InvestorsHub Logo
Post# of 11215
Next 10
Followers 120
Posts 10004
Boards Moderated 1
Alias Born 04/28/2007

Re: None

Friday, 12/07/2007 8:34:45 AM

Friday, December 07, 2007 8:34:45 AM

Post# of 11215
NSTC - New Small-Cap Play

Ness Technologies Inc. (NSTC) recently fell from a high of $11.96 to a low of $9.13 and is currently showing signs of moving upward. Although its support line is slightly below the current price, many of the technical indicators are positioning themselves for higher prices.

Most of the analysts covering the company have given the stock a strong buy rating. The mean rating is 1.6 out of 5 (1 being the best and 5 being the worst) and the price targets issued have averaged at $15.75. The fourth quarter earnings for this year are anticipated to be as high as $0.31 cents a share, which is almost three times that of the second quarter earnings.

The Company is a global provider of end-to-end IT services and solutions designed to help clients improve competitiveness and efficiency. NSTC specializes in outsourcing and offshore, systems integration and application development, software and consulting, and quality assurance and training. With 7,800 employees, the Company maintains operations in 18 countries, and partners with many software and hardware vendors worldwide.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.