Sungy Mobile Ltd (NASDAQ:GOMO) a leading provider of mobile internet products and services globally with a focus on applications and mobile platform development, announced that it has entered into an agreement with Mr. Teddy Hoon-Tack Jung, the Chairman of iHQ Inc. (“iHQ”), a leading entertainment company in Korea, to form a joint venture company, GO Launcher Korea Co, Ltd. (“GO Launcher Korea”). Sungy Mobile Ltd (NASDAQ:GOMO) net profit margin is 12.90% and weekly performance is -20.86%. On last trading day company shares ended up $13.73. Analysts mean target price for the company is $30.67. Sungy Mobile Ltd (NASDAQ:GOMO) distance from 50-day simple moving average (SMA50) is -39.29%.
The Rubicon Project, Inc. (NYSE:RUBI) a leader in advertising automation with one of the industry’s largest independent real-time trading platforms for the buying and selling of advertising, will announce its financial results for the first quarter ended March 31, 2014 on Tuesday, May 13, 2014 at 2PM Pacific Time. The Rubicon Project Inc (NYSE:RUBI) shares fell -7.48% in last trading session and ended the day on $11.99. The Rubicon Project Inc (NYSE:RUBI) return on assets is -0.30%.
Zacks assumed coverage on shares of Five9 Inc (NASDAQ:FIVN) in a report issued on Wednesday, American Banking News.com reports. The firm set a “hold” rating on the stock. Five9 Inc (NASDAQ:FIVN) shares moved down -6.71% in last trading session and was closed at $5.56, while trading in range of $5.12 – $5.97. Five9 Inc (NASDAQ:FIVN) year to date (YTD) performance is -27.23%.
On May 9, ChyronHego Corporation (NASDAQ:CHYR), a global leader in broadcast graphics creation, playout, and real-time data visualization with a wide variety of products and services for live television, news and sports production, today announced its financial results for the first quarter ended March 31, 2014. Revenues for the first quarter of 2014 increased 57% to $12.6 million as compared to $8.0 million in the first quarter of 2013. This $4.6 million increase was driven primarily from contribution of services from the 2013 merger with Hego. Chyronhego Corp (NASDAQ:CHYR) ended the last trading day at $2.06. Company weekly volatility is calculated as 6.26% and price to cash ratio as 12.15. Chyronhego Corp (NASDAQ:CHYR) showed a negative weekly performance of -17.93%.
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