Tag: NASDAQ:SAAS

  • Tech Losers: Incontact Inc (NASDAQ:SAAS), Sungy Mobile Ltd (NASDAQ:GOMO), magicJack VocalTec Ltd (NASDAQ:CALL), NQ Mobile Inc (ADR) (NYSE:NQ), Oi SA (ADR) (NYSE:OIBR)

    InContact (NASDAQ:SAAS) Insider Bassam Salem unloaded 2,000 shares of the company’s stock on the open market in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $8.00, for a total value of $16,000.00. Following the completion of the transaction, the insider now directly owns 32,424 shares in the company, valued at approximately $259,392. Incontact Inc (NASDAQ:SAAS) net profit margin is -7.00% and weekly performance is -1.40%. On last trading day company shares ended up $7.77. Analysts mean target price for the company is $10.50. Incontact Inc (NASDAQ:SAAS) distance from 50-day simple moving average (SMA50) is -14.74%.

    On May 12, 2014, Sungy Mobile Ltd (NASDAQ:GOMO) announced that its board of directors (the “Board”) has appointed Mr. Yong Chen and Mr. Gang Zhao as independent directors, effective May 12, 2014. Sungy Mobile Ltd (NASDAQ:GOMO) shares fell -5.20% in last trading session and ended the day on $15.13. GOMO Gross Margin is 35.60% and its return on assets is 24.80%. Sungy Mobile Ltd (NASDAQ:GOMO) quarterly performance is -28.16%.

    magicJack VocalTec Ltd (NASDAQ:CALL) saw a big move last session, as the company’s shares fell by over 15% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading below the volatile price range of $17.28 to $20.13 in the past one-month time frame.
    magicJack VocalTec Ltd (NASDAQ:CALL) shares moved down -14.29% in last trading session and was closed at $16.31, while trading in range of $16.15 – $18.22. magicJack VocalTec Ltd (NASDAQ:CALL) year to date (YTD) performance is 36.94%.

    For investors in NQ Mobile Inc (ADR) (NYSE:NQ), the Chinese mobile-service provider accused by short seller Carson Block of overstating revenue, this could be a make-or-break week. About two-thirds of the record 345,000 bearish options that investors hold will expire by May 17, two days after the deadline the company set to conclude an investigation into Block’s allegations. NQ Mobile Inc (ADR) (NYSE:NQ) ended the last trading day at $11.17. Company weekly volatility is calculated as 9.55% and price to cash ratio as 3.81. NQ Mobile Inc (ADR) (NYSE:NQ) showed a negative weekly performance of -0.36%.

    On April 28, Brazilian wireless and fixed-line carrier Grupo Oi SA (ADR) (NYSE:OIBR) took the biggest step yet toward combining with partner Portugal Telecom SGPS SA on Monday by completing Brazil’s largest follow-on share offer in almost four years at the lowest price expected. Oi SA (ADR) (NYSE:OIBR) ended the last trading day at $0.885. Company weekly volatility is calculated as 5.63%. Oi SA (ADR) (NYSE:OIBR) showed a negative weekly performance of -10.20%.