Small Cap New Lows: Resolute Energy (NYSE:REN), World Acceptance (NASDAQ:WRLD), Controladora Vuela Co Avcn SA CV (NYSE:VLRS), Advantest (NYSE:ATE)

Posted by on Mar 19, 2014

Resolute Energy Corp. (NYSE:REN)’s share price hit a new 52-week low on Tuesday after Citigroup lowered their price target on the stock from $9.10 to $8.40, AR Network reports. Resolute Energy Corp (NYSE:REN) shares after opening at $7.52 moved to $7.55 on last trade day and at the end of the day closed at $7.37. Company price to sales ratio in past twelve months was calculated as 1.54. Resolute Energy Corp (NYSE:REN) showed a negative weekly performance of -9.24%.

Levi & Korsinsky, LLP is investigating World Acceptance Corp. (Nasdaq:WRLD) in connection with possible claims of breaches of fiduciary duty. On March 13, 2014, World Acceptance Corp. disclosed that it had received a subpoena from the Consumer Financial Protection Bureau as part of an investigation into potential violations of consumer protection laws. Upon this news, shares of World Acceptance Corp. fell nearly 20 percent. World Acceptance Corp. (NASDAQ:WRLD) shares fell -2.20% in last trading session and ended the day on $77.35. WRLD return on equity ratio is recorded as 30.10% and its return on assets is 12.20%. World Acceptance Corp. (NASDAQ:WRLD) yearly performance is -1.40%.

Controladora Vuela Co Avcn SA CV (NASDAQ:VLRS)‘s stock had its “overweight” rating reiterated by stock analysts at Morgan Stanley in a report issued on Wednesday, AnalystRatings.Netreports. Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) shares moved down -3.12% in last trading session and was closed at $8.70 while trading in range of $8.65 – $9.06 – Controladora Vuela Co Avcn SA CV (ADR) (NYSE:VLRS) year to date (YTD) performance is -35.79%.

Advantest Corporation (TSE: 6857) (NYSE:ATE) has received an order from the engineering group within HiSilicon Technologies Co., Ltd., a Chinese producer of application-specific integrated circuits (ASICs) and other chipsets for communication networks and digital media, for a V93000 Smart Scale™ tester equipped with Advantest’s Pin Scale Serial Link (PSSL) digital channel card. Advantest Corp (ADR) (NYSE:ATE) weekly performance is -2.94%. On last trading day company shares ended up $9.91. Advantest Corp (ADR) (NYSE:ATE) distance from 50-day simple moving average (SMA50) is -9.79%. Analysts mean target price for the company is $28.00.

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