Tag: Zoom Technologies Inc

  • Communication Equipment most volatile: Envivio Inc (NASDAQ:ENVI), Wireless Telecom Group (NYSEMKT:WTT), Zoom Technologies (NASDAQ:ZOOM)

    TheStreet Ratings team rates Envivio Inc (NASDAQ:ENVI) as a Sell with a ratings score of D. Envivio Inc (NASDAQ:ENVI) shares after opening at $3.11on last trade day and at the end of the day closed at $3.30. Company price to sales ratio in past twelve months was calculated as 2.07 and price to cash ratio as 1.87. Envivio Inc (NASDAQ:ENVI) showed a positive weekly performance of 1.54%.

    Wireless Telecom Group, Inc. (NYSE MKT:WTT) announced results for the fourth quarter and twelve months ended December 31, 2013. For the quarter ended December 31, 2013, the Company reported net sales of $9,532,000, compared to $8,216,000 for the same period in 2012, an increase of 16.0%. Net sales in the Network Solutions segment were $6,012,000, compared to $4,700,000 for the same period in 2012, an increase of 28%. Net sales in the Test and Measurement segment were $3,520,000, compared to $3,516,000 for the same period in 2012. Wireless Telecom Group Inc (NYSEMKT:WTT) shares fell -2.88% in last trading session and ended the day on $2.70. WTT return on equity ratio is recorded as 9.50% and its return on assets is 8.50%. Wireless Telecom Group Inc (NYSEMKT:WTT) yearly performance is 63.64%.

    Zoom Technologies Inc (NASDAQ:ZOOM)’s net sales of $11.2 million for the fiscal year ended December 31, 2013 (“FY 2013”) were down 23.5% from net sales of $14.7 million for FY 2012. Zoom’s net loss was $1.1 million for FY 2013 compared to a net loss of $0.7 million for FY 2012. The higher net loss for FY 2013 was primarily due to a drop in gross profit due to lower sales. Zoom Technologies Inc (NASDAQ:ZOOM) weekly performance is -4.47%. On last trading day company shares ended up $4.37. Zoom Technologies Inc (NASDAQ:ZOOM) distance from 50-day simple moving average (SMA50) is -8.96%. Analysts mean target price for the company is $8.00.