On Mar 18,2014 QuickLogic Corporation (NASDAQ:QUIK), the innovator in low-power Customer Specific Standard Products (CSSPs) announced the immediate availability of its new Always-on Context Aware Sensor Hub catalog CSSP, which gives OEMs an out-of-the-box solution for the Android 4.4 (KitKat) operating system. This CSSP features Sensor Platform Inc.’s FreeMotion(TM) library — a complete sensor fusion and context awareness solution optimized for smartphones, tablets, and wearable devices.QuickLogic Corporation (NASDAQ:QUIK) shares after opening at $5.53 moved to $5.67 on last trade day and at the end of the day closed at $5.38. Company price to sales ratio in past twelve months was calculated as 11.31 and price to cash ratio as 7.89. QuickLogic Corporation (NASDAQ:QUIK) showed a positive weekly performance of 9.80%.
Magellan Petroleum Corporation (NASDAQ: MPET) announced that on March 31, 2014 (the “Completion Date”), the Company completed the transaction contemplated by the Share Sale and Purchase Deed (the “Sale Deed”) entered into with Central Petroleum Limited (“Central”) (ASX: CTP), a Brisbane, Australia based junior exploration and production company that operates one of the largest holdings of prospective onshore acreage in Australia. The Company and Central had previously entered into the Sale Deed on February 17, 2014 (the “Execution Date”).Magellan Petroleum Corporation (NASDAQ:MPET) shares advanced 10.42% in last trading session and ended the day on $1.59. MPET return on equity ratio is recorded as -43.40% and its return on assets is -22.70%. Magellan Petroleum Corporation (NASDAQ:MPET) yearly performance is 45.87%.
Zacks upgraded shares of Vertex Energy (NASDAQ:VTNR) from a neutral rating to an outperform rating in a research note released on Wednesday morning, Stock Ratings Network reports. They currently have $7.10 target price on the stock.Vertex Energy Inc (NASDAQ:VTNR) shares moved down -5.43% in last trading session and was closed at $6.79, while trading in range of $6.70-$7.68. Vertex Energy Inc (NASDAQ:VTNR) year to date performance is 15.08%.
Sotherly Hotels Inc (NASDAQ:SOHO) announced that the Company has amended the original $30.0 million mortgage secured by its Hilton Philadelphia Airport hotel (the “Hotel”) with its existing lender, TD Bank, N.A. With the amendment, the loan’s principal amount is increased to approximately $34.1 million and its maturity is extended until April 1, 2019. The mortgage’s interest rate will remain equal to the 30-day LIBOR rate plus 3.0%, with a 50 basis point floor on LIBOR.Sotherly Hotels Inc (NASDAQ:SOHO) weekly performance is 4.58%. On last trading day company shares ended up $6.62.Sotherly Hotels Inc (NASDAQ:SOHO) distance from 50-day simple moving average is 8.46%. Analysts mean target price for the company is $5.75.
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