Large Cap Gainers: Micron Technology (NASDAQ:MU), VimpelCom (NASDAQ:VIP), Mobile TeleSystems (NYSE:MBT), National Bank of Greece (ADR) (NYSE:NBG)

Posted by on Apr 20, 2014

Micron Technology (NYSE:MU) was upgraded by equities researchers at EVA Dimensions from a “hold” rating to an “overweight” rating in a research report issued on Tuesday, AR Network reports. Micron Technology, Inc. (NASDAQ:MU) shares after opening at $23.11 moved to $24.14 on last trade day and at the end of the day closed at $23.91. Company price to sales ratio in past twelve months was calculated as 1.92 and price to cash ratio as 5.68. Micron Technology, Inc. (NASDAQ:MU) showed a positive weekly performance of 10.29%.

VimpelCom Ltd (ADR) (NASDAQ:VIP) and Global Telecom Holding S.A.E. (“GTH”) (EGX: GTHE, LSE: GLTD) announced the signing of a share purchase agreement (the “Share Purchase Agreement”) for the sale by GTH of a 51% interest in Orascom Telecom Algérie SpA (“OTA” or “Djezzy”) to the Fonds National d’Investissement (the “FNI”), the Algerian National Investment Fund, for a purchase consideration of USD 2.643 billion. VimpelCom Ltd (ADR) (NASDAQ:VIP) shares advanced 8.56% in last trading session and ended the day on $9.00. VIP return on equity ratio is recorded as 14.30% and its return on assets is 3.80%. VimpelCom Ltd (ADR) (NASDAQ:VIP) yearly performance is -16.90%.

Standpoint Research upgraded shares of Mobile TeleSystems OJSC (NYSE:MBT) from a hold rating to a buy rating in a research note released on Wednesday morning, TheFlyOnTheWall.com reports. They currently have $20.00 target price on the stock.Mobile TeleSystems OJSC (ADR) (NYSE:MBT) shares moved up 8.57% in last trading session and was closed at $17.10, while trading in range of $15.72-$17.16. Mobile TeleSystems OJSC (ADR) (NYSE:MBT) year to date performance is -20.94%.

National Bank of Greece (ADR) (NYSE:NBG) second-largest bank plans to return to capital markets next week in the wake of a successful bond issue and two capital-raisings by rival Athens lenders. National Bank of Greece (ADR) (NYSE:NBG) weekly performance is -17.19%. On last trading day company shares ended up $4.48. National Bank of Greece (ADR) (NYSE:NBG) distance from 50-day simple moving average is -12.28%. Analysts mean target price for the company is $5.71.

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