Stock To Watch at NASDAQ: Francesca’s Holdings (NASDAQ:FRAN), The Wet Seal (NASDAQ:WTSL), CONN’S (NASDAQ:CONN), Spherix (NASDAQ:SPEX)

Posted by on Apr 14, 2014

Francesca’s Holdings Corp (NASDAQ:FRAN) has been given a consensus recommendation of “Hold” by the seventeen ratings firms that are currently covering the stock, StockRatingsNetwork reports. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $24.31. Francesca’s Holdings Corp (NASDAQ:FRAN) shares after opening at $17.10 moved to $17.54 on last trade day and at the end of the day closed at $17.04. Company price to sales ratio in past twelve months was calculated as 2.11 and price to cash ratio as 19.16. Francesca’s Holdings Corp (NASDAQ:FRAN) showed a negative weekly performance of -10.41%.

Shares of Wet Seal (NASDAQ:WTSL) have received an average rating of “Hold” from the eight brokerages that are covering the company,Analyst Ratings.Net reports. Two analysts have rated the stock with a sell recommendation, three have given a hold recommendation, two have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is $3.92. The Wet Seal, Inc. (NASDAQ:WTSL) shares fell -0.88% in last trading session and ended the day on $1.13. WTSL return on equity ratio is recorded as -35.30% and its return on assets is -18.10%. The Wet Seal, Inc. (NASDAQ:WTSL) yearly performance is -64.35%.

CONN’S (NASDAQ:CONN) Director Kelly M. Malson acquired 4,500 shares of CONN’S stock on the open market in a transaction dated Thursday, April 10th. The stock was purchased at an average price of $39.58 per share, for a total transaction of $178,110.00. Following the acquisition, the director now directly owns 9,328 shares in the company, valued at approximately $369,202. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. CONN’S, Inc. (NASDAQ:CONN) shares was closed at $39.52, while trading in range of $37.95-$39.59. CONN’S, Inc. (NASDAQ:CONN) year to date performance is -49.78%.

Spherix Inc. (NASDAQ:SPEX) on Thursday said that it is suing Cisco Inc. (CSCO), a leging that $43 billion in Cisco sales infringed on Spherix patents. Spherix–which described itself as an “intellectual property development company committed to the fostering and monetization of intellectual property”–said Cisco infringes on 11 patents it acquired in December.  Spherix Inc (NASDAQ:SPEX) weekly performance is -20.15%. On last trading day company shares ended up $57. Spherix Inc (NASDAQ:SPEX) distance from 50-day simple moving average is -50.89%. Analysts mean target price for the company is $1.00.

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