Glowpoint, Inc. (NYSEAMERICAN:GLOW) was the target of a large decline in short interest in December. As of December 29th, there was short interest totalling 35,993 shares, a decline of 74.7% from the December 15th total of 142,463 shares. Based on an average trading volume of 1,671,935 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the shares of the stock are short sold.
Glowpoint (NYSEAMERICAN:GLOW) opened at $0.32 on Thursday. The stock has a market capitalization of $13.27, a P/E ratio of 2.29 and a beta of 0.13. Glowpoint has a 12-month low of $0.19 and a 12-month high of $0.65.
Glowpoint (NYSEAMERICAN:GLOW) last issued its quarterly earnings results on Tuesday, November 14th. The technology company reported $0.03 earnings per share for the quarter. Glowpoint had a return on equity of 448.71% and a net margin of 204.08%.
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Glowpoint Company Profile
Glowpoint, Inc provides video collaboration and network applications. The Company provides a range of video collaboration services, from automated to orchestrated, to address the spectrum of user experience and business applications. It delivers its services through a hybrid service platform or as a service layer on top of its customers’ video infrastructure.
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