Weekly Three-Year Low Highlight: VVUS, RALY, WILN, COVS

Author's Avatar
Mar 25, 2014

According to GuruFocus list of three-year lows; Vivus, Rally Software Development Corp., Wi-Lan Inc. and Covisint Corp. have all reached their three-year lows.

Vivus (VVUS, Financial) Reached the 3-year Low of $5.60

The prices of Vivus (VVUS, Financial) shares have declined to close to the 3-year low of $5.60, which is 82.1% off the three-year high of $31.21.

VIVUS was incorporated in 1991 as a California corporation and reincorporated in 1996 as a Delaware corporation. Vivus has a market cap of $578.60 million; its shares were traded at around $5.60 with and P/S ratio of 7.0. Vivus had an annual average earnings growth of 22.20% over the past five years.

Vivus reported fourth quarter 2013 total net product revenues of $9.2 million and net loss of $17.2 million, or $0.17 per share. This compared to net loss of $56.7 million, or $0.56 per share in the prior year quarter.

1 Guru Increased Positions: CEO Seth H.Z. Fischer bought 3,080 shares of VVUS stock on 03/11/2014 at the average price of $6.07.

Rally Software Development Corp (RALY, Financial) Reached the Three-Year Low of $14.98

The prices of Rally Software Development Corp (RALY, Financial) shares have declined to close to the three-year low of $14.98, which is 54.7% off the three-year high of $33.06.

Rally Software Development Corp was incorporated in Delaware in July 2001 under the name F4 Technologies Inc. Rally Software Development Corp has a market cap of $365.600 million; its shares were traded at around $14.98 with and P/S ratio of 3.20.

Rally Software Development Corp recently reported its fiscal fourth quarter 2014 results ended Jan. 31, 2013. The company generated revenues of $19.6 million – 27% higher than revenues in the same quarter a year ago. GAAP net loss was $6.3 million ($0.26 per share) compared to net loss of $4.0 million last year.

1 Guru Initiated Positions: Ron Baron (Trades, Portfolio) bought 2,043,888 shares in the quarter that ended on 12/31/2013, which is 0.16% of the $24.12 billion portfolio of Baron Funds.

Wi-Lan Inc. (WILN, Financial) Reached the Three-Year Low of $2.98

The prices of Wi-Lan Inc. (WILN, Financial) shares have declined to close to the three-year low of $2.98, which is 71.9% off the three-year high of $10.13.

Wi-Lan Inc. was established in 1992 to develop and commercialize technology that made low-cost, high-speed wireless networking a reality. Wi-Lan Inc. has a market cap of $357.300 million; its shares were traded at around $2.98 with and P/S ratio of 4.20. The dividend yield of Wi-Lan Inc. stocks is 5.10%. Wi-Lan Inc. had an annual average earnings growth of 28.70% over the past five years.

The company has released its fourth quarter 2013 results. Fourth quarter revenues were $29.2 million, and adjusted earnings were $17.2 million.

Covisint Corp (COVS, Financial) Reached the Three-year Low of $6.96

The prices of Covisint Corp (COVS, Financial) shares have declined to close to the three-year low of $6.96, which is 54.7% off the three-year high of $14.80.

Covisint Corp has a market cap of $261.10 million; its shares were traded at around $6.96 with and P/S ratio of 2.20.

Covisint Corp has released its third quarter fiscal 2014 resutls ended Dec. 31, 2013. Total revenues increased 1% year-over-year, and gross profit was $10.4 million. GAAP diluted EPS were $0.22 compared to compared to $0.01 the prior year quarter.

1 Guru Increased Positions: President and CEO David A. Mcguffie bought 8,000 shares of COVS stock on 01/27/2014 at the average price of $9.21.

Go here for the complete list of three-year lows.