Microcap New Lows: IMRIS Inc. (NASDAQ:IMRS), Verastem Inc. (NASDAQ:VSTM), Acorn Energy (NASDAQ:ACFN), UniPixel Inc. (NASDAQ:UNXL)

IMRIS Inc. (NASDAQ:IMRS) announced that a University of South Florida neurosurgical team at Tampa General Hospital (TGH) completed initial cases last week using recently installed VISIUS intraoperative MRI – providing the most advanced surgery and operating suite in the Tampa Bay area. The first case was a right parietal high-grade glioma, a type of brain tumour. IMRIS Inc. (NASDAQ:IMRS) shares after opening at $1.44 moved to $1.45 on last trade day and at the end of the day closed at $1.20. Company price to sales ratio in past twelve months was calculated as 1.36. IMRIS Inc. (NASDAQ:IMRS) showed a negative weekly performance of -9.77%.

On April 15, 2014, Verastem, Inc. (NASDAQ:VSTM) entered into a lease agreement with Intercontinental Fund III 117 Kendrick Street, LLC, as landlord, for approximately 15,197 square feet of space at 117 Kendrick Street in Needham, Massachusetts. Verastem Inc. (NASDAQ:VSTM) shares fell -2.42% in last trading session and ended the day on $8.47. VSTM return on equity ratio is recorded as -41.00% and its return on assets is -38.90%. Verastem Inc. (NASDAQ:VSTM) yearly performance is -15.05%.

Acorn Energy, Inc. (NASDAQ:ACFN) on 31 march announced that it has made key promotions at both GridSense and OmniMetrix. Brett Sargent, currently COO, has been promoted and will assume the additional role of President of GridSense. Walter Czarnecki has been named President and COO of OmniMetrix. Acorn Energy Inc. (NASDAQ:ACFN) shares moved down -2.63% in last trading session and was closed at $2.59, while trading in range of $2.44 – $2.69. Acorn Energy Inc. (NASDAQ:ACFN) year to date (YTD) performance is -36.36%.

UniPixel, Inc. (NASDAQ:UNXL) a provider of Performance Engineered Films(TM) to the touch screen, flexible printed electronics and display markets, will hold a conference call on Thursday, May 8, 2014 at 4:30 p.m. UniPixel Inc. (NASDAQ:UNXL) weekly performance is -7.95%. On last trading day company shares ended up $6.72. UniPixel Inc. (NASDAQ:UNXL) distance from 50-day simple moving average (SMA50) is -23.75%. Analysts mean target price for the company is $12.33.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *