Los Angeles, CA -- (SBWIRE) -- 01/24/2013 -- Penny Stock Club – is a VIP Investors Club providing Verity of Tools for like Live Chat Room, Message Boards, Market News and Stock Charts for its Members. Our team of professionals from various backgrounds work diligently to bring our members the best penny stock picks, stock market commentary, and news on all types of OTCBB and Pink Sheet companies.
Apple Inc. (NASDAQ:AAPL) succeeded to surprise investors who were anticipating a unusual earnings drop on Wednesday afternoon, but the firm’s results and estimate remained unsuccessful to soothe concerns that its days of blockbusting innovation may be in the past.
How Should Investors Trade AAPL Now? Don’t Miss out a Special Trend Analysis
In its place, investors sold off the previously battered stock even more in extended trades, where Apple slipped in excess of 10% to around $460, a level not reached in almost a year. The shares had previously dropped in excess of one-quarter of their value since peaking just higher than $700 in September.
For the period closed December 29, Apple posted net income of $13.1 billion, or $13.81 a share, against net income of $13.1 billion, or $13.87 a share, for the similar period the prior year. Revenue rose 18% to $54.5 billion.
Analysts were anticipating earnings per share of $13.48 on sales of $55 billion, in relation to consensus forecasts from FactSet.
Apple Inc. (NASDAQ:AAPL) surged +1.83% with the closing price of $514.01. The overall volume in the last trading session was 30.46 million shares. Its fifty two week range was $419.55-$705.07. The total market capitalization remained $483.52 billion.
AAPL is ahead its 52 week low with 23.60% and its last month price volatility remained 2.18%. Its beta coefficient was 1.08 with a target price of $723.85. In its share capital AAPL has 940.69 million outstanding shares while 940.18 million shares have been floated in market. AAPL has insider ownership of 0.02% with its institutional ownership remained 66.88%. Company’s current year earnings per share grew with 59.51% while the five year EPS growth rate was +62.22%.
For How Long AAPL will Fight for Profitability? Read This Trend Analysis report
Velti Plc (NASDAQ:VELT) reported the loss of -0.99% to close at $5.02 in the last trading session and its total traded volume was 1.64 million shares lower than average volume of 2.11 million. VELT has market cap of $326.29 million.
VELT has earnings per share of -$0.40 with the net profit margin of -8.89% and operating margin of -10.16%. VELT has positive year-to-date performance of 11.56% and is trading above its 50 day moving average of 8.34% and 200 day moving average of -29.52%.
Why Should Investors Buy VELT After the Recent Fall? Just Go Here and Find Out
Autodesk, Inc. (NASDAQ:ADSK) moved up +0.85% and closed at $36.86 with the overall traded volume of 1.65 million shares. Stock price 52 weeks high was $42.69 and 52 weeks low price was $27.70. ADSK has market cap of $8.28 billion and its beta value stands at 2.14 times. ADSK has earnings per share of $1.05 and its price to earnings ratio ended at 34.96 times.
For How Long ADSK’s Gloss will Attract Investors? Find out via this report
About Penny Stock Club
PennyStocksClub.com is a financial newsletter and blog focused on shedding light on under-discovered small cap companies. Our team of professionals from various backgrounds work diligently to bring our members the best penny stock picks, stock market commentary, and news on all types of OTCBB and Pink Sheet companies.
At PennyStocksClub.com, our penny stock alerts are always FREE. To make sure you don't miss out on our next big trading idea, sign up for our free penny stock newsletter today!
Please Note Well: Neither PennyStocksClub.com nor its owners, operators, affiliates or anyone disseminating information on its behalf is not registered as an Investment Advisor or broker dealer in any jurisdiction whatsoever and none of the information provided by PennyStocksClub.com, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)