Can Image Sensing Systems Inc (ISNS), Sterling Construction Company Inc (STRL) and Inventergy Global Inc(INVT) Surprise The Market?
New York, NY – GDP INSIDER – 03/17/2015.
This article discusses three companies: Image Sensing Systems Inc (NASDAQ:ISNS), Sterling Construction Company Inc (NASDAQ:STRL) and Inventergy Global Inc (NASDAQ:INVT)
Image Sensing Systems Inc (NASDAQ:ISNS) broke through its $2.74 year to date resistance level briefly yesterday, before closing up 6.77% or $0.17 at $2.68 on very active trading volume of 0.622 million shares, compared to its three month average trading volume of 0.095 million. The increase comes ahead of the video and radar image processing company announcing its fourth quarter and full year results which are due in two days, after the close of trading on March 19th. If the results beat market expectations, then the stock could climb further, making it a solid hold and a potential buy.
Sterling Construction Company Inc(NASDAQ:STRL) soared 30.33% or $0.91 yesterday, to close at $3.91 on heavy trading of 1.237 million shares. The rapid climb was the result of mixed news, with the transportation and water infrastructure reconstruction and repair company announcing a loss of $7.3 million dollars for the fourth quarter and $9.8 million for the full year. Shortly after, Sterling Construction Company Inc announced that it had reached agreement over its breach of its credit facility allowing it further liquidity to continue operations. Given the volatile situation it is better to hold than buy for now.
Inventergy Global Inc(NASDAQ:INVT) the intellectual property company fell back yesterday to close down 5.37% or $0.04 at $0.7050, on slightly higher than average trading volume of 0.354 million shares. The company has been trading within a relatively narrow range of between $0.44 and $0.80 over the last three months and has been on decline for the last 52 weeks, with the share price falling 87.90% over the period. Without strong positive news, the stock does not look likely to recover in the near term, but at this price it could be a medium to long term investment opportunity.
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