4 Stocks Touched New Highs: Avis Budget Group (NASDAQ:CAR), Diamondback Energy (NASDAQ:FANG), BioFuel Energy (NASDAQ:BIOF), Schmitt Industries (NASDAQ:SMIT)

Avis Budget Group, Inc. (Nasdaq:CAR) announced that it has repurchased approximately $135 million of stock under its current stock repurchase program. The program was first announced in August 2013 and authorized an initial maximum amount of $200 million. Avis Budget Group Inc. (NASDAQ:CAR) shares after opening at $52.00 moved to $56.05 on last trade day and at the end of the day closed at $52.53. Company price to sales ratio in past twelve months was calculated as 0.70 and price to cash ratio as 8.05. Avis Budget Group Inc. (NASDAQ:CAR) showed a positive weekly performance of 6.89%.

Research analysts at Wunderlich raised their price target on shares of Diamondback Energy Inc (NASDAQ:FANG) from $75.00 to $85.00 in a report released on Wednesday, AmericanBankingNews.com reports. The firm currently has a “buy” rating on the stock. Diamondback Energy Inc (NASDAQ:FANG) shares advanced 4.04% in last trading session and ended the day on $73.34. FANG return on equity ratio is recorded as 7.90% and its return on assets is 4.90%. Diamondback Energy Inc (NASDAQ:FANG) yearly performance is 176.65%.

BioFuel Energy Corp. (NASDAQ:BIOF) recently received a preliminary non-binding proposal, which suggested the company acquire acquire all of the equity interests in real-estate developer JBGL Capital and JBGL Builder Finance. BioFuel Energy Corp. (NASDAQ:BIOF) shares moved up 27.39% in last trading session and was closed at $7.72 while trading in range of $6.14 – $8.50 – BioFuel Energy Corp. (NASDAQ:BIOF) year to date (YTD) performance is 351.46%.

Each executive officer and director of Schmitt Industries, Inc. (NASDAQ:SMIT) entered into an Indemnification Agreement (the “Indemnification Agreement”). The Indemnification Agreement supplements the indemnification rights provided under the Registrant’s Second Restated Articles of Incorporation, Second Restated Bylaws, and Oregon law. Schmitt Industries, Inc. (NASDAQ:SMIT) weekly performance is 6.07%. On last trading day company shares ended up $2.97. Schmitt Industries, Inc. (NASDAQ:SMIT) distance from 50-day simple moving average (SMA50) is 8.07%.