Tech Stocks in Bullish zone: Camtek (NASDAQ:CAMT), Control4 (NASDAQ:CTRL), 2U Inc (NASDAQ:TWOU), Glowpoint (NYSEMKT:GLOW)

Camtek Ltd. (NASDAQ:CAMT), on 01 May 2014 announced its financial results for the quarter ended March 31, 2014. Revenues of $22.1 million; Improved gross margins of 45.9% (non-GAAP); 45.8% on a GAAP basis; Non-GAAP and GAAP operating income of $1.2 million or 5.5% and 5.3% of revenues, respectively; Non-GAAP net income of $0.9 million; GAAP net income of $0.6 million; Positive cash flow from operating activities of $1.3 million; Second quarter revenue guidance of $22-24 million. Camtek LTD. (NASDAQ:CAMT) stock performance was 6.33% in last session and finished the day at $3.36. Traded volume was 273.10K shares in the last session and the average volume of the stock remained 176.29K shares. The beta of the stock remained 2.20. Camtek LTD. (NASDAQ:CAMT) insider ownership is 5.63%.

Control4 Corp (NASDAQ:CTRL) has earned an average recommendation of “Buy” from the eight brokerages that are currently covering the company, reports. Seven analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. Control4 Corp (NASDAQ:CTRL) rose 6.53 percent to $19.26 Monday on volume of 930.70K shares. The intra-day range of the stock was $18.18 to $19.33. Control4 Corp (NASDAQ:CTRL) has a market capitalization of $456.49million.

The Whitman School of Management and 2U, Inc. (NASDAQ:TWOU) a publicly-traded company that provides platforms for teaching online courses, are partnering to offer a new online business degree program called [email protected] 2U Inc (NASDAQ:TWOU)’s stock on June 23, 2014 reported a increase of 8.57% to the closing price of $16.62. Its fifty two weeks range is $10.52-$16,75. The total market capitalization recorded $668.33million. The overall volume in the last trading session was 207.50K shares. In its share capital, TWOU has 40.21million outstanding shares.

On May 28, 2014, Glowpoint, Inc. (NYSEMKT:GLOW) entered into indemnification agreements with each of its directors and officers (the “Indemnification Agreements”). Under the Indemnification Agreements the Company is required to indemnify its directors and officers to the full extent authorized or permitted by the provisions of the Delaware General Corporation Law and the Company’s by-laws, provided that the director or officer acted in good faith and in a manner such person reasonably believed to be in or not opposed to the best interests of the Company, and, with respect to any criminal proceeding, the director or officer had no reasonable cause to believe such person’s conduct was unlawful. Under the Indemnification Agreements the Company is also required to advance expenses to the director or officer in connection with such person’s defense. On Monday, shares of Glowpoint, Inc. (NYSEMKT:GLOW) advanced 9.63% to close the day at $1.48. Company return on investment (ROI) is -6.70% and its monthly performance is recorded as -9.76%. Glowpoint, Inc. (NYSEMKT:GLOW) quarterly revenue growth is -21.69%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone