$-0.43 EPS Expected for Net Element, Inc. (NETE); Ironsides Asset Advisors Decreased Macquarie Infrastructure Cor (MIC) Holding

May 9, 2018 - By Peter Erickson

Macquarie Infrastructure Corporation (NYSE:MIC) Logo

Ironsides Asset Advisors Llc decreased Macquarie Infrastructure Cor (MIC) stake by 73.6% reported in 2017Q4 SEC filing. Ironsides Asset Advisors Llc sold 9,035 shares as Macquarie Infrastructure Cor (MIC)’s stock declined 42.74%. The Ironsides Asset Advisors Llc holds 3,240 shares with $208,000 value, down from 12,275 last quarter. Macquarie Infrastructure Cor now has $3.28 billion valuation. The stock decreased 1.15% or $0.45 during the last trading session, reaching $38.54. About 1.32 million shares traded. Macquarie Infrastructure Corporation (NYSE:MIC) has declined 54.12% since May 9, 2017 and is downtrending. It has underperformed by 65.67% the S&P500.

Analysts expect Net Element, Inc. (NASDAQ:NETE) to report $-0.43 EPS on May, 21.They anticipate $0.67 EPS change or 60.91% from last quarter’s $-1.1 EPS. After having $-1.75 EPS previously, Net Element, Inc.’s analysts see -75.43% EPS growth. The stock decreased 2.73% or $0.23 during the last trading session, reaching $8.2. About 122,820 shares traded. Net Element, Inc. (NASDAQ:NETE) has declined 21.10% since May 9, 2017 and is downtrending. It has underperformed by 32.65% the S&P500.

Net Element, Inc. operates as a financial technology and value-added solutions firm worldwide. The company has market cap of $31.67 million. It operates in three divisions: North America Transaction Solutions, Mobile Solutions, and Online Solutions. It currently has negative earnings. The North America Transaction Solutions segment provides technology and services that businesses require to accept cashless transaction for retail card-present, e-commerce, or card-not-present mail order/telephone order transactions; and Aptito, a cloud point of sale platform, which includes hospitality, mobile POS, and small to medium sized business retail POS applications, as well as offers mobile payment and merchant back office reporting services, and merchant performance analytical tools.

More important recent Net Element, Inc. (NASDAQ:NETE) news were published by: Nasdaq.com which released: “JGR Capital Initiates Coverage on Net Element, Inc. (NETE)” on April 17, 2018, also Nasdaq.com published article titled: “Net Element’s PayOnline Partners with Bank Sputnik to Offer Comprehensive Payment Facilitator Solution for SMB”, Nasdaq.com published: “Mid-Afternoon Market Update: Skyline Rises After Q3 Results; EyeGate Pharmaceuticals Shares Plunge” on April 13, 2018. More interesting news about Net Element, Inc. (NASDAQ:NETE) was released by: Nasdaq.com and their article: “Detailed Research: Economic Perspectives on Menlo Therapeutics, Potbelly, Maximus, Veeva, RLJ Lodging Trust, and …” with publication date: April 18, 2018.

Ironsides Asset Advisors Llc increased Proshares Tr stake by 8,400 shares to 19,765 valued at $835,000 in 2017Q4. It also upped Wisdomtree Tr (EXT) stake by 30,000 shares and now owns 45,000 shares. Wisdomtree Tr (DXJ) was raised too.

More notable recent Macquarie Infrastructure Corporation (NYSE:MIC) news were published by: Seekingalpha.com which released: “Macquarie Infrastructure’s (MIC) CEO Christopher Frost on Q1 2018 Results – Earnings Call Transcript” on May 03, 2018, also Prnewswire.com with their article: “MIC Provides Additional Update Following Solid Quarterly Results and Initiatives Outlined by New Chief Executive …” published on May 07, 2018, Businesswire.com published: “MIC INVESTOR ALERT: The Law Offices of Vincent Wong Notifies Investors of a Class Action Involving Macquarie …” on May 06, 2018. More interesting news about Macquarie Infrastructure Corporation (NYSE:MIC) were released by: Globenewswire.com and their article: “MIC SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notifies Investors of Commencement of a Class Action …” published on May 04, 2018 as well as Globenewswire.com‘s news article titled: “The Klein Law Firm Announces a Class Action Filed on Behalf of Macquarie Infrastructure Corporation Shareholders …” with publication date: May 08, 2018.

Macquarie Infrastructure Corporation (NYSE:MIC) Institutional Positions Chart

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