EMC Corporation (NYSE:EMC) was the recipient of some unusual options trading activity on Tuesday. Stock traders purchased 33,791 call options on the stock, American Banking News reports. This is an increase of approximately 309% compared to the average daily volume of 8,254 call options. EMC Corporation (NYSE:EMC) shares after opening at $26.89 moved to $26.82 on last trade day and at the end of the day closed at $26.76. Company price to sales ratio in past twelve months was calculated as 2.34 and price to cash ratio as 5.09. EMC Corporation (NYSE:EMC) showed a positive weekly performance of 0.04%.
Brocade (NASDAQ: BRCD) announced the appointment of Gabriel Breeman to the newly created position of OEM director for Asia Pacific (APAC). In this role, Breeman will drive OEM strategies, strategic partnerships and alliance initiatives for the region to help position Brocade as the data center networking partner of choice in the OEM partner business segment. Breeman will be based in Singapore and report directly to Brocade vice president for Asia Pacific (APAC), Adam Judd. Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares advanced 1.04% in last trading session and ended the day on $9.72. BRCD return on equity ratio is recorded as 13.40% and its return on assets is 8.07. Brocade Communications Systems, Inc. (NASDAQ:BRCD) yearly performance is 72.95%.
NetApp (NASDAQ:NTAP)‘s stock had its “hold” rating reiterated by stock analysts at Jefferies Group in a report issued on Monday, Analyst Ratings Net reports. They currently have a $36.00 target price on the stock, down from their previous target price of $43.00. Jefferies Group’s price target suggests a potential downside of 0.12% from the stock’s previous close. Net App Inc. (NASDAQ:NTAP) shares moved up 0.29% in last trading session and was closed at $36.04, while trading in range of $ 35.91 – 36.28. Net App Inc. (NASDAQ:NTAP) year to date (YTD) performance is -11.69%.
SanDisk Corporation (NASDAQ:SNDK) being a major supplier of Apple Inc and other major device builders and having good technological achievement seems to have an advantage of performing better than its competitors in the long term. The prices of the SanDisk Corporation shares have already been driven up gaining high expectations of the investors. SanDisk Corporation (NASDAQ:SNDK) weekly performance is 13.60%. On last trading day company shares ended up $84.80. SanDisk Corporation (NASDAQ:SNDK) distance from 50-day simple moving average (SMA50) is 10.36%. Analysts mean target price for the company is $86.93.
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