The stock of Voltari Corp (NASDAQ:VLTC) is a huge mover today! About 329,709 shares traded hands or 711.33% up from the average. Voltari Corp (NASDAQ:VLTC) has declined 49.66% since March 10, 2016 and is downtrending. It has underperformed by 57.17% the S&P500.
The move comes after 5 months positive chart setup for the $20.73M company. It was reported on Oct, 13 by Barchart.com. We have $6.89 PT which if reached, will make NASDAQ:VLTC worth $37.11 million more.
Analysts await Voltari Corp (NASDAQ:VLTC) to report earnings on November, 11.
According to Zacks Investment Research, “Voltari Corporation offers mobile data service solutions through service platform. The Company provides mobile advertising, mobile marketing, mobile merchandising and predictive analytics solutions to mobile operators, consumer brands and advertising agencies. Voltari Corporation is headquartered in New York.”
Insitutional Activity: The institutional sentiment decreased to 1 in Q2 2016. Its down 0.20, from 1.2 in 2016Q1. The ratio dived, as 1 funds sold all Voltari Corp shares owned while 6 reduced positions. 5 funds bought stakes while 2 increased positions. They now own 5.16 million shares or 1.03% more from 5.11 million shares in 2016Q1.
Barclays Plc has 0% invested in the company for 17 shares. Gmt Corp has 52,455 shares for 0% of their US portfolio. Financial Bank Of Montreal Can reported 10,000 shares or 0% of all its holdings. Wells Fargo & Company Mn holds 0% or 173 shares in its portfolio. The New York-based Goldman Sachs Grp Incorporated has invested 0% in Voltari Corp (NASDAQ:VLTC). Blackrock Institutional Communications Na last reported 0% of its portfolio in the stock. Blackrock Fund Advisors holds 0% of its portfolio in Voltari Corp (NASDAQ:VLTC) for 12,157 shares. Geode Cap Mngmt Limited has invested 0% of its portfolio in Voltari Corp (NASDAQ:VLTC). Blackrock Inv Mgmt Limited Liability Corporation has 0% invested in the company for 696 shares. Moreover, Amer Financial Grp Inc has 0% invested in Voltari Corp (NASDAQ:VLTC) for 14,130 shares. Da Davidson And holds 0% or 22 shares in its portfolio. Commercial Bank Of America De holds 0% or 676 shares in its portfolio. Icahn Carl C accumulated 4.74 million shares or 0.08% of the stock. Fincl Architects Inc accumulated 2,170 shares or 0% of the stock. Art Advsr Ltd Company reported 27,041 shares or 0% of all its holdings.
More recent Voltari Corp (NASDAQ:VLTC) news were published by: Quotes.Wsj.com which released: “News Voltari Corp.VLTC” on April 12, 2013. Also Investorplace.com published the news titled: “How Carl Icahn Sent Voltari Stock Up Nearly 500% in April (VLTC)” on April 09, 2015. Reuters.com‘s news article titled: “BRIEF-Voltari Corp appointed Andreea Paraschivoiu as CFO” with publication date: May 05, 2016 was also an interesting one.
VLTC Company Profile
Voltari Corporation, incorporated on December 14, 2012, is engaged in the business of acquiring, financing and leasing commercial real properties. The Firm owns approximately one commercial real property in Long Branch, New Jersey, which it leases to JPMorgan Chase Bank, N.A. (Chase) pursuant to a triple net lease (the Long Branch Lease). The Firm intends to acquire additional properties primarily in the Northeast United States.
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