PennyStocksUpdate.biz 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.
New York, NY -- (SBWIRE) -- 11/05/2012 -- Active Network Inc(NYSE:ACTV) stock plunged 41.66% to $5.42 after the company reported third-quarter net loss of $6.02 million or $0.10 per share, as against $1.43 million or $0.03 per share in the same quarter last year. Non-GAAP net income for the quarter was $3.18 million or $0.05 per share, as compared to $3.26 million or $0.05 per share in the same quarter last year. Total net revenues rose to $109.22 million from $89.63 million in the prior year quarter. Analysts expected the company to report earnings of $0.11 per share on revenue estimate of $115.44 million for the quarter.
How Should Investors Trade ACTV After The Recent Volatile Moves? Find Out Here
Glu Mobile Inc. (NASDAQ:GLUU) faced new 52-week low after the mobile game maker gave a weak forecast for the fourth quarter, citing in part some under-performance of its current games. However, posted a smaller loss for the third-quarter as compared to analysts had expected, partly because of the popularity of Frontline Commando, Deer Hunter Reloaded and other games. Revenue for the quarter grew 26 percent year-over-year to $21.3 million, beating analysts’ estimates of $21.1 million. The company still reported a net loss of $3.6 million or 6 cents per share. But that remained lower than the net loss of $6.2 million, or 10 cents per share, it posted in the same period of 2011. Adjusted net loss remained 3 cents per share, down from a loss forecast of 6 cents per share. Previous month, Glu Mobile Inc’s stock price volatility was 8.77%. In its share capital GLUU has 65.16 million outstanding shares among them 64.97 million shares have been floated in market exchange. Glu GLUU’s stock institutional ownership remained 78.17% while insider ownership included 17.52%.The stock is ahead of its 52weeks low with +0.39% and lagging behind from its 52 weeks high price with -56.61%. Company’s beta coefficient included 2.42. Beta factor evaluates the amount of market risk associated with market trade.GLUU’s stock traded with a starting price of $2.69 and throughout the trading session climbed at a high of $2.80 and later when day-trade ended the stock finally dropped -21.47% to $2.56 with a relative volume of 8.94 million shares.
Is GLUU Ready To Move Back To New Highs This Year? Find Out Here
NTS Inc, formerly Xfone, Inc. is a holding and managing company providing, through its subsidiaries, integrated communications services, which include voice, video and data over its Fiber-To-The-Premise (FTTP) and other networks. The Company has operations in Texas, Mississippi and Louisiana and it also serves customers in Arizona, Colorado, Kansas, New Mexico and Oklahoma. NTS, Inc. Common (AMEX:NTS) is -0.02 - -1.94% from the previous close of $1.03. It traded between $1.01 - 1.01 with total traded volume of 20000 shares. Keep a close eye on NTS, as the stock has been showing unusual moves over the past weeks. At Current market price, NTS has recovered +260.71% from its 52-week Low of 0.28 and has Pulled back -45.11% from its 52-week high of 1.84.
For a FREE INSTANT ANALYSIS of NTS, Please Visit
Blucora Inc(NASDAQ:BCOR) shares fell 16.90% and closed at $14.90 after the company posted a third quarter loss of $2.4 million, or $0.06 a share, as compared with a year-earlier profit of $2.1 million, or $0.05 a share. The company posted adjusted per-share income of 25 cents, up from 17 cents. Revenue rose 65% to $92.9 million. The company in July predicted adjusted earnings of 19 cents to 23 cents a share on revenue of $90 million to $93 million.
Can BCOR Extend Rally? Free sign up here
Neither PennyStocksUpdate.biz 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 PennyStocksUpdate.biz, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation.PennyStocksUpdate.biz 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 PennyStocksUpdate.biz. Investing in securities is speculative and carries a high degree of risk and no investment should be made unless you can afford to lose 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)