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5 Top Weekly NASDAQ Tech Stocks: eGain Takes the Lead
eGain, Sify Technologies, Iteris, Limelight Networks and Simulations Plus were last week’s top gainers.
The NASDAQ 100 Technology Sector (INDEXNASDAQ:NDXT) was on the rise again last week, increasing 1.25 percent to reach 3,758.94 points as of 2:26 p.m. EST on Friday (October 6).
On Thursday (October 5), Reuters reported that the three main indexes in theUS reached “fresh record-highs” for the fourth day in a row, largely catapulted by tech stocks like Netflix (NASDAQ:NFLX), Microsoft (NASDAQ:MSFT), and Amazon (NASDAQ:AMZN).
With that in mind, other tech stocks on the NASDAQ made impressive gains over the week as well, including:
- eGain (NASDAQ:EGAN)
- Sify Technologies (NASDAQ:SIFY)
- Iteris (NASDAQ:ITI)
- Limelight Networks (NASDAQ:LLNW)
- Simulations Plus (NASDAQ:SLP)
Here’s a closer look at those companies.
eGain
First on our 5 top weekly NASDAQ tech stocks list is eGain, a company that provides cloud-based and on-site customer engagement software solutions. In particular, the company provides a wide range of products, including eGain CallTrack, eGain Chat, eGain Virtual and eGain ClicktoCall, among several others.
On Tuesday (October 3), eGain announced it will be hosting eGain Digital+Al Day on December 5 in Chicago, which may have impacted its share price rising. Over the five-day period, shares of eGain rose 35.19 percent to reach $3.65 as of 2:45 p.m. EST on Friday.
Sify Technologies
Sify Technologies is a company that provides ICT services and communication technology solutions. More specifically, the company’s segments include domestic data, international data wholesale voice and network managed services, and data centre services–to name a few.
On Thursday (October 5), Sify announced it had received a letter from the NASDAQ confirming it had regained compliance with the minimum bid price requirement for continued listing on the NASDAQ Capital market. Last week, shares of Sify increased 20.81 percent to reach $1.62 as of 2:48 p.m. EST on Friday.
Iteris
Middle of the pack on our 5 top weekly NASDAQ tech stocks list is Iteris, a company that provides information solutions for traffic management and global agribusiness markets.
Iteris announced on Tuesday that it had confirmed a $5.5 million contract for its role on the I-405 Improvement project for a freeway segment in Orange County. To that end, the news no doubt helped push its share price up. Over the five-day period, Iteris’ stock increased 11.72 percent to $7.46 as of 2:50 p.m. EST on Friday.
Limelight Networks
Next is Limelight Networks. The company is a premier content delivery network that provides organizations with solutions to deliver content across the internet, mobile, and social channels. Limelight’s solutions include file distribution, web content delivery, live video, and video on demand.
On Wednesday Limelight Networks announced that its Net Promoter Score increased by 84 points since 2013–and up 14 since 2016, which no doubt helped send the company’s share price on an upward trend. Last week shares of the company increased 7.81 percent to $4.27 as if 2:57 p.m. EST on Friday.
Simulations Plus
Rounding out our 5 top weekly NASDAQ tech stocks list is Simulations Plus. The company is a software company that provides its product for use in pharmaceutical research for education, and consulting and contract research for the pharma sector.
On Tuesday the company announced its preliminary revenues for Q4 and fiscal year 2017, highlighting a revenue increase of 7.7 percent to $14.9 million compared to $13.8 million in 2016. The news no doubt helped the company’s share price increase: over the five-day period, Simulations’ stock rose 5.48 percent to $16.40 as of 3:00 p.m. EST on Friday.
Don’t forget to follow us @INN_Technology for real-time news updates.
Data for 5 Top NASDAQ Stocks articles is retrieved each Friday after market close using The Globe and Mail’s market data filter. Only companies with a market capitalization greater than $50 million and less than $500 million prior to the week’s gains are included. Companies within the computer software and processing sector are considered.
