iCAD, Inc. (ICAD) At $3.35 Forms Bottom; Mimecast Limited Ord (MIME) Shorts Lowered By 10.02%

Mimecast Limited Ord (NASDAQ:MIME) had a decrease of 10.02% in short interest. MIME’s SI was 518,100 shares in January as released by FINRA. Its down 10.02% from 575,800 shares previously. With 196,900 avg volume, 3 days are for Mimecast Limited Ord (NASDAQ:MIME)’s short sellers to cover MIME’s short positions. The SI to Mimecast Limited Ord’s float is 2.31%. The stock increased 0.44% or $0.14 during the last trading session, reaching $32.22. About 139,474 shares traded. Mimecast Limited (NASDAQ:MIME) has risen 240.79% since January 27, 2017 and is uptrending. It has outperformed by 224.09% the S&P500.

iCAD, Inc. (ICAD) formed multiple bottom with $3.12 target or 7.00% below today’s $3.35 share price. iCAD, Inc. (ICAD) has $55.31M valuation. The stock decreased 1.76% or $0.06 during the last trading session, reaching $3.35. About 47,374 shares traded or 34.30% up from the average. iCAD, Inc. (NASDAQ:ICAD) has declined 14.66% since January 27, 2017 and is downtrending. It has underperformed by 31.36% the S&P500.

Mimecast Limited, a email and data security company, provides cloud security and risk management services for corporate information and email. The company has market cap of $1.85 billion. The firm offers Mimecast Email Security services, including targeted threat protection services, such as URL Protect that addresses the threat from emails containing malicious links; Attachment Protect that reduces threat from weaponized or malware-laden attachments used in spear-phishing and other attacks; Impersonation Protect that gives protection from malware-less social engineering attacks; and Internal Email Protect, which allows clients to monitor, detect, and remediate security threats that originate from within their internal email systems. It currently has negative earnings. The Company’s Mimecast Email Security services also comprise Secure Messaging for sharing sensitive information with external contacts through email; and Data Leak Prevention, which prevents the inadvertent or malicious loss of sensitive corporate data with advanced data leak prevention and content controls.

Among 9 analysts covering Mimecast (NASDAQ:MIME), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Mimecast had 11 analyst reports since December 14, 2015 according to SRatingsIntel. RBC Capital Markets initiated it with “Outperform” rating and $15 target in Monday, December 14 report. The stock has “Outperform” rating by Oppenheimer on Monday, December 14. The stock of Mimecast Limited (NASDAQ:MIME) has “Outperform” rating given on Tuesday, January 17 by Northland Capital. As per Friday, November 4, the company rating was maintained by Dougherty & Company. Goldman Sachs initiated Mimecast Limited (NASDAQ:MIME) on Monday, December 14 with “Buy” rating. The firm has “Buy” rating by Jefferies given on Monday, December 14. The firm has “Buy” rating by Dougherty & Company given on Friday, June 3. Brean Capital initiated the stock with “Buy” rating in Wednesday, January 25 report. The rating was maintained by Dougherty & Company on Friday, February 10 with “Buy”. The stock has “Overweight” rating by JP Morgan on Friday, October 14.

Analysts await iCAD, Inc. (NASDAQ:ICAD) to report earnings on March, 14. They expect $-0.15 EPS, up 25.00% or $0.05 from last year’s $-0.2 per share. After $-0.13 actual EPS reported by iCAD, Inc. for the previous quarter, Wall Street now forecasts 15.38% negative EPS growth.