Advanced Micro Devices, Inc. (NYSE:AMD) has fallen for the last three quarters, and it’s now the fourth round. AMD has consistently beaten their own projections as well as analysts’ expectations in the last year. Advanced Micro Devices, Inc. (NYSE:AMD) shares after opening at $3.82 moved to $3.85 on last trade day and at the end of the day closed at $3.65. Company price to sales ratio in past twelve months was calculated as 0.52 and price to cash ratio as 2.53. Advanced Micro Devices, Inc. (NYSE:AMD) showed a negative weekly performance of -8.98%.
Belus Capital upgraded shares of J.C. Penney Company (NYSE:JCP) from a sell rating to a hold rating in a report issued on Thursday, Stock Ratings News reports. They currently have $9.00 target price on the stock. J.C. Penney Company, Inc. (NYSE:JCP) shares fell -9.62% in last trading session and ended the day on $7.70. JCP return on equity ratio is recorded as -50.80% and its return on assets is -12.10%. .C. Penney Company, Inc. (NYSE:JCP) yearly performance is -47.33%.
Sprint (NYSE:S) launched its new WeGo phone designed for kids age 5-12. The phone allows parents to track and contact their children, and allows children to place calls or send text messages to a pre-defined list of numbers. Sprint is selling the phone for $120 with monthly service of $9.99 for 1,000 voice minutes and 1,000 text messages per month. Sprint Corporation (NYSE:S) shares moved down -6.25% in last trading session and was closed at $8.25 while trading in range of $8.15 – $8.77 – Sprint Corporation (NYSE:S) year to date (YTD) performance is -23.26%.
MannKind Corporation (NASDAQ:MNKD) announced that the U.S. Food and Drug Administration (FDA) has extended the Prescription Drug User Fee Act (PDUFA) date for AFREZZA(R) by three months to July 15, 2014 in order to provide time for a full review of information submitted by MannKind in response to the FDA’s requests. MannKind Corporation (NASDAQ:MNKD) weekly performance is -6.70%. On last trading day company shares ended up $6.41. MannKind Corporation (NASDAQ:MNKD) distance from 50-day simple moving average (SMA50) is 10.62%. Analysts mean target price for the company is $7.14.
Leave a Reply