On May 21, 2014, Zoom Technologies, Inc. (NASDAQ:ZOOM) received a Nasdaq Staff Deficiency Letter indicating that, as a result of the Company not timely filing its Quarterly Report on Form 10-Q for the quarter ended March 31, 2014 (the “2014 Q1 Report”), the Company failed to comply with the periodic filing requirements for continued listing set forth in Rule 5250(c)(1) of the Nasdaq Listing Rules. Zoom Technologies Inc (NASDAQ:ZOOM) weekly performance is 9.19%. On last trading day company shares ended up $2.97. Analysts mean target price for the company is $8.00. Zoom Technologies Inc (NASDAQ:ZOOM) distance from 50-day simple moving average (SMA50) is -3.62%.
On June 13, Wireless Telecom Group, Inc. (NYSEMKT:WTT) announced that on June 11, 2014 its Board of Directors appointed Don C. Bell to serve as a member of the Company’s Board. Mr. Bell will also serve as a member of the Board’s Compensation Committee. Wireless Telecom Group Inc (NYSEMKT:WTT) shares fell -7.63% in last trading session and ended the day on $2.30 . Gross Margin is 47.20% and its return on assets is 9.10%. Wireless Telecom Group Inc (NYSEMKT:WTT) quarterly performance is -14.81%.
Ultra-High Speed Connectivity is a Milestone in NANOG’s Twenty-Year HistoryNTT Communications, Cisco and Cyan (NYSE:CYNI) announced that the three leading technology companies are collaborating and partnering with others to provide 100G IP connectivity to NANOG 61, taking place in Bellevue, WA, June 2-4. The North American Network Operators Group (NANOG), an association for Internet engineering and architecture professionals that focuses on the technologies and systems that make the Internet function, hosts NANOG meetings across North America three times per year. Cyan Inc (NYSE:CYNI) shares moved up 7.53% in last trading session and was closed at $4.14, while trading in range of $3.81 – $4.19. Cyan Inc (NYSE:CYNI) year to date (YTD) performance is -21.74%.
May 29, 2014 – Zhone Technologies, Inc. (NASDAQ:ZHNE) a global leader in fiber network access solutions (FTTx), announced a new deployment with ESCO Technologies, LLC that provides senior living facilities with state-of-the-art technology to enable better care and more independence for residents. According to The Fiscal Times, there are 76 million baby boomers in the U.S. and the youngest of those will start turning 50 this year. Zhone Technologies Inc (NASDAQ:ZHNE) ended the last trading day at $3.42. Company weekly volatility is calculated as 5.66% and price to cash ratio as 7.09. Zhone Technologies Inc (NASDAQ:ZHNE) showed a positive weekly performance of 7.21%.
On June 13, Aerohive Networks Inc (NYSE:HIVE) is challenging rivals such as Motorola (NYSE:MSI), Hewlett-Packard (NYSE:HPQ) and Juniper Networks (NYSE:JNPR) in the wireless networking equipment market as use of mobile devices explodes and companies look for better ways to manage usage growth. Aerohive Networks Inc (NYSE:HIVE) net profit margin is 3.60% and weekly performance is -10.67%. On last trading day company shares ended up $ -27.50. Analysts mean target price for the company is $13.60. Aerohive Networks Inc (NYSE:HIVE) distance from 50-day simple moving average (SMA50) is -7.87%.
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