SGOCO Group Ltd (SGOC)

3.50
0.10 2.90
NASDAQ : Consumer Goods
Prev Close 3.40
Open 3.50
Day Low/High 3.35 / 3.55
52 Wk Low/High 1.00 / 6.40
Volume 10.03K
Avg Volume 10.90K
Exchange NASDAQ
Shares Outstanding 9.39M
Market Cap 34.55M
P/E Ratio N/A
Div & Yield N.A. (N.A)

Latest News

SGOCO Group, Ltd. Announces It Has Retained A NYSE Member Firm As The Company's Strategic

SGOCO Group, Ltd. Announces It Has Retained A NYSE Member Firm As The Company's Strategic

Investment Banker will work to enhance "Shareholder Value" through Acquisitions

Why SGOCO Group (SGOC) Stock Is Skyrocketing Today

Why SGOCO Group (SGOC) Stock Is Skyrocketing Today

SGOCO Group (SGOC) stock is jumping after the company announced it has launched a new online sales platform on JD.com (JD).

Ratings Changes Today

Upgrades: AMCX, AWRE, IXYS, LMNR, MMYT, MPAA, NATI, PLPM, SGOC, TCPC Downgrades: CGIX, GPRC, NRT, PRSS Initiations: AMBI, TEP Read on to get TheStreet Quant Ratings' detailed report:

Why SGOCO Group (SGOC) Stock Is Plunging Today

Why SGOCO Group (SGOC) Stock Is Plunging Today

SGOCO Group (SGOC) plunged after the company reported unaudited preliminary results for the fourth quarter of the fiscal year 2013. The company, which designs, distributes and develops flat-panel displays, reported a 30.3% year-over-year decline in revenue to $44.2 million from $63.4 million. Net income plummeted 62.7% year over year to $1.2 million from $3.2 million, while earnings per share also dropped 63.2% to 7 cents from 19 cents. Gross profit fell 28.2% to $3.5 million from $4.9 million in the fourth quarter of 2012. SGOCO said in its statement that the sharp revenue decline comes from the "significant growth" the company had in the fourth quarter of 2012; the 2013 quarter, on the other hand, was "normal."

Ratings Changes Today

Upgrades: AI, BBX, CALL, CLDT, GRA, HIL, PJC, SSRI, VIMC, VIPS, VMC Downgrades: BT, HZNP, SGOC, SUNS, SWS, WSBF Initiations: None Read on to get TheStreet Quant Ratings' detailed report: