The stock of pdvWireless Inc (NASDAQ:PDVW) is a huge mover today! The stock increased 4.93% or $1.13 during the last trading session, hitting $24.03. About 77,317 shares traded hands or 25.08% up from the average. pdvWireless Inc (NASDAQ:PDVW) has declined 19.37% since February 29, 2016 and is downtrending. It has underperformed by 31.58% the S&P500.
The move comes after 9 months positive chart setup for the $346.37 million company. It was reported on Oct, 4 by Barchart.com. We have $36.53 PT which if reached, will make NASDAQ:PDVW worth $180.11M more.
Analysts await pdvWireless Inc (NASDAQ:PDVW) to report earnings on November, 8. They expect $-0.50 earnings per share, down 31.58% or $0.12 from last year’s $-0.38 per share. After $-0.70 actual earnings per share reported by pdvWireless Inc for the previous quarter, Wall Street now forecasts -28.57% EPS growth.
According to Zacks Investment Research, “pdvWireless, Inc. develops and sells wireless communications applications. It offers cloud-based pdvConnect mobile resource management solutions that enable businesses to locate and communicate with field workers, and enhance documentation of work events and job status. The company also sells and installs equipment used to run the wireless communications applications. pdvWireless, Inc., formerly known as Pacific DataVision, Inc., is headquartered in Woodland Park, New Jersey.”
More important recent pdvWireless Inc (NASDAQ:PDVW) news were published by: Prnewswire.com which released: “pdvWireless to Present at the Drexel Hamilton Telecom, Media & Technology …” on August 30, 2016, also Quotes.Wsj.com published article titled: “pdvWireless Inc. PDVW (US: Nasdaq)”, Finance.Yahoo.com published: “pdvWireless Vice Chairman, Morgan O’Brien, to receive Armstrong Medal” on September 12, 2016. More interesting news about pdvWireless Inc (NASDAQ:PDVW) was released by: Marketwatch.com and their article: “PdvWireless and 6 other tech, media and telecom stock picks for 2016” with publication date: December 22, 2015.
PDVW Company Profile
pdvWireless, Inc., formerly Pacific DataVision, Inc., incorporated on April 28, 2014, is a wireless communications carrier and a well-known provider of mobile workforce communication and location solutions. The Company’s solutions focus on enhancing the productivity of its customers’ field workers, and the efficiency of their dispatch and call center operations. The Firm is deploying and operating the two-way radio networks that offer push-to-talk (PTT) communications services to primarily dispatch-centric, small and medium-sized businesses. The Firm has launched its PTT networks in markets throughout the United States. The Firm offers its DispatchPlus service, which combines pdvConnect, its suite of mobile communication and workforce management applications with digital network architecture and mobile devices. Developed for dispatch-centric businesses, pdvConnect enables businesses to locate and communicate with their field workers.
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