Securities Disclosure: I, Jocelyn Aspa, hold no direct investment interest in any company mentioned in this article.
**This article is updated each week. Please scroll to the top for the most recent information**
5 Top Weekly NASDAQ Tech Stocks: NASDAQ Reaches Record Highs–October 1, 2017
After a down week, the NASDAQ 100 Technology Sector (INDEXNASDAQ:NDXT) was back on the upward swing last week, rising 1.31 percent to reach 3,707.63 points as of 2:30 p.m. EST on Friday (September 29).
CNBC reported on Friday that the NASDAQ reached “record highs” with tech stocks making impressive gains throughout the week.
On the NASDAQ 100 Technology Sector, tech stocks also made notable increases during the trading week, including:
- Sify Technologies (NASDAQ:SIFY)
- USA Technologies (NASDAQ:USAT)
- ModusLink Global Solutions (NASDAQ:MLNK)
- Perion Network (NASDAQ:PERI)
- BSquare (NASDAQ:BSQR)
Here’s a closer look at those companies.
Sify Technologies
The first on our top weekly NASDAQ tech stocks list is Sify Technologies, a company that provides ICT services and communication technology solutions. More specifically, the company’s segments include domestic data, international data wholesale voice and network managed services, and data centre services–to name a few.
That being said, Sify Technologies did not have any company news announcements during last week’s trading period. Still, shares of Sify increased 15.52 percent last week to reach $1.33 as of 3:07 p.m. EST on Friday (September 29).
USA Technologies
Next on our top weekly NASDAQ tech stocks list is USA Technologies.
Among its services, the company is a provider in the small ticket, food and beverage vending industry, as well as providing solutions to other markets such as amusement and commercial laundry. Similar to the companies above, USA Technologies also did not have any company news during the trading week. Over the five-day period, shares of the company increased 12.73 percent to reach $6.20 as of 3:27 p.m. EST on Friday.
ModusLink Global Solutions
Middle of the pack on last week’s 5 top weekly NASDAQ tech stocks list is ModusLink Global Solutions.
ModusLink provides services through its subsidiaries, ModusLink Corporation and ModusLink PTS and provides services to industries such as electronics, communications, computing, software, storage and retail industries.
That being said, ModusLink also did not have any related company news during the trading week to describe its rising share price. Still, it’s stock price increase is worth noting: over the week shares of ModusLink rose 11.38 percent to reach $1.86 as of 3:06 p.m. EST on Friday.
Perion Network
Next is Perion Network. The company provides online advertising and search solutions. Its CodeFuel search division helps developers optimize search traffic, while its social advertising platform, MakeMeReach assists marketing campaigns.
Shares of Perion Network increased 10.28 percent last week to $1.18 as of 3:35 p.m. EST on Friday.
Bsquare
Closing out the 5 top weekly NASDAQ tech stocks list is Bsquare. Bsquare provides software solutions and engineering services to businesses that create, market and sell purpose standalone intelligent systems. The company’s DataV software solutions can be used by a variety of enterprises to create business-related internet of things systems that monitor device data, automate processes, predict events, and produce “better” business outcomes.
Last week shares of BSquare increased 6.1 percent to reach $5.22 as of 3:33 p.m. EST on Friday, despite there being no company news during the trading period.
Don’t forget to follow us @INN_Technology for real-time news updates.
Data for 5 Top NASDAQ Stocks articles is retrieved each Friday after market close using The Globe and Mail’s market data filter. Only companies with a market capitalization greater than $50 million and less than $500 million prior to the week’s gains are included. Companies within the computer software and processing sector are considered.
Securities Disclosure: I, Jocelyn Aspa, hold no direct investment interest in any company mentioned in this article.
**This article is updated each week. Please scroll to the top for the most recent information**
5 Top Weekly NASDAQ Tech Stocks: Tech Stocks Attract $1 Billion – September 24, 2017
For the first time in a couple of weeks, the NASDAQ 100 Technology Sector (INDEXNASDAQ:NDXT) took a slight hit, dropping 0.36 percent to 3,651.16 points as of 1:35 p.m. EST on Friday (September 22).
