Stock of the Day: Could BSQUARE Corporation Decline After Today’s Big Increase?

Stock of the Day: Could BSQUARE Corporation Decline After Today's Big Increase?

The stock of BSQUARE Corporation (NASDAQ:BSQR) is a huge mover today! About 62,127 shares traded hands. BSQUARE Corporation (NASDAQ:BSQR) has declined 32.08% since March 10, 2016 and is downtrending. It has underperformed by 39.60% the S&P500.
The move comes after 9 months positive chart setup for the $50.90 million company. It was reported on Oct, 13 by Barchart.com. We have $11.93 PT which if reached, will make NASDAQ:BSQR worth $86.53 million more.

Analysts await BSQUARE Corporation (NASDAQ:BSQR) to report earnings on November, 10.

According to Zacks Investment Research, “BSquare Corporation provides a broad range of products and services that facilitate the creation and deployment of a class of devices called Intelligent Computing Devices. Original Equipment Manufacturers, semiconductor vendors, original design manufacturers, software developers, value-added resellers, Internet service providers and network service providers rely on their products and services to help bring customized intelligent computing devices and their applications to market quickly at lower cost and with higher quality.”

Insitutional Activity: The institutional sentiment decreased to 0.29 in Q2 2016. Its down 0.53, from 0.82 in 2016Q1. The ratio worsened, as 11 funds sold all BSQUARE Corporation shares owned while 13 reduced positions. 2 funds bought stakes while 5 increased positions. They now own 3.55 million shares or 18.16% less from 4.34 million shares in 2016Q1.
Oxford Asset Mngmt has 46,743 shares for 0.01% of their US portfolio. Jacobs Levy Equity Management reported 35,807 shares or 0% of all its holdings. Deutsche National Bank & Trust Ag holds 0% or 13,533 shares in its portfolio. Tower Research Llc (Trc) owns 274 shares or 0% of their US portfolio. Bank & Trust Of America Corporation De accumulated 0% or 9 shares. Bridgeway Cap Mgmt owns 250,200 shares or 0.02% of their US portfolio. California Employees Retirement holds 0% of its portfolio in BSQUARE Corporation (NASDAQ:BSQR) for 42,450 shares. Marathon Capital Mgmt owns 15,000 shares or 0.04% of their US portfolio. Tortoise Invest Management Ltd Limited Liability Company owns 358 shares or 0% of their US portfolio. Eagle Advsrs Limited Liability Corp owns 47,882 shares or 0.01% of their US portfolio. Blackrock Invest Mgmt Ltd Llc, a New Jersey-based fund reported 2,028 shares. Gsa Cap Prtn Llp accumulated 0.02% or 79,600 shares. Blackrock Fund Advisors accumulated 30,059 shares or 0% of the stock. Tfs Ltd Liability Company holds 0.02% or 16,963 shares in its portfolio. Ladenburg Thalmann Fincl Service reported 2,308 shares or 0% of all its holdings.

Insider Transactions: Since May 26, 2016, the stock had 2 insider buys, and 1 sale for $82,654 net activity. Wagstaff David had sold 12 shares worth $65. 3,500 shares with value of $21,485 were bought by Chase Jerry D on Tuesday, June 7. Another trade for 10,000 shares valued at $61,234 was bought by Harries Andrew Stanley Guy.

More notable recent BSQUARE Corporation (NASDAQ:BSQR) news were published by: Prnewswire.com which released: “Bsquare Corporation Schedules Second Quarter 2016 Earnings Conference Call” on July 20, 2016, also Prnewswire.com with their article: “Bsquare Receives TMCnet Tech Culture Award” published on September 21, 2016, Prnewswire.com published: “Bsquare to Present at the Dougherty & Co. Institutional Investor Conference on …” on September 14, 2016. More interesting news about BSQUARE Corporation (NASDAQ:BSQR) were released by: Seekingalpha.com and their article: “BSQUARE Corporation’s (BSQR) CEO Jerry Chase on Q2 2017 Results – Earnings …” published on August 06, 2016 as well as Seekingalpha.com‘s news article titled: “Market Overreaction Leaves Bsquare Undervalued” with publication date: December 11, 2015.

BSQR Company Profile

BSQUARE Corporation, incorporated on July 15, 1994, resells software from Microsoft Corporation (Microsoft) and provides software solutions and related engineering services to companies that develop smart, connected systems. A smart, connected system is a dedicated purpose computing device that typically has a display, runs an operating system (Microsoft Windows or Google Android platform) and is connected to a network or data cloud through a wired or wireless connection. The Company’s smart, connected systems include set-top boxes, home gateways, point-of-sale terminals, kiosks, voting machines, gaming platforms, tablets, handheld data collection devices, personal media players, smart phones, smart vending machines, automated teller machines (ATMs), casino gaming machines, digital signs and in-vehicle telematics and entertainment devices. It is focused on smart, connected systems that utilize various Microsoft Windows Embedded and Windows Mobile operating systems, as well as devices running on other operating systems, such as Android, Linux and QNX. The Firm operates in North America, Asia and Europe.

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