This Morning's Research Reports on Telecom Services Stocks -- iPass, KT Corp., Telefonica, and VEON
NEW YORK, Feb. 27, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on IPAS, KT, TEF, and VEON which can be accessed for free by signing up to www.wallstequities.com/registration. Companies in the Foreign Telecom Services space offer telephone service, cable television, wireless communications, and Internet and satellites services. Today, WallStEquities.com scans iPass Inc. (NASDAQ: IPAS), KT Corp. (NYSE: KT), Telefonica S.A. (NYSE: TEF), and VEON Ltd (NASDAQ: VEON). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
iPass
Redwood Shores, California headquartered iPass Inc.'s stock finished Monday's session 11.34% lower at $0.39. A total volume of 592,553 shares was traded, which was above their three months average volume of 489,030 shares. The Company's shares are trading below their 50-day moving average by 22.48%. Furthermore, shares of iPass, which provides mobile connectivity that enables Wi-Fi access on various mobile devices in the US and internationally, have a Relative Strength Index (RSI) of 34.86.
On February 21st, 2018, iPass reported its results for the quarter and year ended December 31st, 2017. For Q4 2017, total revenue was $13.2 million, GAAP net loss was $(4.3) million, and adjusted EBITDA was a loss of $(3.8) million. For the full year 2017, total revenue was $54.4 million, GAAP net loss was $(20.6) million, and adjusted EBITDA was a loss of $(16.5) million. Get the full research report on IPAS for free by clicking below at: www.wallstequities.com/registration/?symbol=IPAS
KT Corp.
Shares in Seongnam, South Korea headquartered KT Corp. ended at $13.47, up slightly by 0.07% from the last trading session. The stock recorded a trading volume of 911,941 shares. The Company's shares are trading 10.30% below their 50-day moving average. Moreover, shares of KT Corp., which provides telecommunications services in Korea, have an RSI of 33.20.
On February 06th, 2018, research firm Nomura downgraded the Company's stock rating from 'Buy' to 'Neutral'. Download our actionable research report on KT at: www.wallstequities.com/registration/?symbol=KT
Telefonica
Madrid, Spain headquartered Telefonica S.A.'s stock ended yesterday's session 0.40% higher at $9.94. A total volume of 2.50 million shares was traded, which was above their three months average volume of 1.48 million shares. The Company's shares are trading 1.14% above their 50-day moving average. Additionally, shares of Telefonica, which provides mobile and fixed communication services primarily in the European Union and Latin America, have an RSI of 57.61.
On February 09th, 2018, research firm Jefferies upgraded the Company's stock rating from 'Underperform' to 'Hold'. Register for your free report coverage on TEF at: www.wallstequities.com/registration/?symbol=TEF
VEON
On Monday, shares in Amsterdam, the Netherlands headquartered VEON Ltd recorded a trading volume of 14.65 million shares, which was above their three months average volume of 4.21 million shares. The stock finished 0.32% lower at $3.08. The Company's shares are trading below their 50-day moving average by 18.43%. Furthermore, shares of VEON, which through its subsidiaries, provides mobile and fixed-line telecommunications services, have an RSI of 23.94.
On February 08th, 2018, research firm Goldman downgraded the Company's stock rating from 'Buy' to 'Neutral'.
On February 26th, 2018, VEON and PJSC "MegaFon" announced the completion of the transaction to end their Euroset joint venture. Pursuant to terms of the transaction, PJSC VimpelCom, the Russian subsidiary of VEON, acquired half of Euroset's retail stores and pays to MegaFon RUB 1.25 billion (approximately USD 20 million), subject to certain adjustments, while MegaFon acquired PJSC VimpelCom's 50% interest in Euroset, resulting in MegaFon now owning 100% of Euroset with all of its debt and liabilities. Get the free research report on VEON at: www.wallstequities.com/registration/?symbol=VEON
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