Notable Price Action: Is Selling Stock Like Kingtone Wirelessinfo Solutions Hldg Ltd After Such Decline Winning Strategy?

Notable Price Action: Is Selling Stock Like Kingtone Wirelessinfo Solutions Hldg Ltd After Such Decline Winning Strategy?

The stock of Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) is a huge mover today! About 57,897 shares traded hands. Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) has risen 133.62% since April 27, 2016 and is uptrending. It has outperformed by 128.40% the S&P500.
The move comes after 7 months negative chart setup for the $7.85 million company. It was reported on Nov, 30 by Barchart.com. We have $4.85 PT which if reached, will make NASDAQ:KONE worth $235,500 less.

Analysts await Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) to report earnings on January, 18.

According to Zacks Investment Research, “Kingtone Wirelessinfo Solution Holding Ltd, based in China, is a software and solutions developer focused on wirelessly enabling businesses and government agencies to more efficiently manage their operations. The Company’s products, known as mobile enterprise solutions, allow company personnel whose work function requires mobility (as opposed to operating from a single work station) to be connected with enterprise information technology, or IT systems, including Enterprise Asset Management (EAM), Enterprise Resource Planning (ERP), Supply Chain Management (SCM), and Customer Relationship Management (CRM). The Company’s software enables such systems to get extended to personnel in the field using wireless devices such as smart phones, PDAs, cameras, barcode scanners, portable printers, GPS devices, and tablet computers. Mobile enterprise solutions also include custom software applications for specific industries and businesses. Kingtone Wirelessinfo Solution Holding Ltd is headquartered in Xian, China.”

More important recent Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) news were published by: Marketwatch.com which released: “Kingtone Wirelessinfo Solution Holding Ltd. ADR” on November 19, 2010, also Prnewswire.com published article titled: “Kingtone Wirelessinfo Solution Holding Ltd Announces to Hold an Earnings …”, Quotes.Wsj.com published: “DOW JONES, A NEWS CORP COMPANY” on February 12, 2011. More interesting news about Kingtone Wirelessinfo Solutions Hldg Ltd (NASDAQ:KONE) was released by: Prnewswire.com and their article: “Research Reports Initiation on Tech Stocks — Callidus Software, Verint …” with publication date: November 30, 2016.

KONE Company Profile

Kingtone Wirelessinfo Solution Holding Ltd, incorporated on October 27, 2009, is a holding company. The Company, through Xi’an Kingtone Information Technology Co., Ltd., develops and provides mobile enterprise solutions. The Company’s mobile enterprise solutions allow firm personnel whose work function requires mobility to be connected with enterprise information technology (IT) systems, including enterprise asset management (EAM), enterprise resource planning (ERP), supply chain management (SCM) and customer relationship management (CRM). The Company’s software enables such systems to get extended to personnel in the field using wireless devices, such as smart phones, personal digital assistants (PDAs), cameras, barcode scanners, portable printers, global positioning system (GPS) devices and tablet computers. The Company’s mobile enterprise solutions also contain custom software applications for specific industries and businesses.

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