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Byline: Trang Ho
Citrix Systems is pennies away from clearing a 52-week high after the stock successfully tested its 10-week moving average.
The company makes "on demand" software that can be accessed from multiple locations via the Internet. One of its most popular products is GoToMyPC, which users pay $20 a month for remote access to their computers.
Citrix's earnings per share rose 21% to 35% the last four quarters. Thomson First Call's consensus sees earnings growing 7% to 31 cents a share for Q4 2005.
Sales growth ranged from 6% to 36% the past eight ...