Despite the slight loss, Reuters reported on Friday that tech stocks have pulled $1 billion during the week up to Wednesday (September 20), its second largest inflow to date, according to data from Bank of American Merrill Lynch.
As a result, a number of tech stocks on the NASDAQ 100 Technology Sector have also returned positive gains during the trading week, including:
- Mattersight (NASDAQ:MATR)
- Limelight Networks (NASDAQ:LLNW)
- Evolving Systems (NASDAQ:EVOL)
- Sigma Designs (NASDAQ:SIGM)
- Planet Payment (NASDAQ:PLPM)
Here’s a closer look at those companies.
Mattersight
First on our 5 top weekly NASDAQ tech stocks is Mattersight, a company that provides behavioral analytics and personalty-based software products . Its insights can be provided in real-time connections between customers and agents. In particular, the company’s Software-as-a-Service products have been used in organizations that span from the financial services, healthcare, technology and telco.
Shares of Mattersight increased 15.31 percent last week to reach $2.83 as of 2:16 p.m. EST on Friday, although there was no company news during the trading week to describe its share price increase.
Limelight Networks
Next is Limelight Networks. The company is a premier content delivery network that provides organizations with solutions to deliver content across the internet, mobile, and social channels. Limelight’s solutions include file distribution, web content delivery, live video, and video on demand.
On Tuesday (September 19), the company announced it had introduced a risk-free trial of its Origin Storage services for 60 days with free assistance to move content from existing storage systems. As a result, it’s no surprise Limelight Networks’ shares were on the rise last week: over the five-day trading period, shares of Limelight increased 9.31 percent to reach $3.94 as of 2:29 p.m. EST on Friday.
Evolving Systems
Middle of the pack on last week’s 5 top weekly NASDAQ tech stocks list is Evolving Systems, a company that has been providing a wide range of software solutions for over 30 years. In particular, its portfolio of solutions range from: Real-time Lifecycle Marketing, Dynamic SIM Allocation, Tertio Service Activation, and Total Number Management.
On Monday (September 18), the company announced that a large North American customer had “optimized” its use of the Evolving Systems Customer Acquisition and Activation solution. This news, unsurprisingly, helped push Evolving Systems’ stock price up, if only slightly. During the week shares of Evolving Systems increased 2.31 percent to reach $4.66 as of 2:07 p.m. EST on Friday.
Sigma Designs
Next is list is Sigma Designs, a provider of integrated semiconductor solutions with a focus on offering media platforms for use in home entertainment and home control markets.
On Tuesday, Sigma Designs announced the launch of the Z-Wave Smart Home Maker Challenge app design contest for Makers and Developers. With that announcement, shares of Sigma Designs rose 1.69 percent last week to $6.00 as of 2:51 p.m. EST on Friday.
Planet Payment
Closing out the 5 top weekly NASDAQ tech stocks list is Planet Payment. The company provides international payment and transaction processing together with multi-currency processing. The company has been in the business since 1999, and has grown to delivering its payment solutions to 71 financial services all around the world. In particular, Planet Payment’s services are currently being used in 103,000 merchant locations in 23 countries that span the Asia Pacific region, the Americas, the Middle East, Africa and Europe.
Last week, shares of Planet Payment increased 1.61 percent to $4.41 as of 2:40 p.m. EST on Friday, although there was no related news during the trading week.
Don’t forget to follow us @INN_Technology for real-time news updates.
Data for 5 Top NASDAQ Stocks articles is retrieved each Friday after market close using The Globe and Mail’s market data filter. Only companies with a market capitalization greater than $50 million and less than $500 million prior to the week’s gains are included. Companies within the computer software and processing sector are considered.
Securities Disclosure: I, Jocelyn Aspa, hold no direct investment interest in any company mentioned in this article.
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