3 Stocks Pushing The Computer Software & Services Industry Lower

The Computer Software & Services industry as a whole closed the day down 1.8% versus the S&P 500, which was down 1.7%. Laggards within the Computer Software & Services industry included UBIC ( UBIC), down 5.6%, Issuer Direct ( ISDR), down 2.4%, CounterPath ( CPAH), down 2.1%, Sajan ( SAJA), down 4.0% and Intelligent Systems ( INS), down 2.1%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

Sajan ( SAJA) is one of the companies that pushed the Computer Software & Services industry lower today. Sajan was down $0.19 (4.0%) to $4.51 on light volume. Throughout the day, 300 shares of Sajan exchanged hands as compared to its average daily volume of 2,500 shares. The stock ranged in price between $4.51-$4.51 after having opened the day at $4.51 as compared to the previous trading day's close of $4.70.

Sajan has a market cap of $23.9 million and is part of the technology sector. Shares are down 16.8% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst who rates Sajan a buy, no analysts rate it a sell, and none rate it a hold.

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At the close, CounterPath ( CPAH) was down $0.01 (2.1%) to $0.46 on light volume. Throughout the day, 12,552 shares of CounterPath exchanged hands as compared to its average daily volume of 21,400 shares. The stock ranged in price between $0.42-$0.46 after having opened the day at $0.46 as compared to the previous trading day's close of $0.47.

CounterPath has a market cap of $19.9 million and is part of the technology sector. Shares are down 7.8% year-to-date as of the close of trading on Thursday.

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UBIC ( UBIC) was another company that pushed the Computer Software & Services industry lower today. UBIC was down $0.73 (5.6%) to $12.38 on heavy volume. Throughout the day, 1,856 shares of UBIC exchanged hands as compared to its average daily volume of 500 shares. The stock ranged in price between $12.38-$12.43 after having opened the day at $12.43 as compared to the previous trading day's close of $13.11.

UBIC has a market cap of $226.6 million and is part of the technology sector. Shares are down 2.5% year-to-date as of the close of trading on Thursday. Currently there is 1 analyst who rates UBIC a buy, no analysts rate it a sell, and none rate it a hold.

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