VEON Ltd. (VEON) Forms $2.44 Double Bottom; Relm Wireless (RWC) Has 1.17 Sentiment

RELM Wireless Corporation (NYSEAMERICAN:RWC) Logo

Relm Wireless Corp (RWC) investors sentiment decreased to 1.17 in Q1 2018. It’s down -0.33, from 1.5 in 2017Q4. The ratio is negative, as 7 funds opened new and increased holdings, while 6 reduced and sold their equity positions in Relm Wireless Corp. The funds in our database now own: 3.41 million shares, up from 3.39 million shares in 2017Q4. Also, the number of funds holding Relm Wireless Corp in top ten holdings was flat from 1 to 1 for the same number . Sold All: 1 Reduced: 5 Increased: 4 New Position: 3.

VEON Ltd. (VEON) formed double bottom with $2.27 target or 7.00% below today’s $2.44 share price. VEON Ltd. (VEON) has $4.27 billion valuation. The stock increased 2.95% or $0.07 during the last trading session, reaching $2.44. About 2.84 million shares traded. VEON Ltd. (NASDAQ:VEON) has declined 33.85% since June 13, 2017 and is downtrending. It has underperformed by 46.42% the S&P500. Some Historical VEON News: ; 30/03/2018 – New York Post: `Villain’ Le’Veon Bell does a full 180 on Pittsburgh; 21/05/2018 – ESPN: Source: Le’Veon Bell will skip Steelers organized team activities; 12/04/2018 – DNB Adds Magellan Health, Exits Veon, Cuts IBM: 13F; 03/04/2018 – EGYPT REGULATOR: VEON DIDN’T COMPLETE PROCEDURES FOR GTH BUYOUT; 25/05/2018 – VEON EXPECTS THAT INVESTMENTS TO COMPLY WITH RUSSIAN DATA STORAGE LAW WILL PRESSURE CASHFLOW IN 2019, WON’T AFFECT MARGINS – RUSSIAN UNIT CEO; 19/04/2018 – Russia orders telecoms operators to store data for 30 days from Oct – RIA; 03/04/2018 – EGYPT REGULATOR COMMENTS ON VEON EXIT FROM GLOBAL TELECOM OFFER; 14/05/2018 – VEON ESTIMATES COSTS OF YAROVAYA LAW AT 45B RUBLES OVER 5 YEARS; 06/04/2018 – Veon Agrees to Sell Tajikistan Unit to Optimize Business; 27/03/2018 – VEON: CHIEF EXECUTIVE JEAN-YVES CHARLIER TO RESIGN EFFECTIVE IMMEDIATELY

The stock decreased 6.41% or $0.25 during the last trading session, reaching $3.65. About 7,819 shares traded or 8.79% up from the average. RELM Wireless Corporation (RWC) has declined 17.89% since June 13, 2017 and is downtrending. It has underperformed by 30.46% the S&P500. Some Historical RWC News: ; 10/05/2018 – RadioResource: Relm Reports Financial Results, Plans Multiband Radio Launch; 23/05/2018 – RELIANCE WORLDWIDE CORP – RWC RE-AFFIRMS ITS FULL YEAR EBITDA GUIDANCE FOR FY2018 OF BETWEEN A$150 MILLION AND A$155 MILLION; 21/05/2018 – RUANNE, CUNNIF & GOLDFARB, RWC AND TUNDRA AMONG INVESTORS SEEKING TO BUY STAKE IN PAKISTANI ISLAMIC LENDER; 22/04/2018 – DJ RELM Wireless Corporation, Inst Holders, 1Q 2018 (RWC); 09/05/2018 – RELM WIRELESS CORP – QTRLY REVENUES INCREASED APPROXIMATELY 59.2% TO APPROXIMATELY $11.7 MLN; 09/03/2018 Relm Wireless Short-Interest Ratio Rises 14% to 23 Days; 21/05/2018 – Ruanne, Cunniff & Goldfarb, RWC in talks to buy Meezan bank’s stake; 23/05/2018 – RWC PURCHASE OF JOHN GUEST & EQUITY RAISING; 23/05/2018 – RELIANCE WORLDWIDE CORPORATION – INTEGRATION OF RWC AND JOHN GUEST IS EXPECTED TO DELIVER TOTAL SYNERGIES IN EXCESS OF A$20 MLN EBITDA PER ANNUM; 04/05/2018 – RWC Asset Adds Corp. America Airports SA, Cuts Microsoft: 13F

RELM Wireless Corporation designs, manufactures, and markets wireless communications products in the United States and internationally. The company has market cap of $50.53 million. The firm offers two-way land mobile radios, repeaters, base stations, and related components and subsystems under BK Radio and RELM brand names. It currently has negative earnings. The Company’s BK Radio branded products include land-mobile radio equipment for professional radio users primarily in government, public safety, and military applications, as well as P-25 digital products; and RELM branded products provide two-way communications for commercial and industrial concerns, such as hotels, construction firms, schools, and transportation services.

Benchmark Capital Advisors holds 4.73% of its portfolio in RELM Wireless Corporation for 1.51 million shares. Apollo Management Holdings L.P. owns 188,971 shares or 0.01% of their US portfolio. Moreover, Bridgeway Capital Management Inc has 0.01% invested in the company for 243,744 shares. The Florida-based Smith Chas P & Associates Pa Cpas has invested 0.01% in the stock. Bank Of New York Mellon Corp, a New York-based fund reported 24,295 shares.

RELM Wireless Corporation (NYSEAMERICAN:RWC) Institutional Positions Chart