|Bid||3.0300 x 1300|
|Ask||3.2100 x 4000|
|Day's Range||3.1850 - 3.2500|
|52 Week Range||2.2100 - 5.3200|
|Beta (3Y Monthly)||2.31|
|PE Ratio (TTM)||321.00|
|Earnings Date||Jul 17, 2019 - Jul 22, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.08|
[Editor's note: This story was previously published in March 2019. It has since been updated and republished.]Penny stocks are often dangerous for individual investors. Generally described as stocks with a price under $5, the group usually consists of quite a few fallen angels and growth stocks that haven't reached, and may never reach, their potential.But there are diamonds in the rough. During the financial crisis, several stocks hit penny stock status. Pier 1 Imports (NYSE:PIR) went from 13 cents to over $20 before a long decline the past few years. Dollar Thrifty Automotive bottomed at 60 cents, and sold itself in 2013 to Hertz (NYSE:HTZ) for $87.50 a share.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 6 Stocks to Buy for This Decade's Massive Megatrend Those diamonds are more difficult to find in a market near all-time highs, but they're still out there. Here are seven penny stocks that could provide solid returns for investors going forward. Source: Chesapeake Energy Chesapeake Energy (CHK)I've had an on-again, off-again attraction to Chesapeake Energy (NYSE:CHK) over the past couple of years. Chesapeake is still trying to recover from the oil and gas bust that left it with nearly $10 billion in debt and much lower revenues. Progress has been choppy, both for the business and the stock. CHK stock is now trading at $2.19, down nearly 53% over the past year.Investors need to understand the risks here. The debt is a concern, particularly if oil and/or gas prices start falling again. Earnings reports have picked up recently, with CHK beating or meeting earnings consensus in the past eleven quarters.Further, a continuation of oil's move higher should disproportionately benefit CHK relative to a major like Exxon Mobil (NYSE:XOM). In short, CHK now looks like a classic penny stock with high risk and high reward, even if long-term shareholders certainly would prefer that it wasn't. Source: Shutterstock Castle Brands (ROX)To be honest, I'm not completely sold on Castle Brands (NYSEAMERICAN:ROX) at its current price of 56 cents. And with ROX stock down 121% over the past year, it certainly seems like the market has determined the stock was trading at a premium to fair value. That said, there's still some good news here, and it's still an interesting play on U.S. spirits. * 7 Stocks to Buy for Over 20% Upside Potential Castle's Gosling brand creates both dark rum and ginger beer, which make the increasingly popular "Dark 'N' Stormy" drink. The Jefferson bourbon brand continues to grow nicely, with Castle's whiskey portfolio (which includes smaller Irish offerings) growing revenue 20% in fiscal 2018.Profits still are slim, but margins are increasing as revenue continues to grow. Management is well-incentivized to continue that growth. And the clear end game here is a sale to a larger spirits company like Diageo (NYSE:DEO) or Constellation Brands (NYSE:STZ, NYSE:STZ.B).If ROX stays on its current trend, it should be able to eventually jumpstart a rally. Source: M01229 via Flickr Sportsman's Warehouse (SPWH)Sportsman's Warehouse (NASDAQ:SPWH) only barely makes this list since its current price of $4.04 is just below the $5 penny stock cutoff limit. But SPWH does look like a nice value here.SPWH briefly shook off the penny stock moniker when it topped out at $6.36 briefly in February before falling to its current levels. And yet, SPWH trades at just 7.8X next year's consensus EPS.There's a lot to like here, particularly for investors bullish on brick-and-mortar retailers. If those investors like low-handle stocks, all the better. Source: Flash.pro via Flickr (modified) Limelight Networks (LLNW)Limelight Networks (NASDAQ:LLNW) has executed a nice turnaround of late -- and LLNW stock has responded in kind. The internet content delivery provider is a small fish compared to industry leader Akamai Technologies (NASDAQ:AKAM), but it's making progress. Revenue is expected to rise 6% this year and 11% the next, with earnings growing at a long-term rate of 15%. * 7 Safe Stocks to Buy for