CTC Media, Inc. (NASDAQ:CTCM) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, a generally disappointing performance in the stock itself and feeble growth in the company’s earnings per share. CTC Media, Inc. (NASDAQ:CTCM) shares after opening at $9.26 moved to $9.32 on last trade day and at the end of the day closed at $8.71. Company price to sales ratio in past twelve months was calculated as 1.62 and price to cash ratio as 10.70. CTC Media, Inc. (NASDAQ:CTCM) showed a negative weekly performance of -2.68%.
CH Robinson Worldwide (Nasdaq:CHRW) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, poor profit margins and weak operating cash flow. C.H. Robinson Worldwide, Inc.(NASDAQ:CHRW) shares advanced 0.18% in last trading session and ended the day on $50.63. CHRW return on equity ratio is recorded as 33.80 and its return on assets is 14.50%.C.H. Robinson Worldwide, Inc.(NASDAQ:CHRW) yearly performance is – 11.53%.
MCG Capital Corp. (NASDAQ:MCGC) posted its quarterly earnings results on Tuesday. The company reported $0.09 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.11 by $0.02, American Banking News.com reports. MCG Capital Corp(NASDAQ:MCGC) shares moved down -0.28% in last trading session and was closed at $3.59, while trading in range of $ 3.52 – 3.60. MCG Capital Corp (NASDAQ:MCGC) year to date (YTD) performance is -15.73%.
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) weekly performance is -12.60%. On last trading day company shares ended up $6.80. Covisint Corp (NASDAQ:COVS) distance from 50-day simple moving average (SMA50) is 34.51%. Analysts mean target price for the company is $10.25.