Small Cap Unusual Volume: Fabrinet (NYSE:FN), LTC Properties (NYSE:LTC), Balchem Corporation (NASDAQ:BCPC), Sify Technologies (NASDAQ:SIFY)

Posted by on Apr 02, 2014

Fabrinet (NYSE:FN) provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services. Headquartered in Cayman Islands, the company will be added to the S&P SmallCap 600 Electronic Manufacturing Services Sub-Industry index. Fabrinet (NYSE:FN) shares after opening at $20.74 moved to $20.87 on last trade day and at the end of the day closed at $20.49. Company price to sales ratio in past twelve months was calculated as 1.08 and price to cash ratio as 3.99. Fabrinet (NYSE:FN) showed a positive weekly performance of 2.71%.

LTC Properties (NYSE:LTC) announced a apr 14 dividend on Tuesday, April 1st, American Banking News.com reports. Shareholders of record on Tuesday, April 22nd will be paid a dividend of 0.17 per share on Wednesday, April 30th. LTC Properties Inc. (NYSE:LTC) shares fell -2.50% in last trading session and ended the day on $36.69. LTC return on equity ratio is recorded as 12.00% and its return on assets is 7.80%. LTC Properties Inc. (NYSE:LTC) yearly performance is -7.54%.

Balchem Corporation (NASDAQ:BCPC) announced that it entered into a definitive agreement to acquire Performance Chemicals & Ingredients Company (d/b/a SensoryEffects), a privately held supplier of customized food and beverage ingredient systems, headquartered in St. Louis, Missouri for a purchase price of $567 million in cash. Balchem Corporation (NASDAQ:BCPC) shares moved up 22.76% in last trading session and was closed at $63.98, while trading in range of $56.15 – $65.89. Balchem Corporation (NASDAQ:BCPC) year to date (YTD) performance is 8.99%.

Akamai Technologies, Inc. (NASDAQ:AKAM), the leading provider of cloud services for delivering, optimizing and securing online content and business applications announced a strategic partnership with Sify Technologies Limited (NASDAQ:SIFY), a leader in Managed Enterprise, Network, IT and Software services in India with global delivery capabilities. Sify Technologies Limited (ADR) (NASDAQ:SIFY) weekly performance is 0.95%. On last trading day company shares ended up $2.13. Sify Technologies Limited (ADR) (NASDAQ:SIFY) distance from 50-day simple moving average (SMA50) is 5.81%. Analysts mean target price for the company is $5.00.

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