Anxious Investors LLNW looks rather expensive on a P/E basis, but margins are thin and EV/EBITDA multiples are favorable. With a recent pullback to $3, a continuation of the recent trend should drive upside in the stock.With Akamai rebounding amid easing of some industry-wide concerns -- notably customers like Netflix (NASDAQ:NFLX) and Facebook (NASDAQ:FB) choosing DIY options -- Limelight is positioned to keep double-digit revenue growth intact. That will boost margins and profits -- and likely get LLNW out of the penny stock category altogether. Plug Power (PLUG)Clean energy historically has been a graveyard for investor capital, and hydrogen vehicle developer Plug Power (NASDAQ:PLUG) hasn't been any different. The stock trades well below peaks from last decade, and is down about 60% from early 2014 levels as well.So PLUG's bull case is a classic "this time is different" argument, which is always tenuous. But there is some good news here. Plug Power has signed deals with Walmart (NYSE:WMT) in 2014 and with Amazon.com (NASDAQ:AMZN) in 2017. What's more, it joined forces with FedEx (NYSE:FDX) in May 2017.The company remains unprofitable, but cash burn is slowing, and the company is guiding for profits in the second half (albeit with a ton of adjustments; GAAP earnings remain a long way off). Revenue is growing quickly, with gross revenue growth of nearly 40% expected this year.PLUG has pivoted toward industrial applications, and there is some promise there. Investors in PLUG will have to be patient, have to tolerate volatility and have to accept risk. But if Plug Power finally can gain some traction, the current share price around $2.53 could move much higher.Source: Shutterstock DHX Media (DHXM)DHX Media (NASDAQ:DHXM) has had an ugly one-year period as a stock, down 47%. Debt continues to be a problem for DHX Media, with a debt-equity ratio of 108%! $550 million in long-term debt as of the most recent quarter doesn't help … but at $1.99, with a market cap around $219 million, there is some reason for optimism.First, DHX added the Peanuts intellectual property to its portfolio in a deal with Iconix Brand Group (NASDAQ:ICON). That adds to the existing portfolio of Teletubbies, Inspector Gadget, Yo Gabba Gabba! and YouTube content provider WildBrain. DHX then sold 39% of Peanuts to Sony (NYSE:SNE), allowing it to reduce debt while bringing a high-quality partner on board. * 7 Energy Stocks to Buy Now A strategic review continues, as DHX looks to further drive cost savings and reduce debt. And in a cord-cutting world where content may become increasingly valuable, the company should have some options.This is a high-risk play, as the long decline in its chart shows. ICON has dropped over 99% in the past five years due to too much debt and too weak a portfolio. But DHX should be able to avoid that fate . and potentially drive nice gains in DHXM stock. Source: Shutterstock Denison Mines (DNN)I'm not a fan of mining stocks, as I've written in the past. But if investors want to take a stab at the sector, then small, developing miners traditionally offer the best chances for big gains. And Denison Mines (NYSEAMERICAN:DNN) fits that bill.Denison's properties are located in the Athabasca Basin, in northern Canada (Alberta and Saskatchewan). It's targeting uranium resources at its properties -- and uranium prices are starting to tick up. The closure of a mine by giant Cameco Corp (NYSE:CCJ) presents a near-term catalyst to those prices -- and the discounted fair value of Denison's mines.Obviously, there is a ton of risk here. Denison is unprofitable, and likely will need to raise more capital down the line. But DNN actually could provide what mining stocks are supposed to: leverage to the price of uranium. With fundamentals perhaps supporting some upside in the metal, DNN could follow.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post The 7 Best Penny Stocks to Buy appeared first on InvestorPlace.
San Francisco-based cloud computing startup soars 50 percent on the first day of trading, marking another strong tech IPO performance this year.
This San Francisco-based company will begin trading on the NYSE Friday and IPO experts say it’s expected to fare much better than Uber and Lyft.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...
Limelight Networks (NASDAQ:LLNW) reported its quarterly earnings results late in the day Wednesday, bringing in a loss that was wider than what analysts projected in their consensus estimate, while revenue was also below what Wall Street called for, playing a role in LLNW stock sliding more than 4% after hours.Source: Shutterstock The Tempe, Ariz.-based digital media company said that for its first quarter of its fiscal 2019, it brought in a loss of $8.6 million, which was weaker than its profit from the same period a year ago. The company added that this amounted to a loss of 7 cents per share, or 4 cents per share when adjusted for stock option expenses.These results were below what analysts predicted of Limelight Networks as the average estimate of three analysts polled by Zacks Investment Research was for a loss of a penny per share. On the revenue front, the business brought in sales of $43.3 million, also below the Zacks guidance-three analysts surveyed by the publication called for revenue of $44.6 million.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor its fiscal 2019, the company now sees its earnings in the range of 10 cents to 20 cents per share, while revenue is projected between $215 million and $225 million.LLNW stock is down about 4.8% after the bell today as the company's results left something to be desired with its earnings and revenue misses. Shares had been gaining 2.7% during regular trading hours as the company prepared itself to report for the period. More From InvestorPlace * 7 Marijuana Companies: Which Pot Stocks Should You Buy? * 10 S&P 500 Stocks to Buy Off Their Lows * 7 Stocks to Buy for Spring Season Growth Compare Brokers The post Limelight Networks Earnings: LLNW Stock Slides on Wide Q1 Loss appeared first on InvestorPlace.
On a per-share basis, the Tempe, Arizona-based company said it had a loss of 7 cents. Losses, adjusted for stock option expense, came to 4 cents per share. The results did not meet Wall Street expectations. ...
TEMPE, Ariz.-- -- Q1 Revenue of $43.3 million Q1 GAAP EPS of $ and Non-GAAP EPS of $ Cash and marketable securities of $38.7 million Confirming full year guidance Limelight Networks, Inc. , a leading provider of edge cloud services, today reported revenue of $43.3 million for the first quarter of 2019, down 17 percent, compared to $52.1 million in the first quarter of 2018. Currency negatively impacted ...
Limelight Networks, Inc. (Nasdaq: LLNW), a leading provider of edge cloud services, today announced that iRacing, the world’s premier motorsports racing simulation company, is using its Content Delivery Network (CDN) to accelerate large software updates delivered worldwide.
Goldman Sachs and its private equity division is heavily invested in technology, financing, and retail providers. Discover the company's notable investments.
Forensic Watermarking and Ad Insertion Capabilities Added to Industry-Leading Video Delivery Services
The popularity of online gaming continues to grow, with gamers playing more than seven hours each week, an increase of nearly 20 percent in the last year. Young adults are leading the online gaming charge, with gamers age 26 to 35 playing for eight hours, 13 minutes each week, a 25 percent increase from last year. Nearly 60 percent of global gamers watch others play online each week, with 10 percent watching for more than seven hours.
SAN FRANCISCO, March 18, 2019 /PRNewswire/ -- Interactive streaming engine Genvid Technologies (Genvid) today announced a new joint R&D effort with Limelight Networks (LLNW), a leading provider of edge cloud services, combining the breakthrough Limelight Realtime Streaming solution with Genvid's interactive capabilities to enable any game developer or media company to build their own realtime interactive streaming platforms. Information on the partnership will be discussed for the first time at Genvid's GDC Session Interactive Streaming and the Future of Media on 3/20 at 10:30am in Moscone West Hall 3009.
Limelight Networks, Inc. will report financial results for the first quarter of 2019 on Wednesday, April 17, 2019 at 4:00 p.m. EDT .
Limelight Networks, Inc. (Nasdaq: LLNW), a leading provider of edge cloud services, today announced that Network Next is using Limelight’s edge cloud platform to make the internet better for games. It favors static and streaming content, with heavy throughput demands, over real-time applications like online multiplayer games, which require the lowest latency possible. Network Next uses Limelight’s highly distributed and flexible edge cloud solution to provide the best online gaming experience for players.
Limelight Networks, Inc. (NASDAQ:LLNW), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. However, the trade-off is LLNWRead More...
Limelight Networks, Inc. (Nasdaq: LLNW), a leading provider of edge cloud services, today announced that the European Organization for Nuclear Research (CERN) is using Limelight’s Content Delivery Network (CDN) to live stream important scientific discoveries to thousands of physicists and engineers worldwide. The facility is home to some of the world’s largest and most sophisticated research equipment used to analyze the way particles interact with each other. After evaluating leading CDN vendors, CERN chose Limelight.
The network provider has inked a lease for 38,000 square feet at a new office building under construction.
Limelight Networks, Inc. (LLNW) (Limelight), a leading provider of edge cloud services, today announced the Compensation Committee of the Board of Directors of Limelight Networks, Inc. approved a stock for salary program, wherein Messrs. Robert Lento, Sajid Malhotra and Michael DiSanto elect to receive payment of half of their respective 2019 base salary in shares of Limelight’s common stock beginning on February 1, 2019.