Worst Year to Date Performers of Technology Sector with Market Volume Over 2 Million – GRPN, NIHD, ZNGA, OCZ, GTAT

The Year-to-date (YTD) is a period, beginning from the start of the present year, and continuing up to the present day.

The year usually begins on January 1, but depending on purpose, can begin also on July 1, April 1 and April 6.

YTD is used in numerous contexts, mostly for booking results of an activity in the time between a date and the start of either fiscal year.

YTD is often used to measure a company’s income up to the present date and may be evaluated against the similar period of the previous year to compare a company’s financial health. In this article we will discuss worst stock performers of technology sectors with average market volume of over 2 million. Earlier we discussed quick roundup of high dividend yield paying healthcare stocks.

Groupon Inc (NASDAQ:GRPN) is the worst YTD performer among technology stocks with market volume over 2 million. YTD performance value was -81.29%. The online retail services provider has the market capitalization of 2.53 billion while its P/B ratio was 3.16. Institutional ownership of the retailers was 53%. Company’s net profit margin was -1.40% while its gross profit margin was 75.66%.

Second worst Year-to-date performer among technology sector with market volume over 2 million is NII Holdings, Inc (NASDAQ:NIHD). The YTD performance was booked as -76.29% while its market capitalization was 866.85 million. The institutional ownership of the company was 126% while its current ratio was 2.18%. Return on equity was -5.50% while return on assets was booked as -1.81%.

Zynga Inc (NASDAQ:ZNGA) has market capitalization of 1.82 billion. Company’s current ratio was 2.68 while its shares were moving ahead of SMA 20 with 1.84. The company offered earning per share of -0.84 while its 783.98 million shares were outstanding. YTD performance of the shares was -75.35%. The company earned $-595.89 million in previous 12 months on $1.28 billion of sales.

Another company from the same group is OCZ Technology Group Inc (NASDAQ:OCZ), which has the market capitalization of 148.79 million. The company EPS was -0.24 while its 67.65 million shares were outstanding. Its institutional ownership was 51%. Shares of the company were moving ahead of SMA 20 with 60.71% while its YTD performance was -66.73%.

GT Advanced Technologies Inc (NASDAQ:GTAT) has market capitalization of 361.79 million while its P/S ratio was 0.46. Net profit margin of GTAT was 14.22% while its gross profit margin was 39.98%. Shares of the company were lagging behind SMA 50 with -31.03% and SMA 20 with -12.05% while YTD performance was -58.01%.

These five companies were the worst performers among technology sector with market volume over two million.

Disclosure: The views and opinions expressed in this article are exclusively those of the authors who have no stake in any stocks mentioned, and hold no plan to acquire any stake within the next 5 days.