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Stock Insights on ARI Network Services Inc. (NASDAQ:ARIS)

February 06
09:06 2015

[Globe Newswire] ARI Network Services, Inc. (NASDAQ:ARIS) (TREND ANALYSIS) announced that a manufacturer of market-leading outdoor recreation products has selected PartStream(R), ARI’s award-winning illustrated parts lookup solution, to power the online parts shopping experience on the websites of two of its flagship marine brands.

The $400 million international company was seeking a solution to offers its dealers and consumers the ability to quickly and easily look up replacement parts online. PartStream will deliver the manufacturer’s site visitors an intuitive user experience that makes it simple to quickly identify the right part using a quick search tool, intuitive illustrations and parts listings.

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ARI Network Services, Inc. (NCM:ARIS) is currently trading 18.88% below its 52-week-high, 49.79% above its 52-week-low. The 1-year range for the stock is $2.41 – $4.45. The stock price has under-performed the S&P 500 by 3.8%. ARIS is currently valued at $0.05 billion and closed the last trading session at $3.61. The stock has a 50-day moving average of $3.58 and a 200-day moving average of $3.31.

ARI Network Services, Inc. (ARIS) current short interest stands at 0.08 millions shares. It has decreased by 68% from the same period of last month. Around 1% of the company’s shares, which are float, are short sold. With a 10-days average volume of 0.01 millions shares, the number of days required to cover the short positions stand at 5.6 days.

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There are currently two analysts that cover ARIS. Of those two, two have a Buy rating, . On a consensus basis this yields to a Buy rating. The consensus target price stands at $4.5.

In term of ownership, company insiders have sold 0.3% of their stock over the last six months while institutions have increased their positions by 0.15%. As a whole, institutions own 33.2% of the total outstanding shares.

Company profile

ARI Network Services, Inc. (NASDAQ:ARIS) Ascendiant Capital Markets provides software-as-a-service and data-as-a-service solutions to equipment manufacturers, distributors, and dealers. Its solutions enable selling and servicing of new and used inventory, and parts, garments, and accessories (PG&A) for customers in the automotive tire and wheel aftermarket, powersports, outdoor power equipment (OPE), marine, home medical equipment, recreational vehicles, and appliance industries. The company offers eCommerce-enabled Websites that provide consumers with information about a dealership and its product lines, and allow consumers to obtain information on whole goods and purchase PG&A through the dealers’ Website, as well as provides a mobile solution that allows dealers’ Websites to be functional on smart mobile phones.

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Paul Cole

Paul Cole

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