SmarTrend analyzes over 5,000 stocks simultaneously on an intraday basis using its pattern recognition technology to give you real-time alerts for stocks on the move -- so you can maximize your trading results. Let our system increase your market awareness.
Technical Analysis
- 8/28/2008 1:34:09 PM
By Chip Brian, SmarTrend Analytics Team
Shares of NexCen Brands, Inc. (NASDAQ:NEXC) fell to a 17-moth low Friday, after reporting third-quarter financial results that failed to meet analysts' expectations. Net income for the quarter was $117,000 or 0 cents per share, compared to a net loss of $822,000 in the same period last year. Revenues for the quarter were $11.33 million. Analysts had predicted earnings of 6 cents per share on revenues of $13.44 million. Shares of NexCen were down $1.14 to $4.58 in Friday afternoon trading.
Contact Chip Brian
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com. Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at www.TradeTheTrend.com/signup.html
|
