Tag: Zoom Technologies Inc

  • Communication Most Volatile Stocks: DragonWave (NASDAQ:DRWI), Turtle Beach (NASDAQ:HEAR), Zoom Technologies Inc. (NASDAQ:ZOOM), RELM Wireless Corporation (NYSEMKT:RWC), Envivio Inc. (NASDAQ:ENVI)

    DragonWave, Inc. (USA) (NASDAQ:DRWI) will now provide thousands of turnkey Horizon Compact+ links to be used to support the Indian operator plans for rolling out extensive 4G LTE network. DragonWave, Inc. (USA) (NASDAQ:DRWI) net profit margin is -49.60% and weekly performance is 16.67%. On last trading day company shares ended up $1.40. Analysts mean target price for the company is $1.27. DragonWave, Inc. (USA) (NASDAQ:DRWI) distance from 50-day simple moving average (SMA50) is 4.96%.

    On May 20, 2014, Turtle Beach Corporation (NASDAQ:HEAR) filed a Certificate of Amendment to its Articles of Incorporation with the Secretary of State of the State of Nevada, a copy of which is attached hereto as Exhibit 3.1 and is incorporated herein by reference. The Charter Amendment amended the Company’s Articles of Incorporation to effect a change of the Company’s corporate name from “Parametric Sound Corporation” to “Turtle Beach Corporation”. The Name Change was approved by the Company’s board of directors on January 30, 2014 and a majority of the Company’s stockholders by written consent on February 26, 2014, and became effective on May 28, 2014. Turtle Beach Corp (NASDAQ:HEAR) shares fell -1.29% in last trading session and ended the day on $10.68. HEAR gross Margin is 32.30% and its return on assets is -16.70%.Turtle Beach Corp (NASDAQ:HEAR) quarterly performance is -25.57%.

    On May 21, 2014, 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) shares moved down -6.42% in last trading session and was closed at $2.48, while trading in range of $2.40 – $2.63. Zoom Technologies Inc. (NASDAQ:ZOOM) year to date (YTD) performance is -48.23%.

    For a good reputation, RELM Wireless Corporation (NYSEMKT:RWC) continues to attract business from high-profile customers. And the CEO David Storey says the company is ready to attract more businesses. The company recently landed a $1.4 million order from a federal government law enforcement agency. The order involves the supply of radio communication solution, and RELM expects to fulfill the order in the current quarter. RELM Wireless Corporation (NYSEMKT:RWC) ended the last trading day at $3.60. Company weekly volatility is calculated as 6.35% and price to cash ratio as 6.22.RELM Wireless Corporation (NYSEMKT:RWC) showed a positive weekly performance of 0.84%.

    Envivio Inc. (NASDAQ: ENVI) announced on 27 may that TDF is using the vendor’s encoding gear and software to stream tennis matches to Panasonic 4K TVs and other compatible 4K TV sets in France.
    Envivio Inc. (NASDAQ:ENVI) net profit margin is -28.00% and weekly performance is 2.68%. On last trading day company shares ended up $2.68. Envivio Inc. (NASDAQ:ENVI) distance from 50-day simple moving average (SMA50) is -7.76%.