Stocks To Watch: Weibo Corp (NASDAQ:WB), Hanwha Solarone (NASDAQ:HSOL), RMG Networks Holding Corporation (NASDAQ:RMGN), Quality Systems (NASDAQ:QSII), Sify Technologies (NASDAQ:SIFY)



Weibo Corp. (ADR) (NASDAQ:WB)’s net loss more than doubled in the first quarter as the Chinese microblogging service controlled by Sina Corp. (SINA:US) spent more to attract users. The first-quarter net loss was $47.4 million, compared with a loss of $19.2 million a year earlier, the Beijing-based company said in a statement yesterday. The loss matched the preliminary estimate provided in its listing prospectus. Weibo Corp (ADR) (NASDAQ:WB) stock performance was 6.19% in last session and finished the day at $20.25. Traded volume was 1.56million shares in the last session and the average volume of the stock remained 4.71million shares.

Hanwha Solarone Co Ltd (NASDAQ:HSOL) plunged -9.02% on 19 May 2014 after reporting a sequential quarterly drop in earnings and revenue over the March-ending period. By early afternoon, shares had dropped 9.4% to $2.50. Hanwha Solarone Co Ltd (NASDAQ:HSOL) rose 5.12 percent to $2.26 Wednesday on volume of 1.61million shares. The intra-day range of the stock was $2.17 to $2.39. Hanwha Solarone Co Ltd (NASDAQ:HSOL) has a market capitalization of $191.37million.

RMG Networks Holding Corporation (NASDAQ:RMGN) first quarter consolidated revenue of $12.6 million, on an adjusted basis, comprised of $10.1 million in adjusted Enterprise revenue and $2.5 million in Media revenue. Launched enhanced Visual Supply Chain solution expanding suite of visual communications solutions. Completed installation of the company’s Office Network and generated initial network revenues. Generated initial EMEA advertising bookings and added two EMEA airline partnerships with Etihad Airways and OnAir. South East Asia and China regions generated initial Enterprise revenues; Middle East continued strong growth. Cross-selling initiatives continued to gain traction with two global customers signing contracts spanning multiple geographies. RMG Networks Holding Corporation (NASDAQ: RMGN), or RMG Networks, a leading provider of technology-driven visual communications solutions, on 08 May 2014 announced its financial results for the first quarter ended March 31, 2014. RMG Networks Holding Corporation (NASDAQ:RMGN)’s stock on May 21, 2014 reported a increase of 27.83% to the closing price of $1.47. Its fifty two weeks range is $0.89 -$12.47. The total market capitalization recorded $14.22million. The overall volume in the last trading session was 896,026.00million shares. In its share capital, RMGN has 12.39million outstanding shares.

Quality Systems, Inc (NASDAQ:QSII) was upgraded by stock analysts at RBC Capital from a “sector perform” rating to an “outperform” rating in a report issued on Wednesday, TheFlyOnTheWall.com reports. The firm currently has a $19.00 target price on the stock. RBC Capital’s target price would indicate a potential upside of 23.94% from the company’s current price. The analysts noted that the move was a valuation call. On Wednesday, shares of Quality Systems, Inc. (NASDAQ:QSII) advanced 5.35% to close the day at $16.15. Company return on investment (ROI) is 14.00% and its monthly performance is recorded as 3.19%. Quality Systems, Inc. (NASDAQ:QSII) quarterly revenue growth is -7.87%.

Sify Technologies Limited (ADR) (NASDAQ:SIFY) has announced its consolidated results under International Financial Reporting Standards (IFRS) for the fiscal year 2013-14. Revenue for the year ended March 31, 2014 was Rs 10463 million, an increase of 22% over previous year. EBITDA for the year was Rs 1620 million, as against Rs 779 million over last year. Net Profit for the year was Rs 373 million as against a net profit of Rs 452 million for the previous year; the net profit for the previous year included a one-time gain of Rs 658 million from sale of stake in associate company. Raju Vegesna, Chairman and Managing Director, said, “This has been another year of steady progress toward our goals of higher-level engagement with our customers and improved financial performance. Sify Technologies Limited (ADR) (NASDAQ:SIFY) stock performance was 14.66% in last session and finished the day at $2.19. Traded volume was 3.28million shares in the last session and the average volume of the stock remained 197.74K shares. The beta of the stock remained 3.60. Sify Technologies Limited (ADR) (NASDAQ:SIFY) insider ownership is 8.11%.

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