Posted in General by: admin
MetaSolv Volume Surges 540%
Shares of MetaSolv Inc(MSLV) gained only 0.50% on Monday as volume spiked more than 540% above the 3-month daily average.
There were no significant news releases or other significant events that could be detected. On Saturday the company’s financials were updated by EDGAR Online Services.
MetaSolv engages in the design, development, marketing, and support of a portfolio of software solutions for communications service providers.
The company has $55 million in cash and equivalents with no debt as last reported by Yahoo!Finance, with a total market valuation of $200 million.
Revenues have been increasing, and total earnings loss has been decreasing steadily over the last 3 years. In fact, the company reported a profit for 3 of the last 4 quarters.
Shares of MetaSolv closed at $4.06, which is 2.64% away from the 52-week high of $4.17
MetaSolv has made VSI’s Watch List.
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