On May 21, 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 “2014 Q1 Report”), 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 -12.37%. On last trading day company shares ended up $2.48. Analysts mean target price for the company is $8.00. Zoom Technologies Inc (NASDAQ:ZOOM) distance from 50-day simple moving average (SMA50) is -30.85%.
On May 22, Paycom Software Inc (NYSE:PAYC) Director Frederick Peters II purchased 2,000 shares of the company’s stock on the open market in a transaction dated Tuesday, May 20th. The shares were purchased at an average cost of $13.81 per share, with a total value of $27,620.00. Following the transaction, the director now directly owns 7,000 shares of the company’s stock, valued at approximately $96,670. Paycom Software Inc (NYSE:PAYC) shares fell -5.56% in last trading session and ended the day on $13.25. Its return on assets is -1.40%.
NTELOS Holdings Corp. (NASDAQ:NTLS) saw a big move in the last trading session, as the company’s shares fell by nearly 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent trend of the company, as NTLS is now trading within the volatile price range of $11.92 to $14.67 in the past one-month time frame. NTELOS Holdings Corp. (NASDAQ:NTLS) shares moved down -5.55% in last trading session and was closed at $12.25, while trading in range of $12.21 – $12.95. NTELOS Holdings Corp. (NASDAQ:NTLS) year to date (YTD) performance is -37.53%.
Sungy Mobile Ltd (NASDAQ:GOMO) a leading provider of mobile internet products and services globally with a focus on applications and mobile platform development, announced its unaudited financial results for the first quarter ended March 31, 2014. Net income increased by 23.7% to RMB14.2 million (US$2.3 million) from RMB11.5 million in the prior year period. Net income, excluding the impact of the GetJar acquisition, increased by 82.1% to RMB20.9 million (US$3.4 million) from RMB11.5 million in the prior year period. Sungy Mobile Ltd (NASDAQ:GOMO) ended the last trading day at $12.51. Company weekly volatility is calculated as 10.82% and price to cash ratio as 22.34. Sungy Mobile Ltd (NASDAQ:GOMO) showed a negative weekly performance of -17.21%.
On May 27, Neonode Inc. (NASDAQ:NEON) announced the financial results for the quarter ending on March 31st, 2014. The gross margin of the company was $848,000 in the Q1 of the year 2014. In the same period of previous year, the gross margin was $532,000. With revenues and profit, the expenses of the company also have increased by a huge margin. The R&D expenses of the company were recorded as $1.8 million for the first quarter of the current year, in comparison to $1.6 million worth of R&D expenses for the Q1 of the previous year. Neonode, Inc (NASDAQ:NEON) weekly performance is 3.03%. On last trading day company shares ended up $3.74. Analysts mean target price for the company is $11.08. Neonode, Inc (NASDAQ:NEON) distance from 50-day simple moving average (SMA50) is -28.13%.