Micro-cap new lows: NII Holdings (NASDAQ:NIHD), Ikanos Communications, Inc. (NASDAQ:IKAN), American Superconductor Corporation (NASDAQ:AMSC), Corinthian Colleges Inc (NASDAQ:COCO)

Citigroup Inc. reissued their sell rating on shares of NII Holdings (NASDAQ:NIHD) in a research report sent to investors on Tuesday morning, Analyst Ratings News reports. The firm currently has a $0.70 price target on the stock. NII Holdings Inc (NASDAQ:NIHD) shares after opening at $0.88 moved to $0.89 on last trade day and at the end of the day closed at $0.860. Company price to sales ratio in past twelve months was calculated as 0.03 and price to cash ratio as 0.06. NII Holdings Inc (NASDAQ:NIHD) showed a negative weekly performance of -12.26%.

Ikanos Communications, Inc. (NASDAQ: IKAN), a leading provider of advanced broadband semiconductor and software products for the digital home, announced its financial results for the first quarter of 2014, ended March 30, 2014. Ikanos Communications, Inc. (NASDAQ:IKAN) shares fell -29.54% in last trading session and ended the day on $0.595. IKAN return on equity ratio is recorded as -67.90% and its return on assets is -41.20%. Ikanos Communications, Inc. (NASDAQ:IKAN) yearly performance is -63.50%.

AMSC Superconductor Corporation (NASDAQ:AMSC) announced a series of strategic operational initiatives designed to better capitalize on emerging opportunities in the wind and grid businesses. These measures include consolidation of the Company’s U.S. grid manufacturing and product development program and diversification of its international wind power manufacturing operations. American Superconductor Corporation (NASDAQ:AMSC) shares moved down -2.29% in last trading session and was closed at $1.28 while trading in range of $1.28 – $1.33 – American Superconductor Corporation (NASDAQ:AMSC) year to date (YTD) performance is -21.95%.

Corinthian Colleges Inc (NASDAQ:COCO) will report financial results for the third quarter ended March 31, 2014, on May 6 prior to market open. The company will host a conference call at 12:00 p.m. ET (9:00 a.m. PT) on Tuesday, May 6 to review its performance and outlook. Corinthian Colleges Inc (NASDAQ:COCO) weekly performance is -10.16%. On last trading day company shares ended up $1.15. Corinthian Colleges Inc (NASDAQ:COCO) distance from 50-day simple moving average (SMA50) is -17.74%. Analysts mean target price for the company is $1.52.

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