Internap Network Services (NASDAQ:INAP)
CAPS Rating:
The Company markets products and services that optimize the performance and reliability of strategic business Internet applications for e-commerce, customer relationship management, multimedia streaming, VoIP, VPNs and supply chain management.
RSS Headlines
Fool UK
Recs
Internap Network Services very simply provides larger companies with complicated networks a faster route to get information through their servers. Although this is a very competitive space, the fact that INAP is down over 75% in the last few months seems hardly justified. INAP is trading at below 0.7 times book value and a mere 7.3 times forward price to earnings estimates. Revenue growth is slated between 17-20% over the next 3 years and the company has ample cash stockpiled, roughly $1.20 per share after debt. They could do a buyback here to improve EPS or possibly even get a buyout offer at these levels, but one thing is for sure, it won't stay this low for long.
Nero
Sagetrade