inContact (NASDAQ:SAAS) has tumbled 0.22% during the past week and has dropped 0.29% in the last 4 week period. The company has outperformed the S&P 500 by 0.98% in the past week but underperformed the index by 1.2% in the last 4 weeks.
inContact (NASDAQ:SAAS): The stock opened at $13.87 on Friday but the bulls could not build on the opening and the stock topped out at $13.87 for the day. The stock traded down to $13.81 during the day, due to lack of any buying support eventually closed down at $13.82 with a loss of -0.50% for the day. The stock had closed at $13.89 on the previous day. The total traded volume was 5,248,849 shares.
The company shares have rallied 29.04% from its 1 Year high price. On May 18, 2016, the shares registered one year high at $13.92 and the one year low was seen on Oct 8, 2015. The 50-Day Moving Average price is $12.28 and the 200 Day Moving Average price is recorded at $9.86.
On the companys insider trading activities, The officer (Executive VP of Sales), of Incontact, Inc., Robinson William W Jr. had unloaded 6,900 shares at $10 per share in a transaction on December 8, 2015. The total value of transaction was $69,000. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Many analysts have stated their opinion on the company shares. Craig-Hallum downgrades their rating on the shares of inContact (NASDAQ:SAAS). The current rating of the shares is Hold. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on May 19, 2016. Currently the company Insiders own 5.2% of inContact shares according to the proxy statements. Institutional Investors own 96.41% of inContact shares.
inContact, Inc. (inContact) is a provider of cloud contact center software solutions. The Company provides a range of cloud contact center call routing, self-service and agent optimization solutions. The Company operates through two segments: Software and Network connectivity. inContacts Software segment includes services related to the delivery of its cloud contact center software solutions. The Companys Network connectivity segment provides voice and data long distance services. The Company offers its products and services to customers in five vertical markets: business process outsourcers (BPOs), retail and direct response, healthcare providers, utilities, and state and local Government. The Company has facilities in the United States, Europe, the Philippines and Hong Kong. The Companys registered trademarks in the United States and elsewhere include inContact, inTouch, ECHO, inCloud, Satisfaction as a Service and Personal Connection.