Mid Cap New Lows: Covanta Holding (NYSE:CVA), Mindray Medical International (NYSE:MR), Veeva Systems (NYSE:VEEV), Triumph Group (NYSE:TGI)

Analysts at Ned Davis Research upgraded shares of Covanta Holding Corp. from a “sell” rating to a “neutral” rating in a research note on Monday, March 3rd. Seven analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Covanta Holding Corp. has an average rating of “Hold” and a consensus price target of $21.33. Covanta Holding Corp (NYSE:CVA) shares after opening at $16.88 moved to $16.94 on last trade day and at the end of the day closed at $16.48. Company price to sales ratio in past twelve months was calculated as 1.30 and price to cash ratio as 10.74. Covanta Holding Corp (NYSE:CVA) showed a negative weekly performance of -4.79%.

Chinese medical devices maker, Mindray Medical International Ltd (ADR) (NYSE:MR) posted an 18.4% rise in adjusted earnings per share to 58 cents for the 2013-fourth quarter from 49 cents a year ago, and topped the Zacks Consensus Estimate by 8 cents per share. Mindray Medical International Ltd (ADR) (NYSE:MR) shares fell -3.14% in last trading session and ended the day on $30.41. MR return on equity ratio is recorded as 15.70% and its return on assets is 10.40%. Mindray Medical International Ltd (ADR) (NYSE:MR) yearly performance is -20.85%.

Veeva Systems Inc (NYSE:VEEV) , a leading provider of industry cloud solutions for the life sciences industry, announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed public offering of shares of its Class A common stock. A portion of the shares to be sold in the offering will be sold by Veeva Systems, and a portion of the shares will be sold by existing stockholders of the company. Veeva Systems will not receive any proceeds from the shares sold by existing stockholders. The number of shares to be sold and the allocation of the shares between Veeva Systems and existing stockholders have not yet been determined. Veeva Systems Inc (NYSE:VEEV) shares moved down -9.03% in last trading session and was closed at $27.39, while trading in range of $27.00 – 30.17 . Veeva Systems Inc (NYSE:VEEV) year to date (YTD) performance is -14.67%.

Shares of Triumph Group (NYSE:TGI) have earned a consensus recommendation of “Hold” from the sixteen brokerages that are presently covering the stock, Analyst Ratings Net reports. Triumph Group Inc (NYSE:TGI) weekly performance is -2.18%. On last trading day company shares ended up $62.30. Triumph Group Inc (NYSE:TGI) distance from 50-day simple moving average (SMA50) is -8.86%. Analysts mean target price for the company is $78.64.