Origin Agritech Ltd. (NASDAQ:SEED) announced its Board has received a preliminary non-binding proposal letter from Hunan Xindaxin Company Limited, pursuant to which Xindaxin proposes to acquire the company for US$2.50 in cash per ordinary share. Xindaxin is the controlling shareholder of Yuan Longping Hi-Tech Agriculture Co., Ltd., a China-based company listed on the Shenzhen Stock Exchange primarily engaged in the research, production and sale of agricultural products. Origin Agritech Ltd. (NASDAQ:SEED) net profit margin is 1.60% and weekly performance is 14.36%. On last trading day company shares ended up $2.31. Analysts mean target price for the company is $ 5.00. Origin Agritech Ltd. (NASDAQ:SEED) distance from 50-day simple moving average (SMA50) is 0.31%.
Shares of Elizabeth Arden, Inc. (NASDAQ:RDEN) are down in pre-market trade after it was reported that the cosmetics company is evaluating strategic alternatives after posting much weaker-than-expected quarterly results due to falling demand for its perfumes, according to Reuters. Elizabeth Arden, Inc. (NASDAQ:RDEN) shares fell -22.82% in last trading session and ended the day on $27.50. RDEN Gross Margin is 45.10% and its return on assets is 2.60%. Elizabeth Arden, Inc. (NASDAQ:RDEN) quarterly performance is 4.36%.
Lifeway Foods, Inc. (NASDAQ:LWAY) announced results for the first quarter ended March 31, 2014. First quarter of 2014 gross sales increased approximately 16% to $32.1 million compared to $27.6 million for the first quarter of 2013. This increase is primarily attributable to increased sales and awareness of the Company’s flagship line, Kefir, as well as ProBugs® Organic Kefir for kids and BioKefir™. Lifeway Foods, Inc. (NASDAQ:LWAY) shares moved down -4.33% in last trading session and was closed at $14.35, while trading in range of $14.05 – $15.50. Lifeway Foods, Inc. (NASDAQ:LWAY) year to date (YTD) performance is -10.20%.
May 10, 2014 Sorl Auto Parts, Inc. (NASDAQ:SORL)announced that it plans to release its financial results for the 2014 first quarter ended March 31, 2014, on Friday, May 16, 2014 before the market opens. Sorl Auto Parts, Inc. (NASDAQ:SORL) ended the last trading day at $3.08. Company weekly volatility is calculated as 5.16% and price to cash ratio as 1.83. Sorl Auto Parts, Inc. (NASDAQ:SORL) showed a positive weekly performance of 1.32%.