Tech Decliners: Zendesk Inc (NYSE:ZEN), eLong (ADR) (NASDAQ:LONG), Proofpoint Inc (NASDAQ:PFPT), QuinStreet Inc (NASDAQ:QNST), Net Element International Inc (NASDAQ:NETE)

On 26 JUNE Zendesk Inc (NYSE:ZEN) launched Insights, its next-generation analytics tool for organizations to measure and visualize the impact of their customer service interactions managed through its cloud-based customer service platform. Zendesk Inc (NYSE:ZEN) net profit margin is -33.20% and weekly performance is -8.42%. On last trading day company shares ended up $16.43. Analysts mean target price for the company is $18.50. Zendesk Inc (NYSE:ZEN) distance from 50-day simple moving average (SMA50) is -1.97%.

On 24 JUNE eLong, Inc. (ADR) (NASDAQ:LONG) said that the Street upgraded shares of eLong, Inc. (ADR) (NASDAQ:LONG) from a sell rating to a hold rating. eLong, Inc. (ADR) (NASDAQ:LONG) shares fell -5.17% in last trading session and ended the day on $20.74. LONG Gross Margin is 73.70% and its return on assets is -7.90%. eLong, Inc. (ADR) (NASDAQ:LONG) quarterly performance is 26.77%.

Proofpoint Inc (NASDAQ:PFPT) reported ($0.12) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.18) by $0.06. The company had revenue of $42.70 million for the quarter, compared to the consensus estimate of $40.70 million. On average, analysts predict that Proofpoint will post $-0.43 earnings per share for the current fiscal year. Proofpoint Inc (NASDAQ:PFPT) shares moved down -6.08% in last trading session and was closed at $36.78, while trading in range of $36.70 – $40.03. Proofpoint Inc (NASDAQ:PFPT) year to date (YTD) performance is 10.88%.

QuinStreet Inc (NASDAQ:QNST) ended the last trading day at $5.60. Company weekly volatility is calculated as 6.24% and price to cash ratio as 2.04. QuinStreet Inc (NASDAQ:QNST) showed a positive weekly performance of 1.45%.

Net Element International Inc (NASDAQ:NETE) announced that the Company completed the closing of a $10 Million credit facility from the payments industry-leading lender, RBL Capital Group, LLC (“RBL Capital”). Net Element International Inc (NASDAQ:NETE) weekly performance is -2.33%. On last trading day company shares ended up $1.68. Net Element International Inc (NASDAQ:NETE) distance from 50-day simple moving average (SMA50) is -21.92%.