Five Star Equities Issues New Research Reports on COVS, DGII, RITT and SHOR


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NASDAQ:COVS / NASDAQ:DGII / NASDAQ:RITT / NASDAQ:SHOR
01/28/2014 [ACCESSWIRE]

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Covisint Corp. (NASDAQ: COVS) shares tumbled 20.64 percent to close at $10.19 a share Friday. The stock traded between $10.08 and $12.70 on volume 861,785 shares traded. The company reported revenues were $24.1 million for the third quarter of fiscal 2014, an increase of just 1.0 percent when compared to a year ago.

Get more information on Covisint free access to the in-depth equity report at:  
www.FiveStarEquities.com/COVS

Digi International Inc. (NASDAQ: DGII) shares dropped 15.30 percent to close at $10.24 a share Friday. The stock traded between $10.23 and $10.88 on volume of 499,481 shares traded. The company reported a net income of $0.7 million for the first quarter of fiscal 2014, down from a net income of $1.2 million a year ago. Shares of Digi International have gained approximately 6.0 percent in the past year.

Get more information on Digi International and free access to the in-depth equity report at:  
www.FiveStarEquities.com/DGII

RiT Technologies Ltd. (NASDAQ: RITT) shares fell 17.29 percent to close at $1.77 a share Friday. The stock traded between $1.73 and $2.00 on volume 1.03 million shares traded. The company recently reported that it has promoted Motti Hania to President and Chief Executive Officer. Shares of RiT Technologies have fallen approximately 45.0 percent in the past year.

Get more information on RiT Technologies and free access to the in-depth equity report at:  
www.FiveStarEquities.com/RITT

ShoreTel, Inc. (NASDAQ: SHOR) shares declined 11.50 percent to close at $8.31 a share Friday. The stock traded between $8.22 and $8.99 on volume 2.30 million shares traded. The company reported revenues were $84.5 million for the second quarter of fiscal 2014, an increase of 13.0 percent when compared to a year ago. Shares of ShoreTel have gained approximately 70.0 percent in the past year.

Get more information on ShoreTel and free access to the in-depth equity report at:  
www.FiveStarEquities.com/SHOR

Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Five Star Equities has no financial relationship with any company whose stock is mentioned in this release.

Contact:                      
Five Star Equities
info@fivestarequities.com

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