Hot Stocks: MeetMe (NYSEMKT:MEET), Renren (NYSE:RENN), SunPower (NASDAQ:SPWR), SINA Corp (NASDAQ:SINA)

Posted by on Apr 10, 2014

MeetMe, Inc. (NYSE:MEET) is the subject of a new analyst research report. The company operates in the $2.1 billion dating service market. MeetMe Inc. (NYSEMKT:MEET) shares after opening at $3.20 moved to $3.34 on last trade day and at the end of the day closed at $3.32. Company price to sales ratio in past twelve months was calculated as 3.16 and price to cash ratio as 20.27. MeetMe Inc. (NYSEMKT:MEET) showed a negative weekly performance of -2.64%.

Joseph Chen, CEO of Renren Inc. (NYSE:RENN), the operator of a Facebook-like social networking site in China, says he is not influenced by the performance of the company’s share price, which has plunged nearly 80 percent over the past three years. Renren Inc. (NYSE:RENN) shares advanced 0.90% in last trading session and ended the day on $3.37. RENN return on equity ratio is recorded as -5.20% and its return on assets is -4.70%. Renren Inc. (NYSE:RENN) yearly performance is 18.25%.

SunPower Corporation (NASDAQ:SPWR) installed 149 kilowatt solar power system on the rooftop of stores and warehouses of Watershed Premium Wines (Watershed) In Australia. SunPower Corporation (NASDAQ:SPWR) shares moved up 3.44% in last trading session and was closed at $30.34, while trading in range of $29.45 – $30.44. SunPower Corporation (NASDAQ:SPWR) year to date (YTD) performance is 1.78%.

Mizuho downgraded SINA (NASDAQ:SINA) to reflect the slowdown of the Alibaba contribution and overhang from Weibo’s revenue growth outlook. The firm lowered its valuation for Weibo to reflect lack of catalysts, resulting in the SINA downgrade. SINA Corp (NASDAQ:SINA) weekly performance is -7.94%. On last trading day company shares ended up $56.85. SINA Corp (NASDAQ:SINA) distance from 50-day simple moving average (SMA50) is -14.46%. Analysts mean target price for the company is $91.33.

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