HotPennyStockNews.com is devoted to fetch you the most exclusive stocks in the market today. Apart from scanning the markets for the most underrated stocks. We propel those victors directly to your email inbox first ahead of the rest of the marketplace gets a prospect.
Los Angelas, CA -- (SBWIRE) -- 01/28/2013 -- Shares of cloud-based business communications and solutions provider 8x8 (NASDAQ:EGHT) shed as much as 15% following the release of its third-quarter earnings results last night. Fittingly for 8x8, it was all in the numbers. For the quarter, 8x8 reported a revenue jump of 17% to $27.3 million and a profit of $0.05. Both figures were perfectly in line with Wall Street's expectations, but GAAP EPS actually fell slightly from the year-ago period. For a company whose share price has doubled since last summer, this simply wasn't good enough for investors.
Should Investor Book Profit Or Hold EGHT This Range: Check Out Here
International Speedway Corporation (NASDAQ:ISCA) has been upgraded by TheStreet Ratings from hold to buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Shares of International Spe (NasdaqNM:ISCA) are trading at $26.45 and is -4.90% from its 50-day Moving Average price of $27.8142 and -0.77% from its 200-day Moving Average price of $26.6564. The average trading volume is 136743 shares and its market capitalization is $1.228B.
Collect Your Free Offers, Updates, and Depth Analysis On ISCA: FREE SIGNUP HERE
ElDorado Gold Corp (NYSE:EGO) entered into oversold territory, changing hands as low as $11.40 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30. In the case of ElDorado Gold Corp, the RSI reading has hit 29.8 — by comparison, the universe of metals and mining stocks covered by Metals Channel currently has an average RSI of 49.2, the RSI of Spot Gold is at 41.8, and the RSI of Spot Silver is presently 45.2.
Is EGO A Secure Investment? Watch Out An How EGO Trade
Chinese Internet travel company Ctrip.com (NASDAQ:CTRP) fell as much as 16% today on reports of an expansion of discounting. This morning Oppenheimer said that Ctrip would expand its coupon program to air tickets and the company's vice president confirmed reports. The price war between travel agencies is getting stronger and this will put more pressure on Ctrip's margins. The stock wasn't cheap to begin with, so more margin pressure isn't good for investors. Shares now trade at 23 times earnings, and impact of another coupon program could be big. I don't think there's a reason to buy the stock today and would wait and see how margins play out in coming quarters.
Ready To Get Instant Analysis Report From Here: Just Check Now
Neither HotPennyStockNews.com nor its owners, operators, affiliates or anyone disseminating information on its behalf is registered as an Investment Advisor or broker dealer in any jurisdiction whatsoever and none of the information provided by HotPennyStockNews.com, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation. HotPennyStockNews.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through HotPennyStockNews.com. Investing in securities is speculative and carries a high degree of risk and no investment should be made unless you can afford to loose your entire investment. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. Please consult a broker before purchasing or selling any securities viewed on or mentioned here in..
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)