Why Indentive Group (INVE) Shares Are Falling Today

NEW YORK (TheStreet) -- Identive Group (INVE) was falling 2.7% to $1.10 Tuesday after it entered into a $20 million term loan and line-of-credit agreement through Opus Banks' Technology Banking Division.

Identiv will use the $20 million to retire existing debt and enhance liquidity. In a press release the company claims it will use the proceeds to "create a stronger financial platform to accelerate growth."

"We are now focusing on delivering trust solutions for the rapidly expanding connected world," Jason Hart, CEO of Identiv, said in a press release. "Our 'Trust Your World' vision is applicable to billions of everyday items that demand to be trusted. We are expanding from a strong base, having shipped product for well over 100 million everyday items in 2013."

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TheStreet Ratings team rates IDENTIVE GROUP INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:

"We rate IDENTIVE GROUP INC (INVE) a SELL. This is driven by some concerns, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. Among the areas we feel are negative, one of the most important has been unimpressive growth in net income over time."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

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