companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company's service offerings include consulting, training and discrete engineering services.

The full version of this article can be found at:
http://www.allpennystocks.com/aps_us/special-reports/666/softech-moves-sharply-higher-on-agreement-with-essig-research.htm

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