Modelling A.I. in Economics

Intapp Inc. Stock Rises on New Product Launch and Customer Acquisition

Intapp Inc. (NASDAQ: INTA), a provider of cloud-based software solutions for professional and financial services firms, has seen its stock price rise by 95.9% in the last year. The stock is currently trading at $38.94 per share.

There are a number of factors that have contributed to Intapp's stock performance. First, the company has been growing its revenue and earnings at a rapid pace. In the most recent quarter, Intapp's revenue grew by 29% year-over-year, and its earnings per share grew by 52% year-over-year.

Second, Intapp has been expanding its customer base. In the most recent quarter, Intapp added 100 new customers. The company now has over 2,200 customers in the United States, Europe, and Asia.

Third, Intapp has been investing in new product development. In the most recent quarter, Intapp launched a new product called Intapp DealCloud. Intapp DealCloud is a cloud-based software solution that helps professional and financial services firms to manage their deal flow.

Overall, Intapp is a well-positioned company with a strong track record of growth. The company's stock price is likely to continue to rise in the years to come.

Here are some additional details about Intapp's stock performance:

  • The stock's 52-week high is $47.04 per share.
  • The stock's 52-week low is $13.52 per share.
  • The stock's average volume is 631,824 shares per day.
  • The stock's market capitalization is $2.6 billion.
  • The stock has a beta of 1.31, which means that it is more volatile than the market as a whole.

Intapp's stock is a good investment for investors who are looking for a growth stock in the cloud-based software market. The company has a strong track record of growth, and it is well-positioned to continue to grow in the years to come.

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