Momentum Stocks: Basic Energy Services, Inc. (NYSE:BAS), Digital Turbine, Inc. (NASDAQ:APPS), InterCloud Systems, Inc. (NASDAQ:ICLD), JDS Uniphase (NASDAQ:JDSU), Merus Labs International (NASDAQ:MSLI)

Basic Energy Services, Inc. (NYSE:BAS) belongs to Basic Materials sector. Its net profit margin is -2.80% and weekly performance is -8.04%. On last trading day company shares ended up $6.29. Basic Energy Services, Inc. (NYSE:BAS) distance from 50-day simple moving average (SMA50) is -24.84%. On July 10, Basic Energy Services, Inc. (NYSE:BAS) reported selected operating data for the month of June 2015. Basic’s well servicing rig count remained unchanged at 421. Well servicing rig hours for the month were 55,800, producing a rig utilization rate of 55%, compared to 50% and 74% in May 2015 and June 2014, respectively.

Digital Turbine, Inc. (NASDAQ:APPS) shares moved up 14.29% in last trading session and ended the day at $2.96. APPS Gross Margin is 21.90% and its return on assets is -50.90%. Digital Turbine, Inc. (NASDAQ:APPS) quarterly performance is -17.55%. On July 10, Digital Turbine, Inc. (NASDAQ:APPS) announced that it estimates first quarter fiscal 2016 revenue for the quarter ended June 30, 2015 to be in the range of $18.6 to $18.7 million, at the upper end of its $17-19 million outlook range for the quarter. On a pro-forma basis, as if Appia had been owned for the entire fourth quarter of fiscal 2015, total revenue increased 15-16% compared to fourth quarter fiscal 2015 revenue of $16.1 million, driven primarily by approximately 230% growth in revenue attributable to DT Ignite™ and DT IQ™ to $3.2 million from pro forma revenue of approximately $968,000 for fourth quarter fiscal 2015.

On 10 July, InterCloud Systems, Inc. (NASDAQ:ICLD) shares moved up 6.36% and was closed at $2.51. InterCloud Systems, Inc. (NASDAQ:ICLD) year to date (YTD) performance is -14.04%. On July 10, InterCloud Systems, Inc. (NASDAQ:ICLD), announced that it was recently awarded a series of contracts from new and existing clients valued at over $1.5 million to provide engineering, design and implementation of next generation wireless networks. Further details are withheld due to the nature of the project and associated critical infrastructure.

JDS Uniphase Corporation (NASDAQ:JDSU) ended the last trading day at $11.09. Company weekly volatility is calculated as 2.31% and price to cash ratio as 3.29. JDS Uniphase Corporation (NASDAQ:JDSU) showed a weekly performance of -2.63%. On Jul 10, JDS Uniphase Corporation (NASDAQ:JDSU) announced that it continues to expect to spin off its communications and commercial optical products (“CCOP”) business into a separate, publicly-traded company, Lumentum Holdings Inc. (“Lumentum”), in the third calendar quarter of 2015. Existing filings with the Securities and Exchange Commission indicate a distribution date of July 26, 2015. JDSU is continuing the customary regulatory process, and is targeting a revised separation date in August. JDSU will confirm definitive separation, record and distribution dates once the regulatory process is completed.

Merus Labs International Inc. (NASDAQ:MSLI) shares moved up 7.49% in last trading session and ended the day at $2.44. MSLI Gross Margin is 86.20% and its return on assets is -1.50%. Merus Labs International Inc. (NASDAQ:MSLI) quarterly performance is -6.15%. Merus Labs International Inc. (NASDAQ:MSLI), announced today that it has filed a preliminary short form base shelf prospectus with the securities commissions in all provinces in Canada, other than Quebec, Nova Scotia and Newfoundland, and a corresponding shelf registration statement on Form F-10 with the U.S. Securities and Exchange Commission (the “SEC”) under the U.S./Canada Multijurisdictional Disclosure System.

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