InterCloud Systems, Inc. (OTC:ICLD) registered a 6.60% increase, still its new closing price is 31.25% up from the company’s 1 year high of 0.10.It posted 5.53% gains in previous 5 sessions and is now the subject of 16 analysts who together assign a hold rating on stock. 2 of Wall Street analysts have an underperform rating; the 0 sells versus 1 buy or better ratings. The 0 stock analysts following this company have an average price target at $6.00, with individual PT in the $6.00-$6.00 range. The shares moved at $0.02, implying that brokerage firms see shares gaining about – in twelve months time.
InterCloud Systems, Inc. (ICLD) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a -32.48% fall year to date. A Chairman and CEO at InterCloud Systems, Inc. (ICLD) acquired shares in a transaction closed on Friday September 02, 2016. MUNRO MARK E/NJ bought 189,286 shares in the company at $0.26 each and collected $49,000 in proceeds. MUNRO MARK E/NJ now owns 1,812,373 shares in the company after this transaction. A Director in the company, Durfee Mark, disclosed a transaction on Friday September 02, 2016 that ended up paying $49,000 from the purchase of 189,286 shares at $0.26 per share.
InterCloud Systems, Inc. (OTC:ICLD) Upcoming Results on Tap
InterCloud Systems, Inc. will next provide financial results for the December 2017 quarter. Stock analysts expect it to report per-share earnings of $-1.11 in that period. Sales during the quarter are predicted to arrive at $10 million.
Earnings surprise history: Last quarter, the company posted approximately $10 million in revenue and EPS of $-1.11. The mean forecast was for $24 million and $-0.14 a share, respectively. One quarter earlier, revenue for the stock was at $21.67 million, with earnings at $-0.11/share.
InterCloud Systems, Inc. (ICLD) Brokerage Update
Over the last six months and over the last three months, the shares of InterCloud Systems, Inc. (ICLD), have changed – and -69.71%, respectively.