Shares of GT Advanced Technologies Inc (NASDAQ:GTAT), saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 43,013,791 shares, an increase of 8.0% from the April 30th total of 39,815,103 shares, Analyst Ratings Net reports. Based on an average daily volume of 9,680,148 shares, the short-interest ratio is currently 4.4 days. Approximately 31.9% of the company’s shares are short sold. GT Advanced Technologies Inc (NASDAQ:GTAT), net profit margin is -40.00% and weekly performance is -1.19%. On last trading day company shares ended up $15.77. Analysts mean target price for the company is $20.60. GT Advanced Technologies Inc (NASDAQ:GTAT), distance from 50-day simple moving average (SMA50) is -2.25%.
Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL), a developer, owner and operator of casino gaming and entertainment resort facilities in Asia, announced that the development of the Company’s Studio City project is on track for a mid-2015 opening. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL), fell 5.90% in last trading session and ended the day on $33.50. MPEL, Gross Margin is 30.00% and its return on assets is 7.60%. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL), quarterly performance is 23.90%.
Analysts at Goldman Sachs cut their target price on shares of Clovis Oncology Inc (NASDAQ:CLVS), from $85.00 to $50.00 in a research report issued to clients and investors on Wednesday. Goldman Sachs’ price target indicates a potential upside of 30.79% from the company’s current price. Clovis Oncology Inc (NASDAQ:CLVS), shares moved down 19.94% in last trading session and was closed at $38.23, while trading in range of $38.22 – 43.40. Clovis Oncology Inc (NASDAQ:CLVS), year to date (YTD) performance is -36.57%.
MagneGas Corporation (NASDAQ:MNGA)’s stock jumped 2.76% to $1.68. The company announced that it will be a featured presenter at the 3rd Annual Marcum MicroCap Conference on Thursday, May 29, 2014 in New York City at the Grand Hyatt Hotel. The Company’s presentation by Luisa Ingargiola, Chief Financial Officer of MagneGas, began at 11:30 a.m. ET. MagneGas Corporation (NASDAQ:MNGA), ended the last trading day at $1.62. Company weekly volatility is calculated as 20.28% and price to cash ratio as 258.23. MagneGas Corporation (NASDAQ:MNGA), showed a positive weekly performance of 24.62%.
JAKKS Pacific, Inc. (NASDAQ:JAKK), announced the pricing of $100 million principal amount of 4.875% convertible senior notes due 2020 (the “notes”). This is an increase in the offering size of $25 million principal amount of the notes from the previously announced offering size. JAKKS Pacific, Inc. (NASDAQ:JAKK), net profit margin is -6.70% and weekly performance is -9.61%. On last trading day company shares ended up $7.71. Analysts mean target price for the company is $10.00. JAKKS Pacific, Inc. (NASDAQ:JAKK), distance from 50-day simple moving average (SMA50) is -5.94%.
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