Diversified Communication Volatile Stocks: Voltari Corp (NASDAQ:VLTC), MER Telemanagement Solutions (NASDAQ:MTSL), Mandalay Digital Group (NASDAQ:MNDL), GTT Communications (NYSEMKT:GTT), Straight Path Communications (NYSEMKT:STRP)

Posted by on Jun 18, 2014

Voltari Corporation (NASDAQ:VLTC) announced that its 2014 annual meeting of stockholders (the “2014 Annual Meeting”) has been scheduled for July 28, 2014 in New York, NY. Voltari Corp (NASDAQ:VLTC) net profit margin is – and weekly performance is -21.15%. On last trading day company shares ended up $2.05. Analysts mean target price for the company is $1.79. Voltari Corp (NASDAQ:VLTC) distance from 50-day simple moving average (SMA50) is -32.16%.

MER Telemanagement Solutions Ltd. (NASDAQ:MTSL) announced on 15 may, Revenues for the first quarter of 2014 were $1.8 million, compared with $3.3 million in revenues during the same quarter last year. The Company’s operating (loss) was $313,000 in the first quarter of 2014, compared to operating profit of $420,000 in the first quarter of 2013. Net loss in the first quarter was $315,000, or $(0.07) per diluted share, compared to net income of $344,000, or $0.07 per diluted share, in the first quarter of 2013. MER Telemanagement Solutions Ltd. (NASDAQ:MTSL) shares advanced 15.75% in last trading session and ended the day on $1.81. MTSL gross Margin is 65.60% and its return on assets is 10.90%.MER Telemanagement Solutions Ltd. (NASDAQ:MTSL) quarterly performance is -2.16%.

Mandalay Digital Group, Inc. (NASDAQ:MNDL), a leading provider of mobile technology solutions, announced on 12 June that it has expanded its relationship with Smart to include direct billing connectivity with its DT Pay product. Mandalay Digital Group Inc. (NASDAQ:MNDL) shares was closed at $3.70, while trading in range of $3.48 – $3.82. Mandalay Digital Group Inc. (NASDAQ:MNDL) year to date (YTD) performance is 41.22%.

Investment analysts at Pacific Crest assumed coverage on shares of GTT Communications (AMEX:GTT) in a note issued to investors on Wednesday. The firm set an “outperform” rating and a $16.00 price target on the stock. Pacific Crest’s price objective suggests a potential upside of 33.67% from the stock’s previous close. GTT Communications Inc. (NYSEMKT:GTT) ended the last trading day at $9.81. Company weekly volatility is calculated as 8.69% and price to cash ratio as 37.01.GTT Communications Inc. (NYSEMKT:GTT) showed a negative weekly performance of -14.32%.

Straight Path Communications Inc (NYSEMKT:STRP) came up with its third quarter fiscal results for the period ended on April 30,2014.The company reported the total revenues at $913,000 as compared to the total revenues of $454,000 in the second quarter. The main thing to be noted here is that the company is continuously showing stable growth in its revenues figures from last three quarters. In the first quarter, it was $127,000 in the second quarter it posted $454,000 and now in the third quarter the revenues came at $913,000. Straight Path Communications Inc. (NYSEMKT:STRP) weekly performance is -1.09%. On last trading day company shares ended up $9.98. Straight Path Communications Inc. (NYSEMKT:STRP) distance from 50-day simple moving average (SMA50) is 24.98%.

Leave a Reply

Your email address will not be published. Required fields are marked *