Tech Bearish Stocks: Kingtone Wirelessinfo Solutions Hldg (NASDAQ:KONE), Interphase Corporation (NASDAQ:INPH), Xplore Technologies (NASDAQ:XPLR), Covisint Corp (NASDAQ:COVS)

Posted by on Jun 26, 2014

Kingtone Wirelessinfo (NASDAQ:KONE) reports H114 revs of $3.6 million and net loss of $.49 per share, from revs of $3.0 million and loss of $1.29 per share reported in the same period last year. Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) weekly performance is 22.84%. On last trading day company shares ended up $6.40. Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) distance from 50-day simple moving average is 38.38%.

On May 29,2014 Interphase Corporation (NASDAQ: INPH) business, announced its award-winning hand held device, is officially in production and will begin shipping Friday, May 30. The product launched to critical acclaim at DEMO Spring 2012, was a 2014 Honoree of the Consumer Electronics Show Innovations in Design and Engineering Award, and has captured the attention of the education technology market during its rigorous research and development phase. Interphase Corporation (NASDAQ:INPH) shares fell -5.43% in last trading session and ended the day on $4.35. INPH Gross Margin is 38.90% and its return on assets is -18.40%. Interphase Corporation (NASDAQ:INPH) quarterly performance is -5.43%.

Xplore Technologies Corp. (NASDAQ:XPLR), a developer of mobile wireless tablet PC computing systems, Wednesday reported fiscal 2014 net loss of $1.76 million, compared to a net income of $306 thousand in the prior year.  Xplore Technologies Corp. (NASDAQ:XPLR) shares moved down -6.08% in last trading session and was closed at $5.72, while trading in range of $5.67-$6.13. Xplore Technologies Corp. (NASDAQ:XPLR) year to date performance is -8.48%.

Covisint Corp (NASDAQ:COVS) major shareholder Corp Compuware bought 1,363,920 shares of Covisint Corp stock in a transaction dated Thursday, June 5th. The stock was purchased at an average cost of $4.00 per share, with a total value of $5,455,680.00. Following the completion of the transaction, the insider now directly owns 31,384,920 shares of the company’s stock, valued at approximately $125,539,680. Covisint Corp (NASDAQ:COVS) ended the last trading day at $4.75. Company weekly volatility is calculated as 8.46% and price to cash ratio as 3.60. Covisint Corp (NASDAQ:COVS) showed a negative weekly performance of -16.96%.

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