Services Sector unusual volume: Hill International Inc (NYSE:HIL), Gray Television (NYSE:GTN), ATA (NASDAQ:ATAI), PDI, Inc. (NASDAQ:PDII)

Posted by on Apr 10, 2014

Hill International Inc (NYSE:HIL) whose shares rose to touch a new 52-week high, but settled down with 0.70 percent hole in the last session had very little to show for its recent standing ovation. The company was recently identified by Philadelphia Inquirer as among the top best workplaces in the region. The company was ranked at position 13 overall among employers with workforce in the range of 150 – 500. The Top Workplace 2014 recognition elevates the reputation of HIL as a global leader in matters construction management. According to the company’s CEO David L. Richter, they are thrilled that the professionals they hire in Philadelphia consider the company a great working place. Hill International Inc (NYSE:HIL), operating 100 offices around the world with more than 4,100 professional employees, is engaged in providing project management, construction claims and an array of consulting services to companies in the energy, environmental, building and transportation industries.Hill International Inc (NYSE:HIL) shares after opening at $5.91 moved to $6.17 on last trade day and at the end of the day closed at $6.12. Company price to sales ratio in past twelve months was calculated as 0.43 and price to cash ratio as 8.08. Hill International Inc (NYSE:HIL) showed a positive weekly performance of 8.32%.

Gray Television, Inc. (NYSE:GTN) provides television broadcast services. The company owns and operates about 85 primary and secondary channels in 30 markets. The company’s shares are expected to gain more than 28 percent in the next 12 months, according to analysts at Wells Fargo (NYSE:WFC). The analyst upgraded their price target on the stock to $12 from $10 in the previous note. The performance of the company is also expected to improve over the next 12 months. Wells Fargo analysts upgraded their rating on the stock to “outperform” from “market-perform.Gray Television, Inc. (NYSE:GTN) shares advanced 14.52% in last trading session and ended the day on $11.36. GTN return on equity ratio is recorded as 7.00% and its return on assets is 0.80%. Gray Television, Inc. (NYSE:GTN) yearly performance is 132.79%.

ATA Inc.(ADR) (NASDAQ:ATAI), a leading provider of advanced testing technologies and testing-related services in China, announced on Feb 24, 2014 preliminary unaudited financial results for its fiscal third quarter ended December 31, 2013 (“Third Quarter 2014”).Third Quarter 2014 Financial and Operating Highlights (percentage changes and comparisons are year over year). Net revenues of RMB188.9 million (US$31.2 million), up 5.3% ,Gross profit of RMB92.5 million (US$15.3 million), up 16.1% ,Income from operations of RMB39.3 million (US$6.5 million), compared to RMB39.6 million, which includes a royalty fee write-off of RMB12.4 million resulting from the termination of the exclusive distributor contract between Educational Testing Service (“ETS”) and ATA for the Test of English for International Communication (“TOEIC”) and its related products.ATA Inc.(ADR) (NASDAQ:ATAI) shares moved up 0.02% in last trading session and was closed at $4.09, while trading in range of $3.99-$4.32. ATA Inc.(ADR) (NASDAQ:ATAI) year to date performance is 2.02%.

Zacks Investment Research downgraded PDI Inc. (NASDAQ:PDII) to a Zacks Rank #5 (Strong Sell). Share price dropped almost 5% year to date.PDI, Inc. (NASDAQ:PDII) weekly performance is -3.72%. On last trading day company shares ended up $4.40. PDI, Inc. (NASDAQ:PDII) distance from 50-day simple moving average is -10.86%. Analysts mean target price for the company is $9.00.

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