Solar City Corp (NASDAQ:SCTY) Shoot Up 12.35% on Analysts Positive Note: GT Advanced Technologies (NASDAQ:GTAT), NVIDIA Corporation (NASDAQ:NVDA), Himax Technologies (NASDAQ:HIMX)

Posted by The Poetics of Myth (Theorists of Myth) on May 09, 2014

SolarCity Corp (NASDAQ:SCTY) was upgraded by analysts at JPMorgan Chase & Co. from a neutral rating to an overweight rating. JPMorgan Chase & Co. currently has $72.00 target price on the stock. SolarCity Corp (NASDAQ:SCTY) net profit margin is -34.10% and weekly performance is -1.83%. On last trading day company shares ended up $53.60. Analysts mean target price for the company is $75.22. SolarCity Corp (NASDAQ:SCTY) distance from 50-day simple moving average (SMA50) is -16.87%.

High-tech materials supplier GT Advanced Technologies (NASDAQ:GTAT) reported results for the first quarter of 2014. Sales fell 61% year over year, landing at $22.5 million. GT Advanced Technologies Inc. (NASDAQ:GTAT) shares fell -7.03% in last trading session and ended the day on $14.28. GTAT Gross Margin is 31.10% and its return on assets is -8.90%. {Full Company Name} quarterly performance is 51.11%.

NVIDIA Corporation (NASDAQ:NVDA) Thursday reported first-quarter profit of $136.5 million or $0.24 per share, up from $77.9 million or $0.13 per share in the same period last year. Adjusted earnings for the quarter were $166.1 million or $0.29 per share. On average, 27 analysts polled by Thomson Reuters expected the company to earn $0.19 per share for the quarter. Analysts’ estimates typically exclude special items. NVIDIA Corporation (NASDAQ:NVDA) shares moved up 1.23% in last trading session and was closed at $18.50, while trading in range of $18.11 – $18.79. NVIDIA Corporation (NASDAQ:NVDA) year to date (YTD) performance is 15.99%.

Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) posted its quarterly earnings results on Thursday. The company reported $0.09 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.09, Analyst Ratings Network. Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) ended the last trading day at $7.70. Company weekly volatility is calculated as 8.34% and price to cash ratio as 10.25. Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) showed a negative weekly performance of -11.49%.

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