Shining Stocks: China Unicom (NYSE:CHU), Evoke Pharma Inc (NASDAQ:EVOK), Synaptics (NASDAQ:SYNA), Edgewater Technology Inc. (NASDAQ:EDGW)

Posted by on Apr 23, 2014

China Unicom Hong Kong Limited (ADR) (NYSE:CHU) China’s second largest mobile operator, announced results for first-quarter 2014 with adjusted net income of RMB 3.302 billion ($539.5 million) that surged 73.8% year over year on strong revenue growth and higher adoption of the 3G plan. Earnings per share soared 75% year over year to RMB 0.14 (2 cents). China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) shares after opening at $13.52 moved to $13.57 on last trade day and at the end of the day closed at $13.47 . Company price to sales ratio in past twelve months was calculated as 0.66 and price to cash ratio as 9.02. China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) showed a negative weekly performance of -0.59%.

Evoke Pharma, Inc. (Nasdaq:EVOK), a specialty pharmaceutical company focused on treatments for gastrointestinal (GI) diseases, today announced the initiation of its Phase 3 clinical trial investigating the use of EVK-001, a novel metoclopramide nasal spray for the relief of symptoms associated with acute and recurrent diabetic gastroparesis in women. Evoke Pharma Inc (NASDAQ:EVOK) shares advanced 18.19% in last trading session and ended the day on $9.29. Evoke Pharma Inc (NASDAQ:EVOK) return on equity ratio is recorded as 45.10% and its return on assets is -35.30%.

Sterne Agee began coverage on shares of Synaptics, Incorporated (NASDAQ:SYNA) in a research note issued to investors on Monday, TheFlyOnTheWall.com reports. The firm issued a buy rating and a $77.00 price target on the stock. Synaptics, Incorporated (NASDAQ:SYNA) shares moved up 0.64% in last trading session and was closed at $66.05 while trading in range of $65.83 – $67.39 – Synaptics, Incorporated (NASDAQ:SYNA) year to date (YTD) performance is 27.49%.

Edgewater Technology-Ranzal, Inc., a wholly-owned subsidiary of Edgewater Technology, Inc. (NASDAQ:EDGW) and Platinum level member of the Oracle PartnerNetwork (OPN), has been recognized by The Commonwealth Institute and Moore Research as the fifth largest woman-led business in Florida. Edgewater Technology Inc. (NASDAQ:EDGW) weekly performance is 1.35%. On last trading day company shares ended up $7.52. Edgewater Technology Inc. (NASDAQ:EDGW) distance from 50-day simple moving average (SMA50) is 9.62%. Analysts mean target price for the company is $7.80.

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