Notable Movers: China Sunergy Co (NASDAQ:CSUN), Sky-mobi Ltd (NASDAQ:MOBI), SpartanNash Co (NASDAQ:SPTN), ClubCorp Holdings Inc (NYSE:MYCC), Toshiba Corp (OTCMKTS:TOSYY)

China Sunergy Co Ltd (NASDAQ:CSUN), a specialized solar cell and module manufacturer, announced that it has signed a 50 MW framework agreement with KosiFrankensolar for their Turkish projects. China Sunergy Co Ltd (NASDAQ:CSUN), net profit margin is -13.40% and weekly performance is -20.84%. On last trading day company shares ended up $3.00. Analysts mean target price for the company is $6.50. China Sunergy Co Ltd (NASDAQ:CSUN), distance from 50-day simple moving average (SMA50) is -21.59%.

On May 27, 2014, Sky-mobi Ltd (ADR) (NASDAQ:MOBI), a leading mobile application platform in China, announced its unaudited financial results for the fiscal fourth quarter ended March 31, 2014 (“fourth quarter 2014”) and the full fiscal year 2014. Total revenues were RMB128.6 million (US$20.7 million), an increase of 11.6% from RMB115.2 million in the fiscal third quarter ended December 31, 2013 (“third quarter 2014”). Net profit was RMB4.6 million (US$0.7 million), compared to a net profit of RMB4.8 million in third quarter 2014. Sky-mobi Ltd (ADR) (NASDAQ:MOBI), fell 6.81% in last trading session and ended the day on $6.57. MOBI, Gross Margin is 31.40% and its return on assets is 3.90%. Sky-mobi Ltd (ADR) (NASDAQ:MOBI), quarterly performance is -11.34%.

On May 28, 2014, Reed’s, Inc. (NYSE MKT: REED), maker of the top-selling sodas in natural food stores nationwide, announced that SpartanNash Co (NASDAQ:SPTN), has agreed to begin carrying three flavors of Reed’s and four flavors of Virgil’s craft sodas in over 100 of their supermarkets throughout the Midwest. Consumers will now be able to find Reed’s and Virgil’s in the carbonated soft drink set of select SpartanNash banners including: Glens Markets, D&W Fresh Markets, VG’s Food & Pharmacy and Family Fare Supermarkets. SpartanNash Co (NASDAQ:SPTN), shares moved down 1.42% in last trading session and was closed at $22.15, while trading in range of $21.90 – 22.51. SpartanNash Co (NASDAQ:SPTN), year to date (YTD) performance is -8.28%.

ClubCorp Holdings Inc (NYSE:MYCC), has earned a consensus recommendation of “Buy” from the eight ratings firms that are covering the stock, AnalystRatings.Net reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $21.80. ClubCorp Holdings Inc (NYSE:MYCC), ended the last trading day at $18.38. Company weekly volatility is calculated as 3.59% and price to cash ratio as 19.70. ClubCorp Holdings Inc (NYSE:MYCC), showed a negative weekly performance of 2.40%.

Toshiba Corp (USA) (OTCMKTS:TOSYY), has filed a lawsuit in the Intellectual Property Court in Taiwan against Powerchip Technology Corp. and three other firms for infringing on the patent of its NAND flash memory, used in smartphones and tablet devices. Toshiba Corp (USA) (OTCMKTS:TOSYY), on last trading day company shares ended up $24.83.

Comments

Leave a Reply

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