ServiceSource International, Inc. (SREV) Reaches $4.20 After 8.00% Up Move; Shorts at NOVOZYMES A/S ORDINARY SHARES (NVZMF) Lowered By 0.89%

May 21, 2018 - By Vivian Park

Novozymes A/S (OTCMKTS:NVZMF) Logo

The stock of ServiceSource International, Inc. (NASDAQ:SREV) is a huge mover today! The stock increased 3.58% or $0.145 during the last trading session, reaching $4.195. About 528,989 shares traded or 22.57% up from the average. ServiceSource International, Inc. (NASDAQ:SREV) has declined 1.08% since May 21, 2017 and is downtrending. It has underperformed by 12.63% the S&P500.The move comes after 5 months positive chart setup for the $381.62M company. It was reported on May, 21 by Barchart.com. We have $4.53 PT which if reached, will make NASDAQ:SREV worth $30.53 million more.

NOVOZYMES A/S ORDINARY SHARES (OTCMKTS:NVZMF) had a decrease of 0.89% in short interest. NVZMF’s SI was 389,400 shares in May as released by FINRA. Its down 0.89% from 392,900 shares previously. With 600 avg volume, 649 days are for NOVOZYMES A/S ORDINARY SHARES (OTCMKTS:NVZMF)’s short sellers to cover NVZMF’s short positions. The SI to NOVOZYMES A/S ORDINARY SHARES’s float is 0.17%. It closed at $51.83 lastly. It is down 0.00% since May 21, 2017 and is . It has underperformed by 11.55% the S&P500.

Novozymes A/S produces and sells industrial enzymes and microorganisms worldwide. The company has market cap of $14.93 billion. It operates in three divisions: Household Care & Technical, Agriculture & Bioenergy, and Food & Beverages. It has a 29.91 P/E ratio. The firm offers enzymes for use in household care products, such as laundry detergents, hand and automatic dishwashing soaps, and professional cleaning products.

Among 4 analysts covering ServiceSource International (NASDAQ:SREV), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. ServiceSource International had 7 analyst reports since August 24, 2016 according to SRatingsIntel. On Thursday, November 9 the stock rating was maintained by Northland Capital with “Hold”. The stock of ServiceSource International, Inc. (NASDAQ:SREV) has “Market Perform” rating given on Wednesday, February 22 by Northland Capital. The rating was maintained by Northland Capital with “Hold” on Friday, July 28. JMP Securities maintained ServiceSource International, Inc. (NASDAQ:SREV) rating on Wednesday, August 24. JMP Securities has “Market Outperform” rating and $8 target. FBR Capital initiated ServiceSource International, Inc. (NASDAQ:SREV) rating on Tuesday, March 27. FBR Capital has “Buy” rating and $500 target. The rating was maintained by Northland Capital on Thursday, October 5 with “Hold”.

Investors sentiment decreased to 1.12 in 2017 Q4. Its down 0.73, from 1.85 in 2017Q3. It worsened, as 7 investors sold ServiceSource International, Inc. shares while 26 reduced holdings. 10 funds opened positions while 27 raised stakes. 56.58 million shares or 4.80% less from 59.43 million shares in 2017Q3 were reported. Harvest Cap Strategies Limited Liability holds 6.85 million shares or 3.67% of its portfolio. Manufacturers Life The reported 0% stake. Dimensional Fund Advisors Lp has 745,278 shares for 0% of their portfolio. Bnp Paribas Arbitrage Sa reported 0% of its portfolio in ServiceSource International, Inc. (NASDAQ:SREV). 13,165 are held by Barclays Plc. Moreover, Jpmorgan Chase And has 0% invested in ServiceSource International, Inc. (NASDAQ:SREV) for 35,257 shares. Soros Fund Limited Liability Com accumulated 0.02% or 225,015 shares. Rgm Lc invested 2.17% in ServiceSource International, Inc. (NASDAQ:SREV). Renaissance Techs Lc has 2.28M shares. Ny State Common Retirement Fund accumulated 73,800 shares. Parametric Port Associates Ltd Com has invested 0% in ServiceSource International, Inc. (NASDAQ:SREV). Proshare Advsr Limited Liability Co holds 0% or 11,448 shares. State Street Corp stated it has 1.20 million shares or 0% of all its holdings. Ameritas Investment has 0% invested in ServiceSource International, Inc. (NASDAQ:SREV). Geode Cap Mngmt Ltd Limited Liability Company holds 0% of its portfolio in ServiceSource International, Inc. (NASDAQ:SREV) for 547,887 shares.

Analysts await ServiceSource International, Inc. (NASDAQ:SREV) to report earnings on August, 6. They expect $-0.01 earnings per share, down 150.00% or $0.03 from last year’s $0.02 per share. After $-0.04 actual earnings per share reported by ServiceSource International, Inc. for the previous quarter, Wall Street now forecasts -75.00% EPS growth.

More recent ServiceSource International, Inc. (NASDAQ:SREV) news were published by: Seekingalpha.com which released: “ServiceSource: Avoid” on April 24, 2018. Also Businesswire.com published the news titled: “ServiceSource to Present at Upcoming Investor Conferences” on May 18, 2018. Seekingalpha.com‘s news article titled: “ServiceSource International’s (SREV) CEO Chris Carrington on Q1 2018 Results – Earnings Call Transcript” with publication date: May 05, 2018 was also an interesting one.

ServiceSource International, Inc. (NASDAQ:SREV) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Vivian Park

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: