Pink Sheets: Axis Technologies Group, Inc. (AXTG) news stock charts
Axis Technologies Group, Inc. (AXTG/AXTG.PK) Penny Investment Summary:
Axis Technologies Group, Inc., through its subsidiary, Axis Technologies, Inc., designs, manufactures, markets, and sells fluorescent lighting products for the commercial lighting industry in the United States and Canada. It offers a proprietary line of electronic dimming ballasts that regulate voltage in light fixtures. The company markets its products to commercial users of fluorescent lighting in office buildings, wholesale and retail buildings, hospitals, schools, and government buildings. Axis Technologies Group is headquartered in Lincoln, Nebraska.AXIS TECHNOLOGIES (AXTG:OTC)
Snapshot of AXIS TECHNOLOGIES (AXTG)
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OPEN
$0.11
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PREVIOUS CLOSE
$0.11
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DAY HIGH
$0.12
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DAY LOW
$0.11
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52 WEEK HIGH
03/23/09 - $0.30
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52 WEEK LOW
12/16/09 - $0.08
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MARKET CAP
7.7M
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AVERAGE VOLUME 10 D
11.7K
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EPS TTM
$-0.03
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SHARES OUTSTANDING
64.4M
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AXTG Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
Key developments for AXIS TECHNOLOGIES (AXTG)
Axis Technologies Group Inc. announced the appointment of Mr. Byron Hogue and Mr. William Bethell to the company's advisory board. Hogue will assist Axis Technologies in warehouse management and logistics. Mr. Hogue is most known for assisting Frederick Smith, CEO of Federal Express, in the early days of the well known package and letter delivery company. While at FedEx, Mr. Hogue served as executive assistant to the chairman and held positions as vice president of sales, governmental and regulatory affairs and air operations.
Axis Technologies Group Inc. reported earnings results for the first quarter ended March 31, 2009. For the quarter, the company showed a net loss of $482,822. In contrast, the company posted a net loss of $122,740 for the same quarter in the previous year.
Axis Technologies Group Inc. announced that Robert Light and Energy Industries (RLE) is expanding its distributor and original equipment manufacturer relationship with Axis to include the addressable demand response ballast introduced at the recent Lightfair International trade show in New York City. RLE has included the Axis ballast in several recent contract proposals presented to municipal and school administration clients with total potential ballast requirements of over 4,000 units. The new Axis Demand Response solution has tremendous opportunity at a time when intraday price spikes are now a reality. The need to quickly shed lighting load remotely in a facility can now be achieved simply and economically. Axis Technologies look forward to building a close and mutually productive relationship with RLE Industries. With RLE Industries market position and technical expertise and Axis innovative addressable demand response ballast, RLE and Axis can offer to both corporate and government clients a low cost solution to the vexing problem of managing energy demands in fluorescent lighting.
Axis Technologies Group, Inc. financial resources
AXTG Competitors
| Company | Last | Change |
| General Electric Co | $18.07 USD | -0.12 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | AXTG | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 10.4x |
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| Price/Book | NM | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 9.1x |
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AXTG |
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AXTG transactions
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| No transactions in the last 6 months. | ||
Pink Sheets: More Recent Financial News About Axis Technologies Group, Inc.
Axis Technologies, Inc. Distributor, Energy Innovation Group, Provides Update on Ballast Demand
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AXIS TECHNOLOGIES GROUP INC Files SEC form 10-Q, Quarterly Report
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Axis Technologies, Inc. Distributor, Energy Innovation Group, Provides Update on Ballast Demand
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AXIS TECHNOLOGIES GROUP INC Files SEC form 10-Q, Quarterly Report
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Amcor Electric Proposing Axis Technologies' Daylight Harvesting Ballasts in Retrofit and Initial Construction Bid Proposals
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Energy Efficiency Consultant and Implementer, American Carrera Tech, Seeing Increase in Energy Audit Request for Proposals (RFP) With Axis Ballasts
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Axis Technologies, Inc. Announces Appointment of Byron Hogue and William Bethell to Advisory Board
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Axis Technologies, Inc. Receives Underwriters Laboratories Approval for New Design 2-Lamp Ballasts
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