Tag: NASDAQ:QNST

  • Tech Losers: XG Technology (NASDAQ:XGTI),Vimicro International Corporation (NASDAQ:VIMC), Quin Street (NASDAQ:QNST), Alteva Inc (NYSEMKT:ALTV)

    XG Technology Inc (NASDAQ:XGTI) lost 14.57% yesterday following big gains on news that the General Availability (GA) release of xMax cognitive radio software has been made available for delivery. The new GA software was expected to be offered to customers free of charge and roll out is expected to be completed by the end of Q1 2014. XG Technology Inc (NASDAQ:XGTI) shares after opening at $2.72 moved to $2.74 on last trade day and at the end of the day closed at $2.54. Company price to sales ratio in past twelve months was calculated as 117.62. XG Technology Inc(NASDAQ:XGTI) showed a negative weekly performance of -27.43%.

    Vimicro International Corporation (ADR) (NASDAQ:VIMC) skyrocketed 21.81% to more than 3-year high, ending the month 68% higher and gained 156% for the starting three months of 2014. Earlier last month, the company said it expects Q1 2014 revenues in the range of $15 to $17 million versus he consensus estimate of $12 million. However, the company lowered its fourth-quarter revenue guidance for the fiscal year 2013 to $21-$22 million from previous guidance of total revenues of $13.5-$15.5 million. Vimicro International Corporation (ADR) (NASDAQ:VIMC) shares fell -6.24% in last trading session and ended the day on $4.66. VIMC return on equity ratio is recorded as 3.10% and its return on assets is 1.60%. Vimicro International Corporation (ADR) (NASDAQ:VIMC) yearly performance is 184.15%.

    QuinStreet (NASDAQ:QNST) was upgraded by equities researchers at EVA Dimensions from an “overweight” rating to a “buy” rating in a research report issued on Wednesday, ARN reports. Quin Street Inc (NASDAQ:QNST) shares moved down -6.02% in last trading session and was closed at $3.55, while trading in range of $ 6.19 – 6.72 . Quin Street Inc (NASDAQ:QNST) year to date (YTD) performance is -28.19%.

    Alteva (NYSE:ALTV) posted its quarterly earnings results on Tuesday. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by $0.17, American Banking and Market News reports. Alteva Inc (NYSEMKT:ALTV) weekly performance is -11.43%. On last trading day company shares ended up $ 7.44. Alteva Inc (NYSEMKT:ALTV) distance from 50-day simple moving average (SMA50) is -13.10%. Analysts mean target price for the company is $12.00.