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Evolving Systems, Inc. (EVOL) [hlAlert]

Rating:
Buy EVOL
down 85.21 %

Evolving Systems, Inc. (EVOL) rated Buy with price target $3.50 by MDB Capital Group

Posted on: Tuesday,  Jul 15, 2008  9:25 AM ET by MDB Capital Group

MDB Capital Group rated Buy Evolving Systems, Inc. (NASDAQ: EVOL) on 07/15/2008, when the stock price was $41.00.
Since then, Evolving Systems, Inc. has lost 85.22% as of 08/27/2015's recent price of $6.06.
If you would have followed this MDB Capital Group's recommendation on EVOL, you would have lost 85.21% of your investment in 2599 days.

Evolving Systems, Inc. is a leading provider of selected software solutions and services that enable telecommunications carriers to address the technical challenges to their operational support systems. The company develops, markets, sells and supports standard software products that enable established and new telecommunications companies to address local number portability requirements and the impact of LNP on such companies' support systems. The company also provides custom software development services to leading telecommunications companies.

MDB Capital has strives to be the leading micro-cap research firm. Our focus is on companies between $40-$200MM in market capitalization that are not widely covered by other research firms. Our objective in following this sector is to provide our investors with idea that lead to above markets returns. MDB strives to provide insightful, independent and performance-oriented research. We strictly maintain a pure research environment, where solid research opinions are formed by our analysts' thorough evaluations, rather than influenced by investment banking relationships.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/15/2008 9:25 AM Buy
None
41.00 70.00
as of 12/24/2008
1 Week up  16.66 %
1 Month up  31.62 %
3 Months up  62.10 %
1 YTD up  92.50 %

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