Shares of Activision Blizzard Inc (NASDAQ:ATVI) saw unusually large options trading activity on Wednesday. Traders acquired 9,420 put options on the company,Analyst Ratings Network reports. This represents an increase of approximately 259% compared to the average volume of 2,623 put options. Activision Blizzard, Inc. (NASDAQ:ATVI) shares after opening at $20.17 moved to $21.06 on last trade day and at the end of the day closed at $21.01 . Company price to sales ratio in past twelve months was calculated as 3.28 and price to cash ratio as 3.38. Activision Blizzard, Inc. (NASDAQ:ATVI) showed a positive weekly performance of 5.00%.
Stock analysts at Nomura decreased their price target on shares of Qihoo 360 Technology Co Ltd (NASDAQ:QIHU) from $146.00 to $125.00 in a report issued on Monday, Stock Ratings Newsreports. Nomura’s target price would suggest a potential upside of 49.65% from the stock’s previous close. Qihoo 360 Technology Co Ltd (NYSE:QIHU) shares fell -6.50% in last trading session and ended the day on $78.10. QIHU return on equity ratio is recorded as 16.40% and its return on assets is 9.20%. Qihoo 360 Technology Co Ltd (NYSE:QIHU) yearly performance is 111.88%.
Perrigo Company plc (NYSE:PRGO) announced results for its three months ended March 29, 2014. Perrigo’s Chairman, President and CEO Joseph C. Papa commented, “This was both a very active as well as challenging quarter. We launched over 35 new products, rapidly executed our integration plan for Elan to accelerate long-term savings, including the transfer of ELND005, and acquired a number of over-the-counter (“OTC”) products in Australia and New Zealand. Perrigo Company (NYSE:PRGO) shares moved down -8.70% in last trading session and was closed at $130.55 while trading in range of $129.18 – $135.49 – Perrigo Company (NYSE:PRGO) year to date (YTD) performance is -14.87%.
Cimarex Energy Co. (NYSE:XEC) announced that it has signed a purchase and sale agreement to acquire oil and gas assets primarily in the Cana-Woodford shale play in Western Oklahoma for $497.4 million in cash. Simultaneously, Cimarex entered into an agreement with Devon Energy (DVN) to sell at closing a 50 percent interest in these assets for $248.7 million. The acquisition is expected to close on or before June 30, 2014, and is subject to customary conditions and purchase price adjustments.Cimarex Energy Co (NYSE:XEC) weekly performance is 10.24%. On last trading day company shares ended up $131.32. Cimarex Energy Co (NYSE:XEC) distance from 50-day simple moving average (SMA50) is 12.85%. Analysts mean target price for the company is $130.21.
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