The India Fund, Inc. (the “Fund”) (NYSE:IFN), a closed-end equity fund, announced its performance data and portfolio composition as of February 28, 2014. The India Fund, Inc. (NYSE:IFN) shares after opening at $23.14 moved to $23.30 on last trade day and at the end of the day closed at $23.25. Company price to sales ratio in past twelve months was calculated as 53.44 and price to cash ratio as 147.70. The India Fund, Inc. (NYSE:IFN) showed a positive weekly performance of 5.11%.
Emerge Energy Services LP (NYSE:EMES) is among the companies in the oil drilling business which are counting challenges due to the rough weather. While the company noted that its sand production is not interrupted thanks to its enclosed processing plants, the problematic part is shipping the sand out of the mining areas. Emerge Energy Services LP (NYSE:EMES) shares fell -0.68% in last trading session and ended the day on $61.80. Emerge Energy Services LP (NYSE:EMES) return on equity ratio is recorded as 18.40% and its return on assets is 7.50%.
Advantage Oil & Gas Ltd (USA) (NYSE:AAV) had its price target lifted at TD Securities to $7 from $6.50. The firm went ahead to plant a ‘buy” recommendation on the stock. Following comments from about five rating firms, AAV has consensus “buy” rating and average price target of $5.43. Advantage Oil & Gas Ltd (USA) (NYSE:AAV) shares moved up 2.03% in last trading session and was closed at $5.03 while trading in range of $4.95 – $5.05 – Advantage Oil & Gas Ltd (USA) (NYSE:AAV) year to date (YTD) performance is 15.90%.
The price of Providence Service Corp. (Nasdaq:PRSC) stock soared $9.72 (or +34.37%) to $38.00 per share, after the company reported that it has agreed to acquire Ingeus Limited for about $58 million. According to Providence, the transaction, which complements its existing businesses and expected to close in the second quarter of 2014, is anticipated to be accretive to earnings per share in the current fiscal year. The Providence Service Corporation (NASDAQ:PRSC) weekly performance is 33.71%. On last trading day company shares ended up $38.00. The Providence Service Corporation (NASDAQ:PRSC) distance from 50-day simple moving average (SMA50) is 41.14%. Analysts mean target price for the company is $32.25.