Truces Call By Bulls and Bears: VeriFone Systems (NYSE:PAY), AVX Corporation (NYSE:AVX)

Shares of VeriFone Systems, Inc. (NYSE:PAY) [Trend Analysis] runs in leading trade, it plunging -0.12% to traded at $16.44. The firm has price volatility of 2.52% for a week and 3.15% for a month. Its beta stands at 2.02 times. Verifone (PAY) reported that its Q4 loss of $4.5 million or $0.04 per share, compared to profit of $38.2 million or $0.33 per share last year. Adjusted earnings were $0.30 per share, down from $0.49 per share.

Revenues for the quarter dropped 9.7 percent to $464.2 million from $514.1 million last year.Analysts polled by Thomson Reuters expected earnings of $0.29 per share on revenues of $461.3 million.Looking forward to the full year, Verifone expects adjusted revenues of $1.900 billion to $1.915 billion and adjusted earnings of $1.35 to $1.39 per share. For the first quarter, revenues of about $450 million and earnings of about $0.20 per share. Narrow down four to firm performance, its weekly performance was 0.31% and monthly performance was 1.48%. The stock price of PAY is moving down from its 20 days moving average with -3.27% and isolated positively from 50 days moving average with 1.36%.

AVX Corporation (NYSE:AVX) [Trend Analysis] luring active investment momentum, shares a gain 0.06% to $15.78. AVX Corporation (NYSE: AVX) has extended and upgraded its TCR Series professional conductive polymer chip capacitors with new case sizes, capacitance values, and voltage ratings, a higher maximum operating temperature, enhanced performance capabilities in humid environments, MIL-STD-202 mechanical shock and vibration qualification, and improved reliability.

“Our new and improved TCR Series conductive polymer chip capacitors provide design engineers with an even better and broader range of robust devices especially designed for long-term use in harsh environment applications that require low ESR and high reliability,” said Mitch Weaver, a member of the technical staff at AVX. The total volume of 176600 shares held in the session was surprisingly higher than its average volume of 142.55 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -54.90%, and looking further price to next year’s EPS is 2.74%. While take a short look on price to sales ratio, that was 2.16 and price to earning ratio of 28.03 attracting passive investors.

 

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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