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QuoteMedia, Inc. (QMCI)
A David Versus Goliath Story
QuoteMedia, based in Fountain Hills, Arizona, provides cloud-based financial data, market news feeds, and financial software solutions. Its customers include financial service companies, online brokerages, clearing firms, banks, media portals, public corporations and individual investors. The company provides a single source solution providing products such as streaming quotes, charting, historical data, technical analysis, news and research. Information can customized and provided to multiple platforms including terminals and mobile devices.
Michael Kupinski, DOR, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to full report for price target, fundamental analysis and rating.
- Initiating coverage. We are initiating with an Outperform rating based on the company's favorable revenue and cash flow growth prospects and compelling stock valuation. The company is closely held and could be subject to Penny Stock rules. As such, the shares are considered to be suitable for speculative investors.
- Why QuoteMedia? The company plays in a large market, has a scalable business model, favorable pricing ability, and is flexible to compete for.....
*Analyst certification and important disclosures included in full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.