Lionbridge Technologies Inc. (NASDAQ:LIOX) down by 2.35%, Echo Therapeutics Inc (NASDAQ:ECTE)

Posted by Ryan Mandell May 14, 2013 0 Comment 1061 views


Lionbridge Technologies, Inc. (NASDAQ:LIOX) shares down by 2.35% to close at $2.49 in Monday’s trading session. The stock opened at $2.53. 1.62 Million is the last day trading volume while 0.276 million is the average trading volume which is measured over 30 days. The change in price compare to previous day is $0.06 which shows the fall in price. The total value of the company in the stock market is $166.00M. Earnings per share of Lionbridge is $0.11 and the stock’s risk in relation to the market i.e. beta $1.32. The percentage of share outstanding held by the institutional investors is 65.24%. The price range in the last trading day is $2.47 – $2.54. Lionbridge, a provider of language, content and testing solutions, announced an increase of $1.6 million in its 2013 first quarter revenue to $113.7 million over the first quarter of 2012. GAAP net loss of $3.0 million, or ($0.05) per share, was reported for the quarter.

The Street Ratings analysts have downgraded Lionbridge’s stock from “Buy” to “Hold”. Wunderlich reduced its target price $6.50 to $4.50.

Echo Therapeutics Inc (NASDAQ:ECTE) shares up by 0.20% to close at $0.500 in Monday’s trading session. The stock opened at $0.47. 0.150 Million is the last day trading volume while 0.250 million is the average trading volume which is measured over 30 days. The change in price compare to previous day is $0.00 which shows the price is constant. The total value of the company in the stock market is $31.57M. Earnings per share of Echo is $0.11 and the stock’s risk in relation to the market i.e. beta $1.32. The percentage of share outstanding held by the institutional investors is 65.24%. The price range in the last trading day is $0.46 – $0.50. The transdermal medical device company’s net loss for the 2013 first quarter was $7.0 million, or ($0.13) per share, compared to $3.0 million, or ($0.08) per share, for the same period of 2012.  The company had a cash balance of $5.2 million as of March 31, 2013.


About Ryan Mandell

Ryan Mandell is our senior staff writer covering the White House for Political Report, Ryan also coordinates with the main newsroom news items and contributing write-ups on cultural, social and political activities. Ryan holds an undergraduate degree in journalism, a Doctorate in international relations and a Master Degree in mass communications with an emphasis in print journalism. Ryan also covered the International Society of Social Defense congress in Spain in 2007 and taken part in the Global Forum on economic policies

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