Gaining Green

Tag: China Mobile

  • Stock Touched 52 week Lows: Body Central (NASDAQ:BODY), China Mobile (NYSE:CHL), Covisint (NASDAQ:COVS), CTC Media (NASDAQ:CTCM)

    Body Central Corp (NASDAQ:BODY), a company which operates a women’s clothing retail store, saw its shares going down on Friday after the company announced that it won’t be filing its annual earnings reports as scheduled. The company even said it expects to report fourth quarter loss of up to $16.7 million. Body Central Corp (NASDAQ:BODY) shares after opening at $1.86 moved to $2.00on last trade day and at the end of the day closed at $2.00. Company price to sales ratio in past twelve months was calculated as 0.11and price to cash ratio as 1.64. Body Central Corp (NASDAQ:BODY) showed a negative weekly performance of -9.09%.
    China Mobile Ltd. (ADR) (NYSE:CHL) will increase the amount it spends on handset subsidies 26% this year, from 27 billion yuan to 34 billion yuan ($5.49 billion) to keep its contract prices competitive in the face of rising competition, Reuters reports, though the company intends to keep its marketing expenses flat this year. China Mobile Ltd. (ADR) (NYSE:CHL) shares fell -3.17% in last trading session and ended the day on $41.55. CHL return on equity ratio is recorded as 36.50% and its return on assets is 24.80%.  China Mobile Ltd. (ADR) (NYSE:CHL) yearly performance is -18.50%.
    Covisint Corp (NASDAQ:COVS) was downgraded by equities researchers at Credit Suisse from an “outperform” rating to a “neutral” rating in a research report issued on Friday,TheFlyOnTheWall.com reports. Covisint Corp (NASDAQ:COVS) shares moved up 2.65% in last trading session and was closed at $6.98 while trading in range of $6.70 – $7.00 – Covisint Corp (NASDAQ:COVS) year to date (YTD) performance is -44.38%.
    CTC Media (NASDAQ:CTCM) was downgraded by research analysts at TheStreet from a “buy” rating to a “hold” rating in a report released on Wednesday, Analyst RN reports. CTC Media, Inc. (NASDAQ:CTCM) weekly performance is -6.13%. On last trading day company shares ended up $8.58.  CTC Media, Inc. (NASDAQ:CTCM) distance from 50-day simple moving average (SMA50) is -21.79%. Analysts mean target price for the company is $12.17.