3 Stocks Boosting The Computer Software & Services Industry Higher

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Two out of the three major indices traded up today One out of the three major indices traded up today The three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 10.22 points (-0.1%) at 17,540 as of Wednesday, Aug. 5, 2015, 4:20 PM ET. The NYSE advances/declines ratio sits at 1,528 issues advancing vs. 1,554 declining with 135 unchanged.

The Computer Software & Services industry as a whole closed the day up 0.7% versus the S&P 500, which was up 0.3%. Top gainers within the Computer Software & Services industry included TSR ( TSRI), up 2.5%, Authentidate ( ADAT), up 7.7%, Medical Transcription Billing ( MTBC), up 5.7%, Majesco ( MJCO), up 2.9% and Intellicheck Mobilisa ( IDN), up 8.3%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

Intellicheck Mobilisa ( IDN) is one of the companies that pushed the Computer Software & Services industry higher today. Intellicheck Mobilisa was up $0.08 (8.3%) to $1.04 on heavy volume. Throughout the day, 57,116 shares of Intellicheck Mobilisa exchanged hands as compared to its average daily volume of 37,200 shares. The stock ranged in a price between $0.95-$1.09 after having opened the day at $1.00 as compared to the previous trading day's close of $0.96.

Intellicheck Mobilisa, Inc. develops, integrates, and markets wireless technology and identity systems for mobile and handheld access control and security systems. Intellicheck Mobilisa has a market cap of $8.7 million and is part of the technology sector. Shares are down 67.5% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Intellicheck Mobilisa a buy, no analysts rate it a sell, and none rate it a hold.

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TheStreet Ratings rates Intellicheck Mobilisa as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and generally disappointing historical performance in the stock itself.

Highlights from TheStreet Ratings analysis on IDN go as follows:

  • 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 Electronic Equipment, Instruments & Components industry. The net income has significantly decreased by 43.1% when compared to the same quarter one year ago, falling from -$0.91 million to -$1.30 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 Electronic Equipment, Instruments & Components industry and the overall market, INTELLICHECK MOBILISA INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • IDN's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 82.34%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • IDN, with its decline in revenue, slightly underperformed the industry average of 2.8%. Since the same quarter one year prior, revenues slightly dropped by 9.6%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • The gross profit margin for INTELLICHECK MOBILISA INC is currently very high, coming in at 79.74%. Regardless of IDN's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, IDN's net profit margin of -131.91% significantly underperformed when compared to the industry average.

You can view the full analysis from the report here: Intellicheck Mobilisa Ratings Report

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At the close, Medical Transcription Billing ( MTBC) was up $0.12 (5.7%) to $2.22 on average volume. Throughout the day, 8,689 shares of Medical Transcription Billing exchanged hands as compared to its average daily volume of 7,800 shares. The stock ranged in a price between $2.05-$2.22 after having opened the day at $2.08 as compared to the previous trading day's close of $2.10.

Medical Transcription Billing has a market cap of $23.5 million and is part of the technology sector. Shares are down 10.3% year-to-date as of the close of trading on Tuesday.

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Authentidate ( ADAT) was another company that pushed the Computer Software & Services industry higher today. Authentidate was up $0.01 (7.7%) to $0.14 on light volume. Throughout the day, 54,902 shares of Authentidate exchanged hands as compared to its average daily volume of 120,500 shares. The stock ranged in a price between $0.12-$0.15 after having opened the day at $0.13 as compared to the previous trading day's close of $0.13.

Authentidate Holding Corp. provides Web-based software applications, and telehealth products and services in the United States. Authentidate has a market cap of $6.6 million and is part of the technology sector. Shares are down 83.3% year-to-date as of the close of trading on Tuesday. Currently there are no analysts who rate Authentidate a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Authentidate as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally disappointing historical performance in the stock itself and generally high debt management risk.

Highlights from TheStreet Ratings analysis on ADAT go as follows:

  • 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 Health Care Technology industry. The net income has significantly decreased by 54.9% when compared to the same quarter one year ago, falling from -$1.58 million to -$2.45 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 Health Care Technology industry and the overall market, AUTHENTIDATE HOLDING CORP's return on equity significantly trails that of both the industry average and the S&P 500.
  • ADAT's debt-to-equity ratio of 0.68 is somewhat low overall, but it is high when compared to the industry average, implying that the management of the debt levels should be evaluated further. Even though the debt-to-equity ratio shows mixed results, the company's quick ratio of 0.28 is very low and demonstrates very weak liquidity.
  • Despite any intermediate fluctuations, we have only bad news to report on this stock's performance over the last year: it has tumbled by 77.59%, worse than the S&P 500's performance. Consistent with the plunge in the stock price, the company's earnings per share are down 50.00% compared to the year-earlier quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • AUTHENTIDATE HOLDING CORP's earnings per share declined by 50.0% in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, AUTHENTIDATE HOLDING CORP continued to lose money by earning -$0.26 versus -$0.45 in the prior year.

You can view the full analysis from the report here: Authentidate Ratings Report

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Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

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