Insight on Bullish Rally of Concurrent Computer Corporation (NASDAQ:CCUR)

Repost This

Las Vegas, NV -- (SBWIRE) -- 02/05/2013 -- Concurrent Computer Corporation (NASDAQ:CCUR) has recently posted heavy gains. The share price started rallying from the level of $6 and is currently trading around $8. Today the stock is up 3.74 percent with traded volume of 112,763 shares in start of the session whereas it maintains the average volume of 131,097 shares per day.

Investors do seem upbeat about the stock as it is backed by strong fundamentals. Concurrent Computer Corporation has also been consistent in paying dividends to its shareholders. The share price could see some resistance at $8.24 which is also its highest in last one year.

The company also announced its financial results for second quarter recently according to which its revenue slightly increased to $16.6 million as compared to $16.4 million for the same period last year. The company also reported operating profit of $876,000 for the respective period as compared to net loss of $461,000 last year.

To find out what OTCMAGIC projects for Concurrent Computer Corporation for both short term and long term please click here: CCUR

OTCMAGIC Spends all day scouring the markets for the next huge Stock Picks. Investors have come to trust us for our up to date commentary on all hot stocks so please visit OTCMAGIC right now and see what it’s all about for yourself! At 30,000 Visitors a Month and growing rapidly OTCMAGIC is the hottest thing in OTC Stocks!

Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. PLEASE NOTE: OTCMagic.com employees are not registered as an Investment Advisor in any jurisdiction whatsoever. Full disclaimer can be read at http://OTCMagic.com/disclaimer. Release of Liability: Through use of this website viewing or using you agree to hold OTCMagic.com, its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss monetary or otherwise, damage monetary or otherwise, or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. OTCMagic.com affiliates may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. OTCMagic.com encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and OTCMagic.com. We make no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies. This is not a solicitation to buy or sell any securities. Any claims or Statements should be deemed hypothetical. OTCMagic.com, nor any of its affiliates are not registered investment advisors or broker dealers.