In trading on Wednesday, shares of Uranium Energy Corp. (NYSEMKT:UEC) entered into oversold territory, changing hands as low as $1.37 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.Uranium Energy Corp. (NYSEMKT:UEC) shares after opening at $1.36 moved to $1.39 on last trade day and at the end of the day closed at $1.28. Company price to sales ratio in past twelve months was calculated as 23.96 and price to cash ratio as 12.78. Uranium Energy Corp. (NYSEMKT:UEC) showed a negative weekly performance of -4.48%.
Aviat Networks Inc (NASDAQ:AVNW), the leading expert in microwave networking solutions, announced an agreement with Ubuntu Technologies to form Aviat-Ubuntu (Proprietary) Limited, a co-branded telecom solutions provider in South Africa. The two companies formed a joint venture to serve public companies and state-owned enterprises as well as help telecom operators evolve their infrastructure toward next-generation mobile broadband and enterprise services. Aviat-Ubuntu will specialize in offering microwave networking solutions using products from the Aviat portfolio such as the new Aviat CTR 8540 microwave router with integrated IP/MPLS capabilities. Aviat Networks Inc (NASDAQ:AVNW) shares advanced 3.29% in last trading session and ended the day on $1.57. AVNW return on equity ratio is recorded as -21.70% and its return on assets is -10.40%. Aviat Networks Inc (NASDAQ:AVNW) yearly performance is -50.94%.
eGain (NASDAQ: EGAN), the leading provider of cloud-based customer engagement solutions, announced that one of the largest health insurers in the US has selected eGain Cloud to educate, sign up and onboard new members.eGain Corp (NASDAQ:EGAN) shares moved down -2.40% in last trading session and was closed at $6.92, while trading in range of $6.85-$7.13. eGain Corp (NASDAQ:EGAN) year to date performance is -32.42%.
March 12, 2014 AEP Industries (NASDAQ:AEPI)reported financial results for its first quarter ended January 31, 2014.Net sales for the first quarter of fiscal 2014 increased $5.4 million, or 2%, to $272.5 million from $267.1 million for the first quarter of fiscal 2013. The increase was the result of a 7% increase in average selling prices partially offset by a 4% decrease in sales. AEP Industries (NASDAQ:AEPI) weekly performance is 1.15%. On last trading day company shares ended up $37.75. AEP Industries (NASDAQ:AEPI) distance from 50-day simple moving average is -10.99%.