IPass (IPAS) Shares Up -7.5%

Doris Richards
April 23, 2018

(NASDAQ:IPAS). Morgan Stanley stated it has 0% of its capital in iPass Inc. That's change of 0.11, from 2017Q3's 0.65. Institutional investors own 17.74% of the company's stock. The investment professionals in our database reported: 10.44 million shares, down from 17.21 million shares in 2017Q3. Also, the number of investment professionals holding Ipass Inc in top ten equity positions decreased from 1 to 0 for a decrease of 1. The stock had previously closed at $0.40. -33.33 % EPS growth is what Wall Street's predicts after $-0.06 reported EPS last quarter. About 65,243 shares traded. Cytori Therapeutics, Inc. (NASDAQ:CYTX) has declined 82.57% since April 21, 2017 and is downtrending.

ArcBest Corporation provides freight transportation services and integrated logistics solutions worldwide. Using market capitalization to show the size of a company is important because company size is a basic determinant of various characteristics in which investors are interested, including risk. Forward P/E is a measure of the price-to-earnings ratio using forecasted earnings for the P/E calculation for the next fiscal year. This segment also offers motor carrier freight transportation services to clients in Mexico through arrangements with trucking companies. (NASDAQ:IPAS) to report $-0.04 EPS on May, 2.They anticipate $0.03 EPS change or 42.86% from last quarter's $-0.07 EPS. Cytori Therapeutics had 13 analyst reports since August 8, 2015 according to SRatingsIntel. (NASDAQ:IPAS). 3.27M are held by Renaissance Ltd Liability Corp.

Taking a broader look brokerage firms' analysts on the street with an expectant view have Ipass Inc (NASDAQ:IPAS) high price target of $2 and with a conservative view have low price target of $1.2. The stock has "Buy" rating by Maxim Group on Thursday, February 22. Bank Of New York Mellon Corp, a New York-based fund reported 53,977 shares. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. On Tuesday, April 3 the stock rating was upgraded by Stifel Nicolaus to "Hold". The stock has "Hold" rating by Stifel Nicolaus on Monday, May 2.

The stock decreased 7.93% or $0.03 during the last trading session, reaching $0.37.

Ipass Inc (NASDAQ:IPAS)'s trailing twelve month revenues are $54.4 Million, whereas its price to sales ratio for the same period is 0.45. IPAS underperformed the S&P500 by 79.05%. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. iPass earned a news sentiment score of -0.05 on Accern's scale. For the current quarter Ipass Inc (NASDAQ:IPAS) has high EPS estimates of $-0.03 in contradiction of low EPS estimates of $-0.05. The technology company reported ($0.06) earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of ($0.06).

iPass Inc. provides mobile connectivity that enables Wi-Fi access on various mobile devices in the United States and internationally. The company has market cap of $25.91 million. The firm offers mobile connectivity services that provide cloud solution allowing clients and their users access to its Wi-Fi network to stay connected to the people and information.

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