NEW YORK, July 21, 2016 /PRNewswire/ --
As innovations continue to drive the Tech sector forward, many new players are fast emerging, resulting to some stiff competition. And given the high demand for related products, operators are now even more strategic when it comes to their offerings and operations. Take a closer look at this morning's lineup on Stock-Callers.com: Flextronics International Ltd (NASDAQ: FLEX), Take-Two Interactive Software Inc. (NASDAQ: TTWO), Rovi Corp. (NASDAQ: ROVI), and Net Element Inc. (NASDAQ: NETE). Receive our complimentary notes on the aforementioned equities by visiting the link below:
On Wednesday, shares in Singapore-based Flextronics International Ltd recorded a trading volume of 8.45 million shares, which was above their three months average volume of 4.66 million shares. The stock ended the day at $13.25, climbing 2.55%. The Company's shares have gained 2.08% in the last one month, 8.52% over the previous three months, and 18.20% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.12% and 15.31%, respectively. Furthermore, shares of Flextronics International, which provides design, engineering, manufacturing, and supply chain services and solutions to original equipment manufacturers worldwide, have a Relative Strength Index (RSI) of 66.36.
On July 12th, 2016, Flex announced a partnership with MAS Holdings, a technology apparel design-to-delivery solutions provider, to develop revolutionary new wearable technologies that accelerate and integrate the Intelligence of Things into clothing and enable more natural, intuitive interactions between people and technology. FLEX complete notes is just a click away at:
Take-Two Interactive Software
New York headquartered Take-Two Interactive Software Inc.'s stock finished yesterday's session 1.48% higher at $40.52, and with a total volume of 865,587 shares traded. The Company's shares have gained 7.25% in the last one month, 10.23% over the previous three months, and 16.30% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.56% and 14.55%, respectively. Furthermore, shares of Take-Two Interactive Software, which develops, publishes, and markets interactive entertainment solutions for consumers worldwide, have an RSI of 61.47.
On June 24th, 2016, Take-Two Interactive Software, 2K and Firaxis Games announced a partnership with GlassLab Inc., a nonprofit learning company, to bring a modified version of Sid Meier's Civilization V to high schools in North America in the fall of 2017. Sid Meier's Civilization V has sold-in more than 8 million units worldwide, was one of the most critically acclaimed PC games of 2010, and earned numerous awards and accolades. CivilizationEDU will provide students with the opportunity to think critically and create historical events, consider and evaluate the geographical ramifications of their economic and technological decisions, and to engage in systems thinking and experiment with the causal/correlative relationships between military, technology, political and socioeconomic development. The complimentary notes on TTWO can be accessed at:
At the closing bell on Wednesday, shares in San Carlos, California headquartered Rovi Corp. rose 2.80%, ending the day at $18.01. The stock recorded a trading volume of 795,614 shares. The Company's shares have advanced 2.39% in the last one month, 0.61% over the previous three months, and 8.10% since the start of this year. The stock is trading 8.96% and 12.56% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Rovi, which provides solutions for the discovery and personalization of digital entertainment to service providers and consumer electronics industry worldwide, have an RSI of 66.24.
On July 11th, 2016, Rovi Corporation and TiVo Inc. announced that the Federal Trade Commission and the Antitrust Division of the Department of Justice granted early termination for the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act relating to the proposed acquisition of TiVo by Rovi, announced on April 29th, 2016 for $10.70 per share in cash and stock for total consideration of approximately $1.1 billion. Both Rovi and TiVo continue to expect the transaction to close in the third quarter of calendar year 2016. Sign up for your complimentary notes on ROVI at:
North Miami Beach, Florida headquartered Net Element Inc.'s stock ended the day 4.31% higher at $2.18 and with a total volume of 237,256 shares traded. The Company's shares have gained 5.31% in the last month, 531.88% over the previous three months, and 1,059.57% on an YTD basis. The stock is trading 31.02% above its 50-day moving average and 277.58% above its 200-day moving average. Additionally, shares of Net Element, which operates as a technology provider with an integrated mobile and transactional services platform serving emerging market clients, have an RSI of 65.70.
Under notes filed with the Security Exchange Commission on July 12th, 2016, Net Element has entered into a common stock purchase agreement with ESOUSA HOLDINGS, LLC, a New York limited liability company, under which ESOUSA is committed to purchase up to an aggregate of $10 million of shares of the Company's common stock over the 30-month term of the Purchase Agreement, subject to terms and conditions. Get free access to your notes on NETE at: http://stock-callers.com/registration/?symbol=NETE
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