Tag: GSAT

SuperCom Ltd. (NASDAQ:SPCB) a leading provider of Electronic Intelligence Solutions for National ID, Public Safety and Healthcare, announced that it has been selected as the winning bidder for contracts amounting to over $25 million. The majority of the revenue from the realization of those contacts will be recognized in 2014. Supercom Ltd (NASDAQ:SPCB) shares after opening at $5.00 moved to $5.05 on last trade day and at the end of the day closed at $4.95. Company price to sales ratio in past twelve months was calculated as 6.35 and price to cash ratio as 558.54. Supercom Ltd (NASDAQ:SPCB) showed a negative weekly performance of -5.59 %.
58.com Inc. (ADR) (NYSE:WUBA) was reported to issue additional 9.2 million American depositary shares (ADSs) as the company and its shareholders will sell 4 million ADSs each at most. 58.com Inc (ADR) (NYSE:WUBA) shares fell -1.01% in last trading session and ended the day on $39.15. WUBA return on equity ratio is recorded as 19.20% and its return on assets is -39.80%.
Globalstar, Inc (OTCMKTS:GSAT) issued a press release to report 2013 fourth quarter and full year financial results. The text of the press release is furnished as Exhibit 99.1 to this Form 8-K. Globalstar, Inc. (OTCMKTS:GSAT) shares moved down -3.50% in last trading session and was closed at $2.48 while trading in range of $2.30- $2.58 – Globalstar, Inc. (OTCMKTS:GSAT) year to date (YTD) performance is 41.71%.
Shares of VirnetX Holding Corp. (NYSE:VHC) saw a significant increase in short interest in the month of January. As of March 14th, there was short interest totalling 17,547,300 shares, an increase of 10.0% from the February 28th total of 15,955,445 shares, AnalystRatings.Net reports. VirnetX Holding Corporation (NYSEMKT:VHC) weekly performance is -7.54%. On last trading day company shares ended up $13.37.  VirnetX Holding Corporation (NYSEMKT:VHC) distance from 50-day simple moving average (SMA50) is -23.15%. Analysts mean target price for the company is $42.33.