Tag: Bel Fuse

  • Tech Sector Overbought Stocks: CenturyLink (NYSE:CTL), Amkor Technology (NASDAQ:AMKR), Bel Fuse (NASDAQ:BELFB), Schawk (NYSE:SGK)

    CenturyLink (NYSE:CTL) has received a consensus rating of “Hold” from the fifteen brokerages that are currently covering the stock, AR Network reports. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $34.44.CenturyLink, Inc. (NYSE:CTL) shares after opening at $33.64 moved to $33.87 on last trade day and at the end of the day closed at $33.54. Company price to sales ratio in past twelve months was calculated as 1.07 and price to cash ratio as 115.38. CenturyLink, Inc. (NYSE:CTL) showed a positive weekly performance of 2.13%.

    On Mar 13.2014 Amkor Technology, Inc. (NASDAQ:AMKR) announced that it will participate in the Goldman Sachs TMT Leveraged Finance Conference on Wednesday, March 19, 2014. Amkor’s presentation will occur at 3:20 pm Eastern Time at the Goldman Sachs Conference Center in New York, NY. Amkor Technology, Inc. (NASDAQ:AMKR) shares advanced 0.14% in last trading session and ended the day on $7.12. AMKR return on equity ratio is recorded as 14.20% and its return on assets is 3.60%. Amkor Technology, Inc. (NASDAQ:AMKR) yearly performance is 86.39%.

    BEL FUSE INC (NASDAQ:BELF) released financial results for the first quarter ended March 31, 2014 at approximately 7:30 a.m. EDT on Wednesday, April 30, 2014. Bel has scheduled a conference call at 11:00 a.m. Bel Fuse, Inc. (NASDAQ:BELFB) shares moved up 0.70% in last trading session and was closed at $23.10, while trading in range of $22.96-$23.46. Bel Fuse, Inc. (NASDAQ:BELFB) year to date performance is 8.76%.

    Schawk, Inc. (NYSE:SGK), marketed as SGK, of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the company in connection with the sale of the Company to Matthews International Corp. (NASDAQ:MATW). A complaint was filed in Delaware state court. Under the terms of the transaction, Schawk shareholders will receive $11.80 in cash and 0.20582 shares of Matthews stock for each share of Schawk stock they own, representing a value of approximately $20 per share. The claims concern whether the Schawk Board breached their fiduciary duties to stockholders by engaging in an unfair and inadequate sales process to the detriment of common shareholders. The Schawk family and family trusts account for 61% of the Company’s shares, and David A. Schawk will lead the combined business following the completion of the merger. Schawk, Inc. (NYSE:SGK) weekly performance is 1.95%. On last trading day company shares ended up $20.38. Schawk, Inc. (NYSE:SGK) distance from 50-day simple moving average is 32.27%. Analysts mean target price for the company is $20.00.