ADTRAN, Inc. (NASDAQ:ADTN), a leading provider of next-generation networking solutions, on 28 may announced as part of its Enabling Communities, Connecting Lives program, that Comporium will leverage ADTRAN’s broadband portfolio to deliver Gigabit service to the community of Rock Hill, South Carolina as the town looks to reinvent itself to keep up with the changing economy.
ADTRAN, Inc. (NASDAQ:ADTN) net profit margin is 7.40% and weekly performance is -4.57%. On last trading day company shares ended up $21.29. Analysts mean target price for the company is $24.38. ADTRAN, Inc. (NASDAQ:ADTN) distance from 50-day simple moving average (SMA50) is -8.20%.
Mavenir Systems Inc. (NYSE:MVNR) a provider of software-based network solutions for mobile services, on 23 may announced the establishment of a Next Generation Operations Centre in Paris, France to support Voice over LTE (VoLTE) and Rich Communications Services (RCS) deployments. Mavenir Systems Inc. (NYSE:MVNR) shares fell -8.04% in last trading session and ended the day on $12.24. MVNR gross Margin is 53.60% and its return on assets is -17.20%.Mavenir Systems Inc. (NYSE:MVNR) quarterly performance is -22.09%.
Turtle Beach Corporation (NASDAQ:HEAR), a leading innovator of audio products and solutions, on 28 may announced the addition of IAVI as a distributor for its HyperSound directional audio speakers. IAVI’s customers will obtain access to HyperSound’s highly directional audio speakers through its network of Pro-AV resellers in North and South America. Turtle Beach Corp (NASDAQ:HEAR) shares moved down -7.88% in last trading session and was closed at $9.47, while trading in range of $9.24 – $10.30. Turtle Beach Corp (NASDAQ:HEAR) year to date (YTD) performance is -31.62%.
Barracuda Networks Inc. (NYSE:CUDA) CMO Michael D. Perone sold 21,970 shares of the stock in a transaction that occurred on Thursday, May 29th. The shares were sold at an average price of $30.18, for a total value of $663,054.60. Following the completion of the transaction, the chief marketing officer now directly owns 5,497,253 shares in the company, valued at approximately $165,907,096. Barracuda Networks Inc. (NYSE:CUDA) ended the last trading day at $27.82. Company weekly volatility is calculated as 5.16% and price to cash ratio as 10.45.Barracuda Networks Inc. (NYSE:CUDA) showed a negative weekly performance of -4.50%.
RiT Technologies Ltd. (NASDAQ: RITT) on 29 may said that it has signed a distribution agreement for Blue Helix to distribute the full range of RiT products with a focus on the PatchView+ intelligent infrastructure management solution. RiT Technologies Ltd. (NASDAQ:RITT) net profit margin is -89.30% and weekly performance is -5.88%. On last trading day company shares ended up $1.44. RiT Technologies Ltd. (NASDAQ:RITT) distance from 50-day simple moving average (SMA50) is -12.58%.