Savvy Stock Picks

Openwave Systems Inc. (NASDAQ:OPWV) shares were transacted unexpectedly with a volume of 2.90 million shares as compared to its average volume of 681,940.00 shares. OPWV opened at $2.07 scored +9.57% closed $2.29. Its 52 week price range is $1.57- $2.90.

OPWV has earnings of -$13.76 million and made $165.16 million sales for the last 12 months. Its quarter to quarter sales remained -19.76%. The company has 84.33 million of outstanding shares and 83.66 million shares were floated in the market.

OPWV has an insider ownership at 0.68% and institutional ownership remained 63.59%. Its return on investment (ROI) for the last 12 month was -12.23% as compare to its return on equity (ROE) of -18.54% for the last 12 months.

The price moved ahead +3.93% from the mean of 20 days, +1.63% from 50 and went up +12.03% from 200 days average price. Company’s performance for the week was +8.02%, +0.88% for month and yearly performance remained 10.10%.

Its price volatility for a month remained 6.91% whereas volatility for a week noted as 9.03% having beta of 1.57. Company’s price to sales ratio for last 12 months was 1.17 while its price to book ratio for the most recent quarter was 2.76.