As previously reported, B. Riley downgraded The Wet Seal, Inc. (NASDAQ:WTSL) to Sell from Neutral. The firm downgraded shares citing weak Q1 guidance and potentially substantial dilution from the convert deal. Price target lowered to 50c from $2.10. The Wet Seal, Inc. (NASDAQ:WTSL) shares moved down -3.79% in last trading session and was closed at $1.27, while trading in range of $1.26 – 1.37. The Wet Seal, Inc. (NASDAQ:WTSL) year to date (YTD) performance is -53.48%.
Envivio Inc (NASDAQ:ENVI), a leading provider of software-based video processing and delivery solutions, announced that it is powering premium live HD sports channels on Apple TV for a European Tier 1 service provider. Envivio Inc (NASDAQ:ENVI) shares after opening at $3.11on last trade day and at the end of the day closed at $3.30. Company price to sales ratio in past twelve months was calculated as 2.07 and price to cash ratio as 1.87. Envivio Inc (NASDAQ:ENVI) showed a positive weekly performance of 1.54%.
On March 25, 2014, Clearfield Inc (NASDAQ:CLFD), today announced SmartRoute spooling technology, an innovative fiber management design that houses connectors, cable assembly and slack storage in a single unit. The SmartRoute Panel, with dual SmartRoute spools deployed, integrates IFC and OSP cable assemblies in a single 1RU high panel. Clearfield Inc (NASDAQ:CLFD) weekly performance is 3.39%. On last trading day company shares ended up $24.41. Clearfield Inc (NASDAQ:CLFD) distance from 50-day simple moving average (SMA50) is 5.55%.