TigerLogic Corporation (TIGR): Today's Featured Computer Software & Services Loser
The computer software & services industry closed the day up 3%. Kingtone Wirelessinfo Solution (KONE), Netsol Technologies Inc (NTWK), Wizzard Software Corporation (WZE), and SXC Health Solutions Corporation (SXCI) were all decliners today within the computer software & services industry with TigerLogic Corporation (TIGR) being today's featured computer software & services loser. TigerLogic Corporation fell one cent (-0.5%) to $2.70 on light volume. Throughout the day, 4,948 shares of TigerLogic Corporation exchanged hands as compared to its average daily volume of 9,100 shares. TigerLogic Corporation engages in the design, development, sale, and support of software infrastructure, Internet search enhancement tools, and a social media content aggregation platform in North America, the United Kingdom, France, and Germany. TigerLogic Corporation has a market cap of $76.8 million and is part of the technology sector. Shares are down 42.9% year to date as of the close of trading on Monday. TheStreet Ratings rates TigerLogic as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself.
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