CounterPath Corp. (CPAH) Cut to Sell at Zacks Investment Research
According to Zacks, “CounterPath, Corp. focuses on the design, development, marketing and sales of desktop and mobile application software, conferencing server software, gateway server software and related professional services, such as pre and post sales technical support and customization services. The Company’s software products are sold into the telecommunications sector, specifically the voice over Internet protocol, unified communications and fixed-mobile convergence markets. The company’s product suite includes SIP-based softphones, server applications and Fixed Mobile Convergence solutions that enable service providers, enterprises and Original Equipment Manufacturers to cost-effectively integrate voice, video, presence and Instant Messaging applications into their VoIP offerings and extend functionality across both fixed and mobile networks. This company is covered under both TSX and NYSE as V.CCV and CPAH respectively. “
CounterPath Corp. (NASDAQ:CPAH) traded down 1.90% during trading on Monday, hitting $2.06. 1,020 shares of the company’s stock were exchanged. The company’s market cap is $9.38 million. The firm has a 50 day moving average price of $2.12 and a 200 day moving average price of $2.23. CounterPath Corp. has a 52-week low of $1.85 and a 52-week high of $5.25.
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CounterPath Corp. (NASDAQ:CPAH) last posted its earnings results on Wednesday, September 14th. The company reported ($0.01) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.17) by $0.16. The company earned $3 million during the quarter. CounterPath Corp. had a negative net margin of 16.56% and a negative return on equity of 21.83%. On average, equities research analysts predict that CounterPath Corp. will post ($0.44) earnings per share for the current year.
CounterPath Corp. Company Profile
CounterPath Corporation designs, develops and sells software and services that enable enterprises and telecommunication service providers to deliver unified communications (UC) services, including voice, video, messaging and collaboration functionality, over their Internet Protocol (IP)-based networks.
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