Glowpoint, Inc. (NYSEAMERICAN:GLOW) was the target of a large decrease in short interest in the month of December. As of December 29th, there was short interest totalling 35,993 shares, a decrease of 74.7% from the December 15th total of 142,463 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 1,671,935 shares, the days-to-cover ratio is currently 0.0 days.
Shares of Glowpoint (NYSEAMERICAN GLOW) traded up $0.01 during trading on Friday, hitting $0.32. The stock had a trading volume of 609,703 shares, compared to its average volume of 687,804. The firm has a market cap of $10.84, a PE ratio of 2.21 and a beta of 0.13. Glowpoint has a fifty-two week low of $0.19 and a fifty-two week high of $0.65.
Glowpoint (NYSEAMERICAN:GLOW) last announced its quarterly earnings results on Tuesday, November 14th. The technology company reported $0.03 earnings per share for the quarter. The business had revenue of $3.48 million for the quarter. Glowpoint had a return on equity of 448.71% and a net margin of 204.08%.
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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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