Tech Stocks on Investors' Radar -- Infosys, Vmware, VimpelCom, and Hortonworks

NEW YORK, August 5, 2016 /PRNewswire/ --

In today's pre-market research, Stock-Callers.com looks at four Technology equities, namely: Infosys Ltd (NYSE: INFY), VMware Inc. (NYSE: VMW), VimpelCom Ltd (NASDAQ: VIP), and Hortonworks Inc. (NASDAQ: HDP). At the opening on Thursday, August 04, 2016, stocks in this sector were mixed as per NASDAQ. Learn more about these stocks by downloading their comprehensive and free reports at:

http://stock-callers.com/registration

Infosys  

Bengaluru, India headquartered Infosys Ltd's shares dropped 1.59%, closing the session at $16.09. The stock recorded a trading volume of 7.03 million shares, which was above its three months average volume of 3.65 million shares. The Company's shares are trading 8.36% below their 200-day moving average. Additionally, shares of Infosys, which together with its subsidiaries, provide consulting, technology, and outsourcing services in North America, Europe, India, and internationally, have a Relative Strength Index (RSI) of 27.44.

On July 15th, 2016, Infosys reported revenues of $2,501 million for the quarter ended June 30, 2016, also posting growth of 10.9% in reported terms on y-o-y basis. The company's net profit was $511 million for the quarter ended June 30, 2016, which grew 7.4% on y-o-y basis.

On July 18th, 2016, research firm Nomura downgraded the Company's stock rating from 'Buy' to 'Neutral'. INFY complete research report is just a click away and free at:

http://stock-callers.com/registration/?symbol=INFY


Vmware  

On Thursday, shares in Palo Alto, California headquartered VMware Inc. recorded a trading volume of 1.64 million shares. The stock saw a slight decline of 0.10%, ending the day at $70.33. The Company's shares have advanced 22.74% in the last month, 26.95% in the previous three months, and 24.32% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 11.54% and 24.50%, respectively. Furthermore, shares of VMware, which provides virtualization and cloud infrastructure solutions in the United States and internationally, have an RSI of 63.30.

On July 25th, 2016, VMware announced that leading analyst firm IDC has named VMware as the market share leader in both the worldwide cloud systems management and the datacenter automation software markets based on 2015 revenues. This is the third consecutive year that VMware has topped both categories.

On July 26th, 2016, research firm Citigroup downgraded the Company's stock rating from 'Buy' to 'Neutral'. The complimentary report on VMW can be downloaded at:


http://stock-callers.com/registration/?symbol=VMW


VimpelCom  

Amsterdam, the Netherlands headquartered VimpelCom Ltd's stock finished the day 3.67% higher at $4.24. A total volume of 1.35 million shares was traded, which was above their three months average volume of 929,630 shares. The Company's shares have gained 6.27% in the last one month, 19.77% over the previous three months, and 29.27% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 9.22% and 16.10%, respectively. Additionally, shares of VimpelCom, which offers voice, data, and other telecommunication services through a range of traditional and broadband mobile and fixed line technologies, have an RSI of 61.48.

On August 04th, 2016, VimpelCom reported revenue grew 16% to $2.16 billion in Q2 2016. VimpelCom's earnings before interest, taxation, depreciation and amortization (EBITDA) declined 26% to $795 million. The company's net profit rose 29% to $138 million. Sign up for your complimentary research report on VIP at:

http://stock-callers.com/registration/?symbol=VIP


Hortonworks  

Shares in Santa Clara, California headquartered Hortonworks Inc. ended yesterday's session 0.47% lower at $12.63. The stock recorded a trading volume of 1.29 million shares, which was higher than its three months average volume of 711,600 shares. The Company's shares have advanced 23.82% in the last one month and 11.97% in the previous three months. The stock is trading 12.08% above its 50-day moving average. Moreover, shares of Hortonworks, which focuses on the development, distribution, and support of Hadoop open source project in the United States and internationally, have an RSI of 64.85.

On July 11th, 2016, research firm DA Davidson upgraded the Company's stock rating from 'Neutral' to 'Buy', issuing a target price of $13 per share.

On August 04th, 2016, Hortonworks announced that its total GAAP revenue was $43.6 million for Q2 2016, increasing by 46% as compared to Q2 2015. The company noted that operating billings were $62.2 million for Q2 2016, an increase of 49% compared to Q2 2015. Hortonworks posted GAAP net loss for Q2 2016 of $64.2 million, or $1.12 per basic and diluted share, compared to a net loss of $43.0 million, or $1.01 per basic and diluted share, in Q2 2015. Get free access to your research report on HDP at:

http://stock-callers.com/registration/?symbol=HDP

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