Technology Sector Recap; Dell (DELL) Soars Above Takeover Price while Google (GOOG) Upgrades AdWords Platform – DELL, GOOG, HPQ, SPWR, CIMT, EGOV

Technology sector reacted positively on Monday trading session and sector moved up +0.23%. If we look at the key movers of the sector so SunPower Corporation (NASDAQ:SPWR) and Cimatron Ltd (NASDAQ:CIMT) were major percentage gainers while key percentage decliner was NIC Inc (NASDAQ:EGOV).

Dell Inc (NASDAQ:DELL), which previous week decided to be taken private, finished more than the bid price for the primary time since the report after the third major computer maker’s biggest outside shareholder reported the proposed agreement undervalues it.

Dell Inc.’s YTD performance was recorded as 35.11% while its market capitalization was $23.80 billion. The company has P/B ratio of 2.34 while P/E ratio was booked as 9.32. Institutional ownership owns 68.46% shares of the company while beta factor, which is used to measure riskiness of the security, was 1.41. Net profit margin of the company was 4.44% while its gross profit margin was 21.25%.

Google Inc (NASDAQ:GOOG) and Facebook Inc (NASDAQ:FB) are still facing challenges in monetizing the mobile traffic. Google has upgraded its AdWords platform in a plan to improve the attractiveness of mobile systems to advertisers.

The search engine giant announced that the revamped AdWords will assist brands target internet searches more accurately on mobile gadgets.

Google Inc has market capitalization of $257.94 billion. Its current ratio was 4.22 while its shares were looking forward SMA50 with 8.11. The company offered earnings per share of 32.47 while its 329.66 million shares were outstanding. YTD performance of the stock was 10.61%.

Hewlett-Packard Company (NYSE:HPQ) has the market capitalization of $33.09 billion. The company’s EPS was -6.45 while its 1.95 billion shares were outstanding. Its institutional ownership was 79.34%. Shares of the company were moving ahead of SMA50 with 10.32% while its YTD performance was 18.11%.

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