Internet Service Providers: Qihoo 360 Technology (NYSE:QIHU), United Online (NASDAQ:UNTD), Smtp (NASDAQ:SMTP), Sify Technologies Limited (NASDAQ:SIFY)

Posted by on Mar 27, 2014

Zacks upgraded shares of Qihoo 360 Technology Co (NASDAQ:QIHU) from a neutral rating to an outperform rating in a research report sent to investors on Tuesday morning, Analyst Ratings Network.com reports. The firm currently has $122.50 price target on the stock. Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares after opening at $103.25 moved to $103.55 on last trade day and at the end of the day closed at $93.60. Company price to sales ratio in past twelve months was calculated as 17.02 and price to cash ratio as 11.26. Qihoo 360 Technology Co Ltd (NYSE:QIHU) showed a negative weekly performance of -16.30%.

As previously disclosed, Neil P. Edwards, Executive Vice President and Chief Financial Officer of United Online, Inc. (NASDAQ:UNTD) announced his intention to terminate his employment with the Company. The effective termination date of Mr. Edwards’ employment will be March 14, 2014. United Online, Inc. (NASDAQ:UNTD) shares fell -4.07% in last trading session and ended the day on $11.30. UNTD return on equity ratio is recorded as -18.40% and its return on assets is -9.30%. United Online, Inc. (NASDAQ:UNTD) yearly performance is 45.62%.

SMTP, Inc. (NASDAQ:SMTP), a global provider of email delivery services, reported that its Board of Directors has declared a quarterly dividend of $0.12 per common share to shareholders of record at the close of business on February 24, 2014. The dividend will be paid on March 3, 2014. The $.12 per share dividend reflects the 1-for-5 reverse split that became effective on December 26, 2013. Smtp Inc. (NASDAQ:SMTP) shares moved down -2.40% in last trading session and was closed at $6.10, while trading in range of $6.05 – $6.24. Smtp Inc. (NASDAQ:SMTP) year to date (YTD) performance is 335.71%.

Sify Technologies Limited (NASDAQ:SIFY), headquartered at Chennai, India, a leader in Managed Enterprise, Network, IT and Software services in India with global delivery capabilities, on 21 January announced its consolidated results under International Financial Reporting Standards (IFRS) for the third quarter of fiscal year 2013-14. Sify Technologies Limited (ADR) (NASDAQ:SIFY) weekly performance is -1.47%. On last trading day company shares ended up $2.01. Sify Technologies Limited (ADR) (NASDAQ:SIFY) distance from 50-day simple moving average (SMA50) is -0.99%. Analysts mean target price for the company is $5.00.

Leave a Reply

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