Intel Corporation on Tuesday addressed rumors circulating in recent days about the company’s future in Costa Rica, saying in a press release they will close their microchip assembly and testing operations in the country over the next six months. A total of 1,500 employees will lose their jobs. Intel Corporation (NASDAQ:INTC), shares after opening at $26.36 moved to $26.98 on last trade day and at the end of the day closed at $26.91. Company price to sales ratio in past twelve months was calculated as 2.54 and price to cash ratio as 6.66. Intel Corporation (NASDAQ:INTC), showed a positive weekly performance of 3.54%.
Stock analysts at SunTrust hoisted their price objective on shares ofAbraxas Petroleum Corp. (NASDAQ:AXAS) from $3.50 to $4.00 in a report issued on Thursday, AnalystRatings.NET reports. The firm currently has a “neutral” rating on the stock. SunTrust’s price target points to a potential upside of 2.83% from the stock’s previous close. Abraxas Petroleum Corp. (NASDAQ:AXAS), shares advanced 3.71% in last trading session and ended the day on $4.19. Abraxas Petroleum Corp. (NASDAQ:AXAS), return on equity ratio is recorded as 61.90% and its return on assets is 15.50%. Abraxas Petroleum Corp. (NASDAQ:AXAS), yearly performance is 83.77%.
A. Schulman Inc (NASDAQ:SHLM)’s fiscal second-quarter earnings fell 42%, though adjusted results topped market expectations as the company said its European segment is showing signs of improvement. The company again lifted its earnings view for the fiscal year, pushing shares up 6.4% to $38.66. A. Schulman Inc (NASDAQ:SHLM), shares moved up 0.36% in last trading session and was closed at $36.45, while trading in range of $ 35.87 – 38.20. A. Schulman Inc (NASDAQ:SHLM), year to date (YTD) performance is 3.96%.
TFS Financial Corp ( TFSL ) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the volatile price range of $12.07-$12.47 in the past one-month time frame. TFS Financial Corporation (NASDAQ:TFSL), weekly performance is 4.35%. On last trading day company shares ended up $12.96. TFS Financial Corporation (NASDAQ:TFSL), distance from 50-day simple moving average (SMA50) is 8.38%. Analysts mean target Price for the company is $13.75.
Leave a Reply