Hot Movers: BlackBerry Ltd (NASDAQ:BBRY), SYNNEX Corporation (NYSE:SNX), LRAD Corp (NASDAQ:LRAD), Materion (NYSE:MTRN)

The troubles at BlackBerry Ltd (NASDAQ:BBRY) which fired more than half its staff and lost more than 90 percent of its market value as consumers shunned its smart phones, might have spelled disaster for the company’s hometown of Waterloo, Ontario. Instead, there are hot sports cars in the streets and new companies filling the refurbished office buildings. BlackBerry Ltd (NASDAQ:BBRY) shares after opening at $7.18 moved to $7.27 on last trade day and at the end of the day closed at $7.15. Company price to sales ratio in past twelve months was calculated as 0.30 and price to cash ratio as 1.37. BlackBerry Ltd (NASDAQ:BBRY) showed a negative weekly performance of -6.78%.

SYNNEX Corporation (NYSE:SNX) now offers Google Play for Education on certain Android tablets. SYNNEX Corporation (NYSE:SNX) shares advanced 0.40% in last trading session and ended the day on $69.87. SNX return on equity ratio is recorded as 11.10% and its return on assets is 4.80%. SYNNEX Corporation (NYSE:SNX) yearly performance is 113.02%.

LRAD Corporation (NASDAQ:LRAD), the world’s leading provider of long range acoustic hailing devices (AHDs), on 17 April announced the receipt of a $760,000 order for LRAD® 500X and 1000Xi systems and accessories for a new customer in Northern Africa. The units will be used for internal security and police operations. The order is scheduled to ship by June 30, 2014. LRAD Corp (NASDAQ:LRAD) shares moved up 2.09% in last trading session and was closed at $1.95, while trading in range of $1.90 – $1.99. LRAD Corp (NASDAQ:LRAD) year to date (YTD) performance is 3.72%.

Materion Brush Beryllium & Composites, a Materion Corp. (NYSE:MTRN) business, has qualified and entered into a strategic manufacturing and marketing partnership with Aristo Cast Inc. of Almont, Mich., for its proprietary AlBeCast aluminum-beryllium investment castings product line. Materion Corp (NYSE:MTRN) weekly performance is 5.51%. On last trading day company shares ended up $36.03. Materion Corp (NYSE:MTRN) distance from 50-day simple moving average (SMA50) is 15.03%. Analysts mean target price for the company is $36.00.