DragonWave Inc (USA) (NASDAQ:DRWI) a supplier of packet microwave radio systems for mobile and access networks, announced on Monday the opening of a service and repair centre in Delhi, India. This centre will be supported by DragonWave’s joint venture DragonWave Inc (USA) (NASDAQ:DRWI) HFCL and will provide full, in-country repair service and support for DragonWave’s entire product portfolio. DragonWave, Inc. (USA) (NASDAQ:DRWI) net profit margin is -49.60% and weekly performance is -14.06%. On last trading day company shares ended up $1.10. Analysts mean target price for the company is $1.68. DragonWave, Inc.(USA) (NASDAQ:DRWI) distance from 50-day simple moving average (SMA50) is -20.44%.
Parametric Sound Corp (NASDAQ:HEAR) CEO Juergen M. Stark bought 40,000 shares of the stock in a transaction that occurred on Wednesday, May 14th. The shares were purchased at an average price of $8.77 per share, for a total transaction of $350,800.00. Following the completion of the acquisition, the chief executive officer now directly owns 40,000 shares in the company, valued at approximately $350,800. Parametric Sound Corp (NASDAQ:HEAR) shares advanced 1.89% in last trading session and ended the day on $9.15. HEAR Gross Margin is 40.00% and its return on assets is -159.00%. Parametric Sound Corp (NASDAQ:HEAR) quarterly performance is -39.36%.
Zhone Technologies, Inc. (NASDAQ:ZHNE) unveiled seven ways fiber-based passive optical LAN solutions can improve enterprise communications. “Optical LAN solutions like Zhone Technologies, Inc. (NASDAQ:ZHNE)`s FiberLAN enable the enterprises to maximize bandwidth while condensing space requirements and lower cabling costs,” said Brian Caskey, chief marketing officer at Zhone Technologies, Inc. (NASDAQ:ZHNE). “Ultimately, the cost-effective solution allows providers to deliver the reliable, high-speed connections necessary while using technology that won`t require costly infrastructure upgrades.” Zhone Technologies Inc (NASDAQ:ZHNE) shares moved up 4.80% in last trading session and was closed at $2.62, while trading in range of $2.38 – $2.67. Zhone Technologies Inc (NASDAQ:ZHNE) year to date (YTD) performance is -50.94%.
Wireless Telecom Group, Inc. (NYSEMKT:WTT) announced results for the first quarter ended March 31, 2014. For the quarter ended March 31, 2014, the Company reported net sales of $9,185,000, compared to $6,797,000 for the same period in 2013, an increase of 35%. Net sales in the Network Solutions segment were $6,390,000, compared to $3,794,000 for the same period in 2013, an increase of 68%. Net sales in the Test and Measurement segment were $2,795,000, compared to $3,003,000 for the same period in 2013, a decrease of 7%. Wireless Telecom Group Inc (NYSEMKT:WTT) ended the last trading day at $2.48. Company weekly volatility is calculated as 5.95% and price to cash ratio as 2.87. Wireless Telecom Group Inc (NYSEMKT:WTT) showed a negative weekly performance of -3.12%.
Leave a Reply