Weekly 3-Year Low Highlights: SSNI, EZCH, TSC, DCIX

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Sep 17, 2013
According to GuruFocus' list of 3-year lows; Silver Spring Networks Inc., EZchip Semiconductor Ltd. and Diana Containerships Inc. have all reached their three-year lows.


Silver Spring Networks Inc. (SSNI, Financial) Reached the Three-Year Low of $15.26


The prices of Silver Spring Networks Inc (SSNI) shares have declined to close to the three-year low of $15.26, which is 54.9% off the three-year high of $33.82.


Silver Spring Networks Inc. has a market cap of $711.8 million; its shares were traded at around $15.26 with and P/S ratio of 2.10.


Silver Spring Networks has released its second quarter 2013 results. Non-GAAP revenue was up 17% to $86.5 million, and non-GAAP net loss was $4.5 million as compared to loss of $1.1 million a year ago.


Three Gurus Decreased Positions in SSNI: Chairman, President and CEO Scott A. Lang sold 63,593 shares of SSNI stock on 09/10/2013 at the average price of $17.5. EVP Donald L. Reeves III sold 1,445 shares of SSNI stock on 09/09/2013 at the average price of $18.44. EVP Daniel J. Middleton sold 8,500 shares of SSNI stock on 09/09/2013 at the average price of $17.76.


EZchip Semiconductor Ltd. (EZCH, Financial) Reached the Three-Year Low of $22.23


The prices of EZchip Semiconductor Ltd. (EZCH) shares have declined to close to the three-year low of $22.23, which is 54.6% off the three-year high of $46.79.


EZchip Semiconductor Ltd. has a market cap of $635.3 million; its shares were traded at around $22.23 with a P/E ratio of 47.20 and P/S ratio of 11.40.


EZchip has released its second quarter 2013 results. Revenues for this quarter were $16.7 million, with GAAP net income of $5.1 million. Operating cash flow was $7.5 million, gross margin reached 85.1%, and the company ended the quarter with $181.9 million net cash.


1 Guru Kept Positions in EZCH Unchanged or Slightly Adjusted: Ronald Muhlenkamp owns 321,205 shares as of 06/30/2013, which accounts for 1.8% of the $480 million portfolio of Muhlenkamp Fund.


Diana Containerships Inc. (DCIX, Financial) Reached the Three-Year Low of $3.68


The prices of Diana Containerships Inc. (DCIX) shares have declined to close to the three-year low of $3.68, which is 77.0% off the three-year high of $15.50.


Diana Containerships Inc. has a market cap of $124.2 million; its shares were traded at around $3.68 with a P/E ratio of 18.10 and P/S ratio of 2.10. The dividend yield of Diana Containerships Inc. stocks is 28.40%.


For its second quarter of 2013, the company reported net loss of $5.0 million, compared to net income of $2.2 million in the same quarter of last year.


Go here for the complete list of three-year lows.