Accelr8 Technology Corporation Stock Downgraded (AXK)
- ACCELR8 TECHNOLOGY CORP has exprienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. The company has suffered a declining pattern earnings per share over the past two years. During the past fiscal year, ACCELR8 TECHNOLOGY CORP swung to a loss, reporting -$0.03 versus $0.06 in the prior year.
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Life Sciences Tools & Services industry. The net income has significantly decreased by 116.5% when compared to the same quarter one year ago, falling from $1.80 million to -$0.30 million.
- Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Life Sciences Tools & Services industry and the overall market, ACCELR8 TECHNOLOGY CORP's return on equity significantly trails that of both the industry average and the S&P 500.
- The gross profit margin for ACCELR8 TECHNOLOGY CORP is currently very high, coming in at 100.00%. AXK has managed to maintain the strong profit margin since the same quarter of last year. Despite the mixed results of the gross profit margin, AXK's net profit margin of -296.00% significantly underperformed when compared to the industry average.
- AXK, with its very weak revenue results, has greatly underperformed against the industry average of 10.7%. Since the same quarter one year prior, revenues plummeted by 95.4%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
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