Lakeway, TX -- (SBWIRE) -- 02/19/2013 -- Bestdamnpennystocks, 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:-
Trulia Inc. (NYSE:TRLA) moved up 15.90% and closed at $35.35 on a traded volume of 583k shares. The Company issued first quarter guidance. The Company expects revenue to be in the range of $20.8 to $21.2 million for first quarter. The adjusted EBITDA is expected to be in the range of $0.8 to $1.2 million for first quarter. The analysts on an average were expecting the Company to report revenues of $19.2 million and EBITDA $0.8 million for the first quarter of 2013.
Is TRLA after A Solid Pop Up? Find Out Here
Zoom Technologies, Inc. (NASDAQ:ZOOM) increased13.86% and closed at $0.74 on a traded volume of 120k shares.The 52-week range for the stock is $0.47 and $1.94. The Company has Price/Sales ratio of 0.04 and Price/Book ratio of 0.24. The 50-Day Moving Average and 200-Day Moving Average prices is $0.63 and $0.82 respectively.
Will ZOOM Continue To Trend Lower After The Recent Fall? Find Out Here
Authentidate Holding Corp. (NASDAQ:ADAT) went up 11.11% and closed at $0.7 on a traded volume of 152k shares. The Company released second quarter results. Revenues for the quarter were approximately $1,051,000 compared to $661,000 in the prior year period. These results reflect an increase in revenues from both telehealth products and services and hosted software services. Net loss for the quarter was $2,733,000, or $0.11 per share compared to $1,664,000 in the prior year period. The increase in net loss for the quarter is due primarily to the non-cash amortization of the debt discount on the company's senior secured notes and acquired licenses and higher selling, support, product development and stock compensation expenses.
Is ADAT a Buy Opportunity After The Recent Slump? Find Out Here
Zhone Technologies Inc. (NASDAQ:ZHNE) was up 10.54% and closed at $1.05 on a traded volume of 249k shares.The Company continues to gain momentum for the global deployment of its industry-leading MXK™ multi-service access node, garnering substantial growth for its Gigabit Passive Optical Network, Active Ethernet and Very-High-Bit-Rate Digital Subscriber Line connectivity.
Is ZHNE Still a Buy After The Recent momentum? Find Out Here
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