Infosonics Corporation (NASDAQ:IFON) on 21 may announced the launch of its new verykool s505 Spark smartphone, the most dynamic mobile handset the company has offered to date, according to company announcements, SEC filings and Bloomberg News. InfoSonics Corporation (NASDAQ:IFON) net profit margin is 0.50% and weekly performance is 6.96%. On last trading day company shares ended up $2.46. Analysts mean target price for the company is $7.00. InfoSonics Corporation (NASDAQ:IFON) distance from 50-day simple moving average (SMA50) is -11.72%.
On April 17, 2014, Ambient Corporation (NASDAQ:AMBT) received a letter from the Listing Qualifications Department of the Nasdaq Stock Market indicating that the Company no longer complies with the minimum stockholders’ equity requirement for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550(b)(1) requires companies listed on the Nasdaq Capital Market to maintain stockholders’ equity of at least $2.5 million. Since the Company’s Annual Report on Form 10-K for the year ended December 31, 2013, filed with the Securities and Exchange Commission on April 14, 2014, reported stockholders’ (deficit) of $(1,519,000) and, as of April 16, 2014, the Company does not meet the alternatives of market value of listed securities or net income from continuing operations, the Company no longer complies with the Nasdaq Listing Rules. Ambient Corporation (NASDAQ:AMBT) shares advanced 22.86% in last trading session and ended the day on $1.29. AMBT gross Margin is 42.50% and its return on assets is -142.00%.Ambient Corporation (NASDAQ:AMBT) quarterly performance is -32.11%.
One such stock that you may want to consider dropping is Ceragon Networks Ltd. (NASDAQ:CRNT), which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. Also, for the current quarter, Ceragon Networks has seen 1 downward estimate revision versus no revision in the opposite direction, widening the consensus loss estimate down to a loss of 12 cents a share from a loss of 4 cents over the past 30 days. Ceragon Networks Ltd (NASDAQ:CRNT) shares moved up 5.43% in last trading session and was closed at $2.33, while trading in range of $2.22 – $2.35. Ceragon Networks Ltd (NASDAQ:CRNT) year to date (YTD) performance is -21.55%.
Clearfield Inc. (NASDAQ:CLFD) Chairman Ronald G. Roth bought 5,000 shares of Clearfield stock in a transaction dated Wednesday, May 7th. The shares were purchased at an average cost of $14.44 per share, with a total value of $72,200.00. Following the completion of the transaction, the chairman now directly owns 1,133,806 shares in the company, valued at approximately $16,372,159. Clearfield Inc. (NASDAQ:CLFD) ended the last trading day at $17.73. Company weekly volatility is calculated as 5.00% and price to cash ratio as 10.30.Clearfield Inc. (NASDAQ:CLFD) showed a positive weekly performance of 8.37%.
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 Company failed to comply with the periodic filing requirements for continued listing set forth in Rule 5250(c)(1) of the Nasdaq Listing Rules. In accordance with Nasdaq Listing Rule 5810(c)(2), Nasdaq has provided the Company until June 16, 2014 to submit a plan to regain compliance. The Company expects to file its 2014 Q1 Report in short order, and fully expects to be able to meet the June 16, 2014 deadline. Zoom Technologies Inc. (NASDAQ:ZOOM) net profit margin is -79.30% and weekly performance is 10.15%. On last trading day company shares ended up $2.93. Analysts mean target price for the company is $8.00. Zoom Technologies Inc. (NASDAQ:ZOOM) distance from 50-day simple moving average (SMA50) is -17.09%.