Shares of Marvell Technology Group (NASDAQ:MRVL) were the recipient of unusually large options trading on Tuesday. Traders bought 12,282 call options on the stock, AR Network reports. This is an increase of 406% compared to the average volume of 2,429 call options. Marvell Technology Group Ltd. (NASDAQ:MRVL) shares after opening at $16.16 moved to $16.28 on last trade day and at the end of the day closed at $16.23. Company price to sales ratio in past twelve months was calculated as 2.40 and price to cash ratio as 4.15. Marvell Technology Group Ltd. (NASDAQ:MRVL) showed a positive weekly performance of 6.08%.
Mar 23, 2014 Vitesse Semiconductor (NASDAQ:VTSS) , a leading provider of advanced IC solutions for Carrier and Enterprise networks, announced its membership in the China Communications Standards Association (CCSA), a professional organization responsible for developing communications technology standards in the field of Information and Communications Technology (ICT) across China. Vitesse Semiconductor (NASDAQ:VTSS) shares ended the day on $4.40. VTSS return on equity ratio is recorded as -255.30% and its return on assets is -25.20%. Vitesse Semiconductor (NASDAQ:VTSS) yearly performance is 112.56%.
Evercore Partners initiated coverage on shares of Applied Micro Circuits (NASDAQ:AMCC) in a research report sent to investors on Wednesday morning, TheFlyOnTheWall.com reports. The firm issued an overweight rating and a $15.00 price target on the stock.Applied Micro Circuits Corporation (NASDAQ:AMCC) shares was closed at $10.76. Applied Micro Circuits Corporation (NASDAQ:AMCC) year to date performance is -19.52%.
Mar 05, 2014 GigOptix Inc (NYSEMKT:GIG) a leading supplier of advanced high speed semiconductor components for use in long-haul, metro, Cloud connectivity, data centers, consumer electronics links and interactive applications, through optical and wireless communications networks, announced its participation in the PANTHER (Passive and Electro-optic Polymer Photonics and InP Electronic Integration for Multi-Flow Terabit Transceivers at Edge SDN Switches and Data-Center) research project, funded in part by the Seventh Framework Programme (FP7), Information and Communication Technologies (ICT) of the European Commission (EC).GigOptix Inc (NYSEMKT:GIG) weekly performance is 9.03%. On last trading day company shares ended up $1.69. GigOptix Inc (NYSEMKT:GIG) distance from 50-day simple moving average is 2.39%. Analysts mean target price for the company is $2.80.
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