NII Holdings Inc. (NASDAQ: NIHD) is trying a Hail Mary pass. The troubled Latin American cellphone provider announced early on Monday that it has hired UBS Investment Bank to be its financial advisor. The aim is to explore and advise the company on potential strategic opportunities. NII Holdings Inc (NASDAQ:NIHD) shares after opening at $1.06 moved to $1.06 on last trade day and at the end of the day closed at $0.892. Company price to sales ratio in past twelve months was calculated as 0.03 and price to cash ratio as 0.08. NII Holdings Inc (NASDAQ:NIHD) showed a negative weekly performance of -19.61%.
It can take just one blockbuster drug to change the fortune of a drug company and take it into the billion dollar marketcap category. Dyax Corp. (NASDAQ:DYAX) may well be poised to accomplish just that. Dyax’s growth prospects rely on not one but two potential blockbuster drugs. Dyax Corp. (NASDAQ:DYAX) shares fell -9.11% in last trading session and ended the day on $9.23. DYAX return on equity ratio is recorded as 101.70% and its return on assets is -34.40%. Dyax Corp. (NASDAQ:DYAX) yearly performance is 126.23%.
Ocean Power Technologies (NASDAQ:OPTT) announced its earnings results on Friday. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.31) by $0.25, StockRatingsNetwork.com reports. The company had revenue of $199.62 million for the quarter, compared to the consensus estimate of $865.55 million. During the same quarter in the previous year, the company posted ($0.42) earnings per share. Ocean Power Technologies Inc (NASDAQ:OPTT) shares moved down -15.29% in last trading session and was closed at $4.32, while trading in range of $4.07-$4.89. Ocean Power Technologies Inc (NASDAQ:OPTT) year to date performance is 125.00%.
AirMedia Group (AMCN) continued its plunge on Friday as the company, which specializes in outdoor advertising, continued to suffer from its annual earnings report released earlier in the week. AirMedia Group Inc (ADR) (NASDAQ:AMCN) weekly performance is -24.24%. On last trading day company shares ended up $200. AirMedia Group Inc (ADR) (NASDAQ:AMCN) distance from 50-day simple moving average is -13.94%. Analysts mean target price for the company is $3.15.