Worth Watching: Kingtone Wirelessinfo Solutions Hldg Ltd Has Another Very Weak Trading Session

Worth Watching: Kingtone Wirelessinfo Solutions Hldg Ltd Has Another Very Weak Trading Session

The stock of Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) is a huge mover today! About 53,681 shares traded hands. Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) has risen 155.79% since April 18, 2016 and is uptrending. It has outperformed by 151.36% the S&P500.
The move comes after 9 months negative chart setup for the $11.40 million company. It was reported on Nov, 18 by Barchart.com. We have $5.01 PT which if reached, will make NASDAQ:KONE worth $1.14 million less.

According to Zacks Investment Research, “Kingtone Wirelessinfo Solution Holding Ltd, based in China, is a software and solutions developer focused on wirelessly enabling businesses and government agencies to more efficiently manage their operations. The Company’s products, known as mobile enterprise solutions, allow company personnel whose work function requires mobility (as opposed to operating from a single work station) to be connected with enterprise information technology, or IT systems, including Enterprise Asset Management (EAM), Enterprise Resource Planning (ERP), Supply Chain Management (SCM), and Customer Relationship Management (CRM). The Company’s software enables such systems to get extended to personnel in the field using wireless devices such as smart phones, PDAs, cameras, barcode scanners, portable printers, GPS devices, and tablet computers. Mobile enterprise solutions also include custom software applications for specific industries and businesses. Kingtone Wirelessinfo Solution Holding Ltd is headquartered in Xian, China.”

More notable recent Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) news were published by: Prnewswire.com which released: “Kingtone Wirelessinfo Solution Holding Ltd Reports The First Six Months of …” on June 30, 2016, also Marketwatch.com with their article: “Kingtone Wirelessinfo Solution Holding Ltd. ADR” published on November 19, 2010, Prnewswire.com published: “Kingtone Wirelessinfo Solution Holding Ltd Announces to Hold an Earnings …” on June 29, 2016. More interesting news about Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) were released by: Prnewswire.com and their article: “Kingtone Wirelessinfo Solution Holding Ltd Reports Fiscal Year 2015 Financial …” published on January 20, 2016 as well as Quotes.Wsj.com‘s news article titled: “DOW JONES, A NEWS CORP COMPANY” with publication date: February 12, 2011.

KONE Company Profile

Kingtone Wirelessinfo Solution Holding Ltd, incorporated on October 27, 2009, is a holding company. The Company, through Xi’an Kingtone Information Technology Co., Ltd., develops and provides mobile enterprise solutions. The Company’s mobile enterprise solutions allow firm personnel whose work function requires mobility to be connected with enterprise information technology (IT) systems, including enterprise asset management (EAM), enterprise resource planning (ERP), supply chain management (SCM) and customer relationship management (CRM). The Company’s software enables such systems to get extended to personnel in the field using wireless devices, such as smart phones, personal digital assistants (PDAs), cameras, barcode scanners, portable printers, global positioning system (GPS) devices and tablet computers. The Company’s mobile enterprise solutions also contain custom software applications for specific industries and businesses.

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