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Enter Symbol:
 
Vringo, Inc. (VRNG) [hlAlert]

Rating:
Buy VRNG
down 84.11 %

Vringo, Inc. (VRNG) rated Buy with price target $7 by Maxim Group

Posted on: Wednesday,  Jan 29, 2014  11:25 AM ET by Maxim Group

Maxim Group rated Buy Vringo, Inc. (NASDAQ: VRNG) on 01/29/2014. Previously Maxim Group rated Buy Vringo, Inc. (NASDAQ: VRNG) on 08/07/2012.,
when the stock price was $3.84. Since then, Vringo, Inc. has lost 84.11% as of 01/25/2016's recent price of $0.61.
If you would have followed the previous Maxim Group's recommendation on VRNG, you would have lost 84.11% of your investment in 1266 days.

Vringo, Inc. (Vringo) is a development-stage company. The Company is engaged in developing software for mobile phones. It provides a platform, which allows users to create, download and share mobile entertainment content in the form of video ringtones for mobile phones. Vringo?s product consists of four components, such as The Vringo Mobile Application, The Vringo WAP Site, The Vringo Website and The Vringo Studio. Vringo (Israel) Ltd. is its wholly owned subsidiary.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/29/2014 11:25 AM Buy
None
5.12 7.00
as of 10/17/2014
1 Week up  29.16 %
1 Month down  -8.82 %
3 Months down  -71.20 %
1 YTD down  -68.58 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/13/2013 4:25 PM Buy
None
2.78 5.00
8/7/2012 8:36 PM Buy
None
3.84 6.50

(*) Stock Price at the time of the recommendation.
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