Microcap Gainers: Zagg Inc (NASDAQ:ZAGG), IGI Laboratories (NYSEMKT: IG), TearLab Corp (NASDAQ:TEAR), Clicksoftware Technologies Ltd (NASDAQ:CKSW), TeleCommunication Systems (NASDAQ:TSYS)

Posted by on Jul 02, 2014

On 3 JUNE Zagg Inc (NASDAQ:ZAGG) said it has selected RR Donnelley (NASDAQ:RRD), a Fortune 500 organization, as their global supply chain provider. ZAGG Inc products will be warehoused and shipped from RR Donnelley network facilities around the world, reducing cost and building greater flexibility to manage changes in product demand. Zagg Inc (NASDAQ:ZAGG) net profit margin is 2.70% and weekly performance is 21.70%. On last trading day company shares ended up $5.72. Analysts mean target price for the company is $5.30. Zagg Inc (NASDAQ:ZAGG) distance from 50-day simple moving average (SMA50) is 23.66%.

On 27 JUNE IGI Laboratories, Inc. (NYSEMKT: IG) announced the pricing of its previously announced underwritten public offering of 4,650,000 shares of its common stock at a price to the public of $5.00 per share. IGI has also granted the underwriters a 30-day option to purchase up to an aggregate of 697,500 additional shares of common stock at the public offering price to cover over-allotments, if any. The gross proceeds of the offering will be $23,250,000, assuming no exercise of the overallotment option. The offering is expected to close on July 2, 2014, subject to customary closing conditions. IGI Laboratories, Inc. (NYSEMKT: IG) shares advanced 7.91% in last trading session and ended the day on $5.73. IG Gross Margin is 36.90% and its return on assets is -6.80%. IGI Laboratories, Inc. (NYSEMKT: IG) quarterly performance is 4.18%.

On 13 JUNE TearLab Corp (NASDAQ:TEAR) announced that all of the nominees listed in the management information circular for the annual meeting of shareholders were elected as directors of the Company. TearLab Corp (NASDAQ:TEAR) shares moved up 7.19% in last trading session and were closed at $5.22, while trading in range of $4.78 – $5.33. TearLab Corp (NASDAQ:TEAR) year to date (YTD) performance is -44.11%.

On 10 JUNE Clicksoftware Technologies Ltd (NASDAQ:CKSW) reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by $0.01. The company had revenue of $28.40 million for the quarter, compared to the consensus estimate of $25.69 million. During the same quarter in the previous year, the company posted $0.02 earnings per share. The company’s revenue for the quarter was up 15.9% on a year-over-year basis. On average, analysts predict that Clicksoftware Technologies will post $0.07 earnings per share for the current fiscal year. Clicksoftware Technologies Ltd (NASDAQ:CKSW) ended the last trading day at $8.59. Company weekly volatility is calculated as 4.75% and price to cash ratio as 6.30. Clicksoftware Technologies Ltd (NASDAQ:CKSW) showed a positive weekly performance of 13.93%.

On 16 JUNE TeleCommunication Systems, Inc. (NASDAQ:TSYS) announced that it is collaborating with Cisco to demonstrate the use of Wi-Fi technology to complement standard 9-1-1 solutions for the purpose of providing indoor location information in emergency situations. TeleCommunication Systems, Inc. (NASDAQ:TSYS) net profit margin is -16.50% and weekly performance is 8.44%. On last trading day company shares ended up $3.47. Analysts mean target price for the company is $4.00. TeleCommunication Systems, Inc. (NASDAQ:TSYS) distance from 50-day simple moving average (SMA50) is 12.85%.

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