Zebra Technologies Corp. (NASDAQ:ZBRA) agreed to buy Motorola Solutions Inc.’s (NYSE:MSI) enterprise business for $3.45 billion in an all-cash transaction, the companies said in a joint statement Tuesday. Zebra Technologies Corp. (NASDAQ:ZBRA) shares after opening at $71.10 moved to $71.74 on last trade day and at the end of the day closed at $61.39. Company price to sales ratio in past twelve months was calculated as 2.98 and price to cash ratio as 7.48. Zebra Technologies Corp. (NASDAQ:ZBRA) showed a negative weekly performance of -10.17%.
Adept Technology, Inc. (NASDAQ:ADEP), a leading provider of intelligent robots, autonomous mobile solutions and services, on 11 April announced that John Villadsen has joined the company as Vice President of Global Operations. Adept Technology Inc. (NASDAQ:ADEP) shares fell -8.87% in last trading session and ended the day on $14.28. ADEP return on equity ratio is recorded as -23.90% and its return on assets is -8.10%. Adept Technology Inc. (NASDAQ:ADEP) yearly performance is 365.15%.
HC Wainwright started coverage on shares of Ocean Power Technologies (NASDAQ:OPTT) in a research note released on Monday morning, TheFlyOnTheWall.com reports. The firm issued a buy rating on the stock. Ocean Power Technologies Inc. (NASDAQ:OPTT) shares moved down -3.66% in last trading session and was closed at $2.63, while trading in range of $2.55 – $2.91. Ocean Power Technologies Inc. (NASDAQ:OPTT) year to date (YTD) performance is 36.98%.
On March 31, 2014, THT Heat Transfer Technology, Inc., (NASDAQ:THTI) issued a press release announcing 2013 earnings and financial forecasts of the first quarter of 2014. THT Heat Transfer Technology Inc. (NASDAQ:THTI) weekly performance is -6.67%. On last trading day company shares ended up $1.12. THT Heat Transfer Technology Inc. (NASDAQ:THTI) distance from 50-day simple moving average (SMA50) is -10.88%. Analysts mean target price for the company is $7.00.