Tag: Westell Technologies Inc

  • Communication Stocks In News: Nokia, I.D. Systems, Inc. (NASDAQ:IDSY), Zhone Technologies (NASDAQ:ZHNE), Westell Technologies Inc. (NASDAQ:WSTL), Pointer Telocation Limited (NASDAQ:PNTR)

    Nokia Corporation (ADR) (NYSE:NOK) introduced the Nokia X, Nokia X+ and Nokia XL smartphones this year to join the mad Android smartphone race. While the smartphones are slowly reaching different corners of the country, Nokia has already started working on the successor. Chinese forum Baidu shared images of the Nokia X2 spotted at the AnTuTu benchmark listing and gave a glimpse of the possible hardware. Nokia Corporation (ADR) (NYSE:NOK) net profit margin is -9.50% and weekly performance is 4.67%. On last trading day company shares ended up $7.62. Analysts mean target price for the company is $8.06. Nokia Corporation (ADR) (NYSE:NOK) distance from 50-day simple moving average (SMA50) is 3.04%.

    I.D. Systems, Inc. (Nasdaq:IDSY), a leading provider of wireless M2M asset management solutions, has received a purchase order valued at approximately $200,000 from Southeast Industrial Equipment, Inc., one of the largest dealers of material handling equipment in the southeast United States. The order is for initial deployment of I.D. Systems’ PowerBox™ wireless vehicle management system (VMS) on a fleet of lift trucks in a manufacturing plant of one of the world’s leading appliance manufacturers, a new end user of I.D. Systems’ solutions. I.D. Systems, Inc. (NASDAQ:IDSY) shares advanced 3.75% in last trading session and ended the day on $4.15. Gross Margin is 44.90% and its return on assets is -13.00 %. I.D. Systems, Inc. (NASDAQ:IDSY) quarterly performance is -32.19%.

    Zhone Technologies, Inc. (NASDAQ:ZHNE), a global leader in FTTx network access solutions and Qypsys, a premier infrastructure integrator, announced a new FiberLAN deployment with Fuller Apartment Homes, Inc. for its 224 unit Park Square at Seven Oaks upscale apartment community currently under construction in Southwest Bakersfield, Calif. Through a strategic partnership with TE Connectivity, Zhone’s equipment will enable the apartment community to offer its residents super-fast fiber optic internet service through a cost efficient and greener alternative, FiberLAN technology. Zhone Technologies Inc (NASDAQ:ZHNE) shares moved up 7.52% in last trading session and was closed at $2.86, while trading in range of $2.67 – $2.96. Zhone Technologies Inc (NASDAQ:ZHNE) year to date (YTD) performance is -46.44%.

    Westell Technologies Inc (NASDAQ:WSTL) issued its quarterly earnings data on Wednesday. The company reported ($0.02) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.01 by $0.03, AmericanBankingNews.com reports. The company had revenue of $24.40 million for the quarter, compared to the consensus estimate of $23.81 million. Westell Technologies Inc. (NASDAQ:WSTL) ended the last trading day at $3.05. Company weekly volatility is calculated as 5.66% and price to cash ratio as 2.09.

    On May 15, Pointer Telocation Limited (NASDAQ:PNTR) said its revenues for the first quarter of 2014 increased 22 percent to USD27m as compared to USD22.1m in the first quarter of 2013. International activities for the first quarter of 2014 were 31 percent of total revenues compared to 27 percent in the same period in 2013. Revenues from products in the first quarter of 2014 increased 23 percent to USD9.1m (34 percent of revenues) compared to USD7.4m (34 percent of revenues) in the comparable period of 2013.Pointer Telocation Limited (NASDAQ:PNTR) net profit margin is 6.71% and weekly performance is 12.97%. On last trading day company shares ended up $9.93. Analysts mean target price for the company is $10.00. Pointer Telocation Limited (NASDAQ:PNTR) distance from 50-day simple moving average (SMA50) is 14.27%.