Hot Movers: Entergy Corporation, Edison International, Velti Plc., Ellie Mae Inc

Lakeway, TX -- (SBWIRE) -- 02/15/2013 -- vbtrendreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Entergy Corporation (NYSE:ETR) went down 2.92% and closed at $61.80. UBS downgraded the rating on the stock from neutral to sell. Entergy Corporation is an integrated energy company engaged in electric power production and retail electric distribution operations. Entergy owns and operates power plants with approximately 30,000 mega-watts of aggregate electric generating capacity, including over 10,000 mega-watts of nuclear-fueled capacity.

How Should Investors Trade ETR After The Solid Jump? Let’s Find Out Here

Edison International (NYSE:EIX) declined 3.06% and closed at $46.18. Jefferies downgraded Edison International from hold to underperform and lowered the price target from $48.50 to $40.50. Edison International is a holding company of Southern California Edison Company, a California public utility corporation and Edison Mission Group Inc.

Is EIX Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here

Velti Plc. (NASDAQ:VELT) decreased 3.08% and closed at $4.09. The 52-week range for the stock is $3.07 and $14.65. The Company has Price/Sales ratio of 1.02 and Price/Book ratio of 0.92. The 50-Day Moving Average and 200-Day Moving Average prices is $4.67 and $6.11 respectively. Velti plc is a global provider of mobile marketing and advertising technology and solutions. The Company’s platform Velti mGage, allows its customers to use mobile and media, such as television, print, radio and outdoor advertising to target, reach, and engage consumers through mobile Internet applications; convert consumers into their customers, and continue to manage the relationship through the mobile channel.

Is VELT A Buy After The Recent Price Movement? Find Out Here

Ellie Mae Inc. (NYSE:ELLI) declined 2.88% and closed at $20.88. The Company announced fourth quarter results. Total revenue increased 60% to $29.9 million. Net income for the fourth quarter of 2012 was $4.0 million or $0.14 per diluted share compared to net income of $1.8 million, or $0.08 per diluted share in the fourth quarter of 2011. On a non-GAAP basis, adjusted net income for the fourth quarter of 2012 was $7.6 million or $0.27 per diluted share compared to $2.8 million, or $0.13 per diluted share, in the fourth quarter of 2011.

Is ELLI a Buy At The Current Market Price? Don’t Miss Out Our Special Coverage Here

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