ValuEngine upgraded shares of Glowpoint, Inc. (NYSEMKT:GLOW) from a sell rating to a hold rating in a research report released on Tuesday morning.
Shares of Glowpoint (GLOW) opened at 0.311 on Tuesday. The stock has a 50 day moving average price of $0.30 and a 200-day moving average price of $0.30. The firm’s market cap is $11.25 million. Glowpoint has a 52-week low of $0.14 and a 52-week high of $0.61.
Glowpoint (NYSEMKT:GLOW) last posted its quarterly earnings data on Monday, July 31st. The technology company reported ($0.02) earnings per share for the quarter. The company had revenue of $3.86 million for the quarter. Glowpoint had a negative return on equity of 75.42% and a negative net margin of 16.37%.
COPYRIGHT VIOLATION NOTICE: This report was posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are viewing this report on another site, it was illegally stolen and republished in violation of U.S. & international copyright laws. The original version of this report can be read at https://stocknewstimes.com/2017/08/05/glowpoint-inc-glow-upgraded-to-hold-at-valuengine.html.
About Glowpoint
Glowpoint, Inc provides video collaboration and network applications. The Company provides a range of video collaboration services, from automated to orchestrated, to address the spectrum of user experience and business applications. It delivers its services through a hybrid service platform or as a service layer on top of its customers’ video infrastructure.
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Glowpoint Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Glowpoint Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
