On April 22, 2014, Cbeyond, Inc. (NASDAQ:CBEY), announced that it agreed to be acquired by Birch Communications Inc. in an all-cash transaction valued at approximately $323 million. Cbeyond, Inc. (NASDAQ:CBEY), shares after opening at $9.83 moved to $9.88 on last trade day and at the end of the day closed at $9.86. Company price to sales ratio in past twelve months was calculated as 0.65 and price to cash ratio as 10.49. Cbeyond, Inc. (NASDAQ:CBEY), showed a positive weekly performance of 39.46%.
Sanmina Corp (NASDAQ:SANM)‘s stock had its “neutral” rating reiterated by Bank of America in a research note issued on Wednesday,American Banking News reports. They currently have a $20.00 price objective on the stock. Bank of America’s target price would suggest a potential upside of 9.53% from the stock’s previous close. Sanmina Corp (NASDAQ:SANM), shares advanced 1.63% in last trading session and ended the day on $21.24. Sanmina Corp (NASDAQ:SANM), return on equity ratio is recorded as 9.60% and its return on assets is 3.40%. Sanmina Corp (NASDAQ:SANM), yearly performance is 72.68%.
RadNet Inc. (NASDAQ:RDNT), was a big mover last session, as the company saw its shares rise nearly 10% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained over 46% in the past one-month time frame. RadNet Inc. (NASDAQ:RDNT), shares moved down 1.24% in last trading session and was closed at $4.76, while trading in range of $ 4.63 – 5.09. RadNet Inc. (NASDAQ:RDNT), year to date (YTD) performance is 185.03%.
Profire Energy, Inc. (NASDAQ:PFIE), was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $3.27 to $3.48 since Mar 21. Profire Energy, Inc. (NASDAQ:PFIE), weekly performance is 16.54%. On last trading day company shares ended up $4.65. Profire Energy, Inc. (NASDAQ:PFIE), distance from 50-day simple moving average (SMA50) is 26.04%. Analysts mean target Price for the company is $5.17.
Leave a Reply