November 16, 2016 - By Linda Rogers · 0 Comments
Elephant Talk Communications Corp (NYSEMKT:TEUM) institutional sentiment increased to 1.13 in 2016 Q2. Its up 0.53, from 0.6 in 2016Q1. The ratio has increased, as 9 investment managers opened new and increased stock positions, while 8 sold and trimmed holdings in Elephant Talk Communications Corp. The investment managers in our partner’s database now possess: 5.29 million shares, up from 5.18 million shares in 2016Q1. Also, the number of investment managers holding Elephant Talk Communications Corp in their top 10 stock positions was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 2 Increased: 5 New Position: 4.
Pareteum Corporation, formerly Elephant Talk Communications Corp., is an international well-known provider of mobile networking software and services. The company has a market cap of $19.26 million. The Firm and its subsidiaries provide a mobility cloud platform, utilizing messaging and security solutions for the global mobile, mobile virtual network operator , enterprise and Internet of things (IoT) markets. It currently has negative earnings. It is engaged in providing communications technology.
It is up 38.10% since April 14, 2016 and is downtrending. It has underperformed by 42.78% the S&P500.
According to Zacks Investment Research, “Elephant Talk Communications Corp. is a provider of mobile proprietary Software Defined Network Architecture consists of ET Software DNA 2.0(R) platforms for the telecommunications industry. The Company empowers Mobile Network Operators, Mobile Virtual Network Operators, Enablers and Aggregators.”
Pareteum Corporation (Pareteum), formerly Elephant Talk Communications Corp., incorporated on September 26, 2011, is an international well-known provider of mobile networking software and services. The Firm and its subsidiaries provide a mobility cloud platform, utilizing messaging and security solutions for the global mobile, mobile virtual network operator (MVNO), enterprise and Internet of things (IoT) markets. It is engaged in providing communications technology. ET Software DNA 2.0 is the Company’s intelligent mobile service platform. The Company’s platform hosts integrated information technology (IT) or Back Office and Core Network functionality for mobile network operators (MNOs), MVNOs, and mobile virtual network enablers (MVNEs) and mobile virtual network aggregators (MVNAs) on an outsourced software as a service (SaaS), platform as a service (PaaS) and infrastructure as a service (IaaS) basis. The Company’s ET platform utilizes a range of Commercial Off-the-Shelf (COTS) hardware supporting a suite of network services and features, including third-party interfaces/Web services.
More notable recent Pareteum Corp (NYSEMKT:TEUM) news were published by: Streetinsider.com which released: “Pareteum Corp. (TEUM) Misses Q3 EPS by 7c” on November 14, 2016, also Reuters.com with their article: “BRIEF-Pareteum Corp reports Q3 loss per share $0.08” published on November 14, 2016, Streetinsider.com published: “Form 4 PARETEUM Corp For: Dec 15 Filed by: Brandt Gary G” on November 16, 2016. More interesting news about Pareteum Corp (NYSEMKT:TEUM) were released by: Marketwatch.com and their article: “Pareteum Corp.” published on November 03, 2016 as well as Seekingalpha.com‘s news article titled: “Elephant Talk becoming Pareteum, names Bozzo new CEO” with publication date: October 31, 2016.
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By Linda Rogers