Tag: Education Management Corp

  • Micro-cap New Lows: ConnectOne Bancorp Inc (NASDAQ:CNOB), Education Management Corp (NASDAQ:EDMC), China Green Agriculture, Inc (NYSE:CGA), eMagin Corporation (NYSEMKT:EMAN), NUAH

    ConnectOne Bancorp Inc (NASDAQ:CNOB) announced the completion of its previously announced merger under which the Company merged with the former ConnectOne Bancorp, Inc. The merger creates a $3 billion financial institution with 24 branches across Bergen, Essex, Hudson, Mercer, Monmouth, Morris, and Union counties. The combined company is one of the largest New Jersey-based banking institutions with increased scale, technology and lending capabilities serving middle market commercial businesses. Simultaneously with the completion of the merger, the Company changed its name to ConnectOne Bancorp, Inc. ConnectOne Bancorp Inc (NASDAQ:CNOB) net profit margin is 21.20% and weekly performance is -59.80%. On last trading day company shares ended up $20.30. Analysts mean target price for the company is $60.00. ConnectOne Bancorp Inc (NASDAQ:CNOB) distance from 50-day simple moving average (SMA50) is -58.59%.

    Education Management Corp (NASDAQ:EDMC), the for-profit college operator partly owned by Goldman Sachs Group Inc., received lender consent to waive covenant requirements on its credit agreement, according to a regulatory filing today. Education Management Corp (NASDAQ:EDMC) shares fell -1.18% in last trading session and ended the day on $1.67. EDMC Gross Margin is 40.20% and its return on assets is -21.70%. Education Management Corp (NASDAQ:EDMC) quarterly performance is -66.06%.

    TheStreet Ratings team rates China Green Agriculture, Inc (NYSE:CGA) as a Hold with a ratings score of C. China Green Agriculture, Inc (NYSE:CGA) shares moved down -1.82% in last trading session and was closed at $2.16, while trading in range of $2.15 – $2.22. China Green Agriculture, Inc (NYSE:CGA) year to date (YTD) performance is -40.33%.

    On June 19, 2014, the Board of Directors of eMagin Corporation (NYSEMKT:EMAN) elected Ellen Richstone to serve on its Board of Directors and Chair of its Audit Committee, in each case effective on July 1, 2014. Ms. Richstone is 62 years old has served as the Chief Financial Officer of several public and private companies between 1989 and 2012, including Rohr Aerospace (a Fortune 500 Company). From 2002 to 2004, Ms. Richstone was the President and Chief Executive Officer of the Entrepreneurial Resources Group. eMagin Corporation (NYSEMKT:EMAN) ended the last trading day at $2.16. Company weekly volatility is calculated as 6.80% and price to cash ratio as 6.56. eMagin Corporation (NYSEMKT:EMAN) showed a negative weekly performance of -11.11%.

    National American University Holdngs Inc (NASDAQ:NAUH) shares moved down -2.60% in last trading session and was closed at $3.00, while trading in range of $3.00 – $3.10. National American University Holdngs Inc (NASDAQ:NAUH) year to date (YTD) performance is -12.02%.