Home / Tech & Systems / Stocks Shining Bright on Wall Street- Inventergy Global, Inc. (NASDAQ:INVT), Rennova Health, Inc. (NASDAQ:RNVA)

Stocks Shining Bright on Wall Street- Inventergy Global, Inc. (NASDAQ:INVT), Rennova Health, Inc. (NASDAQ:RNVA)

Inventergy Global, Inc. (NASDAQ:INVT) runs in leading trade, it jumping up 9.76% to traded at $1.80. Inventergy Global, Inc. (INVT) reported recently that Pabellon, Inc., one of the new partners of Inventergy Innovations, LLC, Inventergy’s recently released subsidiary, is presently engaged with a Fortune 100 firm to create a proof of concept (POC) to demonstrate its breakthrough Surface Plane Magnetic Technology™ to continuously charge remote internet devices.

Joe Beyers, CEO of Inventergy, stated, “Launching this POC demonstrates the important value prospects we create for our partners through a exclusive monetization model that can quickly provide commercialization opportunities on a much larger scale. In less than 10 weeks following forming a alliance with Inventergy Innovations, Pabellon is now heavily engaged with a large multi-national firm. We will continue to seek opportunities with targeted investment, shorter time for execution, lower up-front capital outlays and lower operating costs, generating higher returns that can expand our income opportunities for our stakeholders.”

To find out the technical position of INVT, it holds price to book ratio of 5.00 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. INVT is presenting price to cash flow of 14.82.  EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 70.40%. While take a short look on price to sales ratio, that was 4.23.

Several matter pinch shares of Rennova Health, Inc. (NASDAQ:RNVA), as shares moving up 0.26% to $0.19 with a share volume of 1.54 Million. . The stock is going forward its 52-week low with 8.45% and moving down from its 52-week high price with -97.40%. To have technical analysis views, liquidity ratio of a company was calculated 0.60

Attached to this report as Exhibit 99.1 is a presentation that Rennova Health, Inc. may present to investors, analysts and others. The information furnished pursuant to this Item 7.01, comprising Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Firm under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

 The firm has price volatility of 10.99% for a week and 8.95% for a month. Its beta stands at -0.09 times. Narrow down four to firm performance, its weekly performance was -18.75% and monthly performance was -22.00%. The float short ratio was 4.68%, as compared to sentiment indicator; Short Ratio was 0.68.


About Aaron Smithies

Aaron Smithies has a wide look on current monetary and financial events. He is an editor and a writer. His views; At Streetwise Report, we think the best opportunities arise from a complete understanding of all investing disciplines in order to identify the most attractive stocks at any given time. Interests: Biotech, Finical markets, Dividend stock ideas & income, Energy stocks, Consumer goods stocks

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