VERX stock analysis of August 10, 2020

Vertex, Inc.

  • VERX IPO: 2020-07-29
  • 15.41 (+1.04%)
  • 4.69B market cap
  • 650 trading days in total
  • VERX Latest trading day: 2023-02-23
  • NasdaqGM
  • Technology
  • Computer Software: Prepackaged Software
  • 1,100 full-time employees
24.58 close price
9 trading day
Previous trading day
2020-08-07

VERX stock Buy and Hold Potential More info

INVESTMENT at 2020-08-10 open
VERX open price was $25.19
1,000.00
Click to edit
HOLDING TIME
641 trading days
or
2 years 197 days
TODAY'S WORTH
As of 2023-02-23 close price ($15.41)
611.75
Click to edit
ROI: -38.82% (0.61x) – ANNU: -17.59% (0.82x)

August 10th, 2020 in VERX timeline More insights

9th
trading day out of 650
in entire VERX history
 
1.38%
Progress:
9 650
641
trading days after
(until the latest trading day)
Latest trading day: 2023-02-23
1432
days ago
or
3 years 337 days
Monday
33rd week in 2020
9th
trading day in 2020
6th
in 2020 August

VERX Dividends by August 10, 2020

We don't have any infomation about VERX dividends.
It seems that VERX have not paid any dividends in it's entire history.

VERX Stock Splits by August 10, 2020

We don't have any infomation about VERX stock splits.
It seems that VERX has not have any stock splits in it's entire history.

VERX Stock Price Ranges on August 10, 2020More insights

5D
50%
Price range 5D
Time period:
2020-08-04 to 2020-08-10
VERX close price: 24.58
Min: 22.95   Max: 26.22
+6.67%
Uptrend potential 5D
If you buy at VERX close price of 24.58 and sell it when it reaches previous max of 26.22
Time period:
2020-08-04 to 2020-08-10
-6.63%
Downtrend potential 5D
If you buy at VERX close price of 24.58 and sell it when it reaches previous min of 22.95
Time period:
2020-08-04 to 2020-08-10
Important dates of VERX stock
PREVNEXTATHATLIPOTODAY1YH1YLMLATERYLATER
Next trading day
2020-08-11

Pre-market

2020-08-07 close ⇢ 2020-08-10 open
-0.04%
  • #42 worst pre-market of 2020
  • 2020-08-07 closed at 25.20
  • 2020-08-10 opened at 25.19

Intraday

-2.42%
  • #5 worst intraday of 2020 August
  • #20 worst intraday of 2020
  • opened at 25.19 ⇢ closed at 24.58
  • highest at 25.31 ⇢
    +0.48%
  • lowest at 22.95 ⇢
    -8.89%
  • close-to-close ⇢
    -2.46%

Post-market

2020-08-10 close ⇢ 2020-08-11 open
-1.06%
  • #2 worst post-market of 2020 August
  • #11 worst post-market of 2020
  • 2020-08-10 closed at 24.58
  • 2020-08-11 opened at 24.32

VERX investment calculator

This calculator shows the potential of VERX stock.
Just pick a start date, end date and click Calculate.
Ticker:
VERX
Date start:
Date end:
Duration:
2 years 197 days
Trading days:
641
BUY
Your initial investment on 2020-08-10 open
1,000.00
Shares bought: 39.70
Stock price: 25.19
SELL
Value on 2023-02-23 close
611.75
NET: -388.25
ROI: -38.82% (0.61x)
Annualised: -17.59% (0.82x)
Stock price: 15.41
Duration: 2 years 197 days
Trading days: 641
 
HIGHEST VALUE
Value on 2021-02-19
1,576.42
NET: +576.42
ROI: +57.64% (1.58x)
Annualised: +136.50% (2.37x)
Stock price: 39.71
Duration: 193 days
Trading days: 133
LOWEST VALUE
Value on 2022-06-14
374.75
NET: -625.25
Max drawdown: -62.52% (0.37x)
Annualised: -41.28% (0.59x)
Stock price: 9.44
Duration: 1 year 308 days
Trading days: 467

VERX stock timeline

  • August 10, 2020 was 9th VERX trading day out of 650.
    • If we count from the first VERX trading day ( 2020-07-29 ) to the last one ( 2023-02-23 ), August 10, 2020 is at 1.38% of entire VERX stock history.
    • It means that there are at least 641 VERX trading days after August 10, 2020.
  • 2020-08-10 was 3 years 337 days OR 1432 days ago.
  • August 10, 2020 was Monday of 33rd week in 2020.
  • 2020-08-10 was 9th trading day in 2020  ⬤  6th trading day in 2020 August.

VERX Dividends

We have no records that VERX has paid any dividends in it's entire history.

VERX stock splits

We have no data that VERX has any stock splits in it's entire history.

VERX Price Ranges

This section shows the current VERX stock close price (24.58) in different time periods.
If you like buy low - sell high mindset, you should buy when the current price progress is less than 50% and sell it when it reaches more than 90%.

5 Days

2020-08-04 ⇢ 2020-08-10
Lowest value
22.95
2020-08-10
Highest value
26.22
2020-08-06
-6.63%
5 Days
Downtrend potential
If you buy VERX stock at current close price of 24.58 and sell it when it reaches 5 Days lowest value of 22.95, your loss would be -6.63%
49.85%
5 Days
Current progress
The current VERX stock close price of 24.58 is at 49.85% of 5 Days range
+6.67%
5 Days
Uptrend potential
If you buy VERX stock at current close price of 24.58 and sell it when it reaches 5 Days highest value of 26.22, your profit would be +6.67%
Current value
24.58
2020-08-10

Monthly Highs and Lows of VERX

This section shows lows and highs of VERX stock every month.
MonthTrading daysHighLowOpenCloseP/LMax P/LMin P/L
2023 February16
16.05
2023-02-03
13.47
2023-02-01
13.60
2023-02-01
15.41
2023-02-23
13.3118.01-0.96
2023 January20
15.03
2023-01-04
11.92
2023-01-20
14.66
2023-01-03
13.50
2023-01-31
-7.912.52-18.69
2022 December21
17.57
2022-12-01
14.00
2022-12-28
17.09
2022-12-01
14.51
2022-12-30
-15.102.81-18.08
2022 November21
19.30
2022-11-11
14.51
2022-11-22
18.32
2022-11-01
17.18
2022-11-30
-6.225.35-20.80
2022 October21
18.15
2022-10-28
13.20
2022-10-03
13.95
2022-10-03
18.02
2022-10-31
29.1830.11-5.38
2022 September21
15.28
2022-09-14
12.39
2022-09-01
13.52
2022-09-01
13.67
2022-09-30
1.1113.02-8.36
2022 August23
14.37
2022-08-15
10.71
2022-08-01
11.24
2022-08-01
13.68
2022-08-31
21.7127.85-4.72
2022 July20
12.21
2022-07-07
9.62
2022-07-13
11.29
2022-07-01
11.25
2022-07-29
-0.358.15-14.79
2022 June21
11.86
2022-06-24
9.44
2022-06-14
11.13
2022-06-01
11.33
2022-06-30
1.806.56-15.18
2022 May21
14.68
2022-05-02
9.81
2022-05-12
14.14
2022-05-02
11.06
2022-05-31
-21.783.82-30.62
2022 April21
16.49
2022-04-04
13.51
2022-04-28
15.25
2022-04-01
14.23
2022-04-29
-6.698.13-11.41
2022 March23
15.40
2022-03-31
12.61
2022-03-15
13.81
2022-03-01
15.34
2022-03-31
11.0811.51-8.69
2022 February20
14.64
2022-02-01
12.21
2022-02-24
14.51
2022-02-01
13.93
2022-02-28
-4.000.90-15.85
2022 January20
16.97
2022-01-03
12.65
2022-01-24
16.02
2022-01-03
14.51
2022-01-31
-9.435.93-21.04
2021 December22
19.00
2021-12-01
15.82
2021-12-31
18.90
2021-12-01
15.87
2021-12-31
-16.030.53-16.30
2021 November21
22.28
2021-11-11
17.66
2021-11-30
21.45
2021-11-01
18.28
2021-11-30
-14.783.87-17.67
2021 October21
21.04
2021-10-29
17.75
2021-10-15
19.26
2021-10-01
20.82
2021-10-29
8.109.24-7.84
2021 September21
21.07
2021-09-02
17.61
2021-09-28
20.80
2021-09-01
19.21
2021-09-30
-7.641.30-15.34
2021 August22
22.88
2021-08-30
17.81
2021-08-11
19.19
2021-08-02
20.70
2021-08-31
7.8719.23-7.19
2021 July21
22.28
2021-07-01
17.65
2021-07-19
21.95
2021-07-01
18.90
2021-07-30
-13.901.50-19.59
2021 June22
22.62
2021-06-30
17.54
2021-06-03
19.36
2021-06-01
21.94
2021-06-30
13.3316.84-9.40
2021 May20
20.69
2021-05-03
16.06
2021-05-13
20.48
2021-05-03
19.21
2021-05-28
-6.201.03-21.58
2021 April21
23.85
2021-04-06
19.39
2021-04-09
22.48
2021-04-01
20.43
2021-04-30
-9.126.09-13.75
2021 March23
33.46
2021-03-02
21.65
2021-03-30
31.83
2021-03-01
21.98
2021-03-31
-30.955.12-31.98
2021 February19
39.71
2021-02-19
30.74
2021-02-26
32.88
2021-02-01
30.75
2021-02-26
-6.4820.77-6.51
2021 January19
35.71
2021-01-04
29.30
2021-01-12
34.88
2021-01-04
32.85
2021-01-29
-5.822.38-16.00
2020 December22
37.68
2020-12-23
24.96
2020-12-01
25.33
2020-12-01
34.85
2020-12-31
37.5848.76-1.46
2020 November20
29.56
2020-11-09
23.86
2020-11-02
24.48
2020-11-02
25.24
2020-11-30
3.1020.75-2.53
2020 October22
27.75
2020-10-19
22.98
2020-10-01
23.25
2020-10-01
24.24
2020-10-30
4.2619.35-1.16
2020 September21
26.46
2020-09-01
21.32
2020-09-24
25.61
2020-09-01
23.00
2020-09-30
-10.193.32-16.75
2020 August21
29.69
2020-08-26
22.80
2020-08-03
23.58
2020-08-03
25.61
2020-08-31
8.6125.91-3.31
2020 July3
26.50
2020-07-29
21.11
2020-07-31
25.56
2020-07-29
23.56
2020-07-31
-7.823.68-17.41

VERX best and worst after-hours sessions

This section shows best and worst after-hours sessions of VERX in different timeframes.
  • Best days
  • Worst days
  • All-time
  • 10 years
  • 5 years
  • Year: 2020
  • Month: 2020 August
PositionDatePercentage
12020-08-111.78
22020-08-121.36
32020-08-060.93
42020-08-270.69
52020-08-130.25
No data to display.
No data to display.
PositionDatePercentage
12021-07-168.92
22022-05-097.74
32022-11-097.01
42021-12-286.17
52021-08-105.92
62022-12-124.56
72020-11-064.34
82023-02-084.04
92021-05-123.72
102021-02-263.51
112021-11-303.39
122021-03-103.34
132022-08-093.22
142021-05-133.13
152022-03-083.10
162021-08-053.08
172021-10-293.03
182021-07-022.55
192022-10-142.53
202021-03-082.43
212022-03-162.42
222022-01-252.37
232021-11-262.32
242022-02-142.27
252021-03-312.27
262021-01-152.15
272020-09-082.14
282022-07-262.13
292022-01-282.11
302022-05-122.11
312022-09-302.05
322021-12-062.05
332022-11-212.01
342022-10-171.99
352020-11-111.99
362022-06-231.99
372022-08-021.94
382022-09-261.94
392022-10-201.94
402022-11-141.92
412021-03-151.84
422022-05-191.82
432020-11-271.81
442021-03-291.79
452020-08-111.78
462021-12-151.75
472023-01-031.71
482021-01-221.71
492022-01-191.70
502022-10-311.66
512022-08-081.66
522022-07-181.66
532022-11-041.65
542022-06-141.61
552022-05-161.60
562020-11-121.59
572022-10-031.57
582020-11-161.57
592021-07-301.53
602023-01-251.52
612020-11-041.50
622022-01-181.45
632021-07-131.43
642022-04-111.41
652021-07-081.38
662022-03-281.38
672020-08-121.36
682022-04-141.34
692021-01-191.34
702020-09-091.33
712022-05-201.32
722022-11-031.29
732022-12-281.29
742020-09-011.29
752021-02-051.29
762021-07-151.26
772022-09-131.23
782021-05-061.21
792021-06-241.18
802022-12-201.18
812022-08-111.18
822021-02-121.16
832023-01-051.16
842022-06-031.15
852021-07-271.14
862022-07-061.12
872021-04-011.12
882020-09-291.12
892021-05-201.11
902022-03-141.10
912020-09-301.09
922021-04-131.08
932021-01-271.08
942021-05-141.08
952021-02-181.07
962022-02-071.07
972021-03-011.06
982021-08-201.04
992021-11-091.04
1002023-01-061.04
PositionDatePercentage
12020-08-04-1.09
22020-08-10-1.06
32020-08-28-0.89
42020-08-17-0.64
52020-08-20-0.42
PositionDatePercentage
12020-11-13-3.32
22020-09-04-2.96
32020-10-27-2.90
42020-10-01-2.72
52020-12-18-1.81
62020-09-02-1.52
72020-10-05-1.48
82020-09-23-1.37
92020-08-04-1.09
102020-10-23-1.08
112020-08-10-1.06
122020-12-23-1.06
132020-11-10-1.04
142020-11-18-0.97
152020-09-16-0.97
162020-10-14-0.90
172020-09-18-0.90
182020-08-28-0.89
192020-07-30-0.83
202020-10-29-0.82
212020-10-12-0.69
222020-08-17-0.64
232020-11-23-0.60
242020-11-19-0.46
252020-10-21-0.43
262020-08-26-0.42
272020-08-20-0.42
282020-09-22-0.36
292020-12-07-0.35
302020-10-20-0.27
312020-12-24-0.26
322020-12-14-0.25
332020-12-15-0.25
342020-09-28-0.22
352020-12-22-0.22
362020-08-19-0.20
372020-12-01-0.12
382020-11-09-0.11
392020-10-13-0.04
402020-12-08-0.04
412020-09-11-0.04
422020-08-07-0.04
432020-08-250.04
442020-08-210.04
452020-07-310.08
462020-12-040.08
472020-12-310.09
482020-10-160.11
492020-12-020.12
502020-09-170.13
No data to display.
No data to display.
PositionDatePercentage
12022-11-17-12.25
22021-03-09-7.26
32021-06-02-6.81
42023-01-04-5.62
52021-12-16-5.31
62021-10-01-5.25
72021-04-06-5.16
82022-09-15-3.99
92022-02-23-3.93
102022-06-15-3.88
112021-07-07-3.85
122022-07-13-3.71
132021-05-11-3.51
142022-09-12-3.48
152020-11-13-3.32
162022-11-08-3.29
172022-05-26-3.10
182020-09-04-2.96
192020-10-27-2.90
202022-01-21-2.82
212022-01-11-2.78
222022-08-04-2.75
232022-10-28-2.75
242022-03-09-2.75
252020-10-01-2.72
262021-09-17-2.68
272021-02-22-2.67
282021-01-26-2.66
292022-02-09-2.56
302022-10-12-2.54
312022-01-24-2.53
322022-12-29-2.49
332022-01-14-2.43
342022-01-20-2.42
352021-05-10-2.23
362022-05-06-2.22
372022-12-01-2.21
382021-11-12-2.17
392022-05-17-2.16
402022-10-06-2.12
412021-12-17-2.07
422021-11-15-2.05
432022-08-16-2.05
442023-02-02-2.02
452022-08-18-2.01
462021-04-29-2.00
472022-07-12-1.94
482023-02-17-1.88
492020-12-18-1.81
502021-03-03-1.81
512022-11-16-1.80
522021-05-18-1.77
532021-04-08-1.74
542022-11-11-1.73
552022-12-14-1.71
562022-06-10-1.69
572022-09-14-1.68
582022-09-28-1.68
592022-05-23-1.67
602022-12-02-1.67
612022-06-09-1.65
622022-09-16-1.65
632022-04-05-1.62
642022-11-18-1.58
652022-10-10-1.56
662020-09-02-1.52
672022-08-12-1.50
682022-02-04-1.50
692020-10-05-1.48
702023-01-27-1.43
712022-02-16-1.43
722021-11-24-1.41
732022-02-02-1.41
742021-07-23-1.39
752022-01-13-1.38
762020-09-23-1.37
772022-09-23-1.37
782022-03-15-1.37
792022-12-19-1.33
802023-02-15-1.31
812022-05-24-1.31
822022-05-02-1.31
832022-04-25-1.30
842021-05-17-1.30
852021-03-22-1.29
862022-07-07-1.27
872021-08-16-1.27
882021-03-17-1.25
892021-11-29-1.24
902023-02-09-1.22
912022-05-11-1.19
922022-03-17-1.19
932022-10-05-1.18
942022-08-31-1.17
952022-12-21-1.17
962021-01-05-1.16
972022-09-07-1.15
982021-03-24-1.14
992022-11-15-1.13
1002022-06-16-1.12

VERX best and worst intraday sessions

This section shows best and worst intraday sessions of VERX in different timeframes.
  • Best days
  • Worst days
  • All-time
  • 10 years
  • 5 years
  • Year: 2020
  • Month: 2020 August
PositionDatePercentage
12020-08-044.98
22020-08-214.81
32020-08-064.08
42020-08-243.85
52020-08-273.12
No data to display.
No data to display.
PositionDatePercentage
12022-08-1014.71
22020-12-1811.04
32023-02-0210.17
42021-09-169.98
52022-05-129.76
62021-04-139.45
72022-11-308.87
82022-01-248.78
92021-05-148.71
102021-12-178.35
112022-07-057.91
122022-11-107.83
132022-02-247.78
142022-08-087.28
152022-07-206.98
162021-05-176.76
172021-03-196.71
182020-12-106.53
192020-11-056.52
202023-02-036.50
212022-06-236.45
222021-01-156.39
232022-05-256.36
242022-05-136.28
252022-10-136.28
262021-01-226.22
272021-06-176.16
282022-10-046.03
292022-09-095.89
302020-10-025.81
312021-09-295.78
322020-09-045.73
332022-03-175.70
342021-06-225.69
352021-10-285.67
362020-12-175.62
372023-02-155.59
382023-01-275.55
392021-03-055.52
402021-03-265.49
412022-02-285.45
422021-02-095.17
432021-03-255.15
442022-09-085.11
452021-10-065.09
462021-01-285.08
472021-08-245.06
482020-08-044.98
492022-11-234.94
502022-06-244.88
512020-09-254.84
522020-08-214.81
532022-01-034.81
542021-08-134.80
552021-10-014.78
562021-02-184.75
572022-12-294.72
582021-03-154.70
592022-06-024.68
602021-02-124.65
612021-10-214.61
622021-08-274.58
632020-12-224.53
642022-06-214.53
652022-04-014.52
662021-02-024.44
672022-05-274.39
682020-11-174.37
692022-01-074.36
702022-01-214.33
712022-07-294.26
722021-04-094.21
732021-10-124.20
742020-08-064.08
752022-10-314.04
762020-10-054.01
772021-01-123.87
782020-08-243.85
792022-10-173.80
802020-12-303.77
812021-08-053.73
822022-06-173.71
832022-06-143.66
842022-09-073.66
852022-11-253.65
862022-05-043.53
872022-09-063.50
882022-05-193.50
892021-08-253.49
902021-11-163.43
912023-02-233.42
922022-05-203.41
932022-02-083.39
942022-01-143.39
952021-06-073.31
962020-10-123.31
972020-10-293.29
982020-12-143.27
992022-01-313.27
1002022-01-283.23
PositionDatePercentage
12020-08-31-8.34
22020-08-28-3.79
32020-08-07-3.08
42020-08-11-2.75
52020-08-10-2.42
PositionDatePercentage
12020-08-31-8.34
22020-11-09-7.31
32020-12-24-6.55
42020-07-29-6.38
52020-11-10-5.55
62020-09-02-5.50
72020-10-19-5.04
82020-11-30-4.39
92020-11-11-3.79
102020-08-28-3.79
112020-09-01-3.36
122020-08-07-3.08
132020-11-24-3.02
142020-10-26-2.77
152020-08-11-2.75
162020-09-03-2.70
172020-09-23-2.50
182020-12-28-2.47
192020-10-27-2.43
202020-08-10-2.42
212020-09-30-2.42
222020-09-11-2.33
232020-10-07-2.31
242020-11-18-2.23
252020-11-13-2.15
262020-09-09-1.97
272020-12-09-1.97
282020-07-31-1.83
292020-09-18-1.46
302020-10-28-1.39
312020-09-15-1.22
322020-08-25-1.20
332020-10-08-1.15
342020-10-21-0.77
352020-09-10-0.76
362020-09-16-0.74
372020-09-14-0.52
382020-08-13-0.45
392020-11-27-0.42
402020-10-23-0.42
412020-10-20-0.38
422020-08-03-0.34
432020-12-02-0.27
442020-12-11-0.15
452020-12-08-0.12
462020-09-28-0.09
472020-10-30-0.08
482020-12-290.03
492020-12-150.14
502020-12-310.14
No data to display.
No data to display.
PositionDatePercentage
12022-05-10-16.37
22021-03-10-13.34
32021-03-24-10.99
42022-05-11-10.97
52021-03-29-10.23
62023-02-06-9.31
72022-05-24-9.27
82021-12-29-8.67
92022-08-09-8.53
102020-08-31-8.34
112022-06-13-8.32
122022-01-05-8.23
132021-12-01-8.04
142021-01-20-7.58
152022-05-05-7.39
162020-11-09-7.31
172021-02-26-7.21
182022-03-14-7.06
192023-01-05-6.96
202021-01-11-6.67
212021-08-11-6.62
222020-12-24-6.55
232022-09-01-6.51
242021-10-15-6.51
252020-07-29-6.38
262021-01-26-6.31
272022-07-11-6.17
282021-07-19-6.12
292021-12-16-5.84
302021-07-02-5.84
312022-01-12-5.84
322021-02-25-5.79
332022-02-01-5.72
342020-11-10-5.55
352020-09-02-5.50
362021-11-22-5.46
372021-01-06-5.46
382022-11-14-5.44
392021-05-07-5.39
402022-11-04-5.27
412021-07-14-5.07
422020-10-19-5.04
432021-08-06-5.03
442021-05-05-5.03
452021-02-22-4.85
462021-03-04-4.85
472022-01-13-4.78
482022-11-01-4.75
492021-03-11-4.74
502023-01-06-4.73
512022-05-16-4.67
522021-12-28-4.45
532021-04-29-4.43
542021-08-30-4.43
552021-11-01-4.43
562020-11-30-4.39
572022-01-18-4.32
582021-08-31-4.26
592021-04-07-4.19
602021-10-14-4.15
612022-03-03-4.15
622021-03-16-4.03
632022-07-12-3.91
642022-04-21-3.83
652021-03-30-3.82
662021-05-12-3.81
672020-11-11-3.79
682020-08-28-3.79
692021-09-07-3.72
702022-09-22-3.69
712021-07-01-3.69
722021-04-05-3.67
732021-09-28-3.66
742021-01-19-3.64
752021-02-16-3.64
762022-05-31-3.57
772022-06-09-3.55
782022-07-22-3.51
792022-10-14-3.50
802022-08-11-3.49
812022-11-28-3.49
822021-09-10-3.46
832022-12-28-3.45
842022-05-03-3.42
852022-06-22-3.37
862020-09-01-3.36
872021-07-07-3.32
882021-05-20-3.29
892022-12-05-3.28
902021-07-12-3.16
912022-06-06-3.16
922022-10-07-3.15
932021-03-18-3.12
942021-10-04-3.09
952022-12-06-3.09
962020-08-07-3.08
972021-12-13-3.04
982021-03-02-3.02
992020-11-24-3.02
1002022-09-27-3.00
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VERX Logo, Vertex, Inc. Logo
VERX information
  • Full title
    Vertex, Inc.
  • First trading day
    2020-07-29
  • Last trading day
    2023-02-23
  • Total trading days
    650
  • Last close price
    15.41 (+1.04%)
  • Market cap
    4.69B
  • Stock Exchange
    NasdaqGM
  • Sector
    Technology
  • Industry
    Computer Software: Prepackaged Software
  • Full-time employees
    1,100
  • Description
    Vertex, Inc. provides tax technology solutions for corporations in retail, leasing, communication, and manufacturing industries in the United States and internationally. It offers tax determination, compliance and reporting, tax data management, document management, pre-built integration, and industry-specific solutions. The company sells its software products through software license and software as a service subscriptions. It also offers implementation and training services in connection with its software license and cloud subscriptions, transaction tax returns outsourcing, and other tax-related services. The company was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.
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