On May 31, Yelp Inc (NASDAQ:YELP