NEW YORK, NY - MARCH 28: Traders work on the floor of the New York Stock Exchange on March 28, 2014 in New York City. The Dow Jones industrial avererage was up over 100 points in afternoon trading. (Photo by Spencer Platt/Getty Images)

Internap Corporation trades as part of the technology sector and application software industry. The company CEO is Peter D. Aquino. Internap Corp is engaged in providing high-performance data center services including colocation, managed hosting, cloud, and network services.



Previous Intraday Performance:

The INAP shares had a previous change of 8.16% which opened at 2.49 and closed at 2.65. It moved to an intraday high of 2.66 and a low of 2.37.

SeekingAlpha:  PLAN, AMD, SMI and AGMH among notable tech movers

Historical Performance:

Over the last five trading days, INAP shares returned 11.34% and in the past 30 trading days it returned -39.91%. Over three months, it changed -51.38%. In one year it has changed -76.08% and within that year its 52 week high was 15.31 and its 52 week low was 2.29. INAP stock is 15.72% above its 52 week low.

Our calculations result in a 200 day moving average of 6.96 and a 50 day moving average of 3.98. Right now, INAP stock is trading -61.91% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.

SeekingAlpha:  PLAN, AMD, SMI and AGMH among notable tech movers

Liquidity:

The company has a market cap of $70.8m with 26.7m shares outstanding and a float of 19.3m shares. Trading volume was 316,718 shares and has experienced an average volume of 430,139 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Internap Corporation was -2.99 which ended on 31st of December 2018. Based on 4 analyst estimates, the consensus EPS for the next quarter is -0.57.

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 05-09-2019: -0.83
4thQtr 2018Reported 03-14-2019: -0.82
3rdQtr 2018Reported 11-01-2018: -0.75
2ndQtr 2018Reported 08-02-2018: -0.69
1stQtr 2018Reported 05-03-2018: -0.70

Base on our calculations, the intrinsic value per share is 6.35, which means it might be undervalued and has a margin of safety of 58.24%.

EPS growth is an important number as it indicates the future prospects of Internap Corporation; it is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been 3.80% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 92.60% of institutional ownership.

The beta was calculated to be 2.88.

SeekingAlpha:  Standing At The Edge Of The Abyss

Fundamental Numbers:

Based on last reported financials, the company’s return on assets is -9.59%, profit margin is -21.67%, price-to-sales is 0.21 and price-to-book is 36.68.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 0  : Financial Safety Result
 0  : Past Performance Result
 2  : Valuation Result
 0  : Dividend Safety Result
 0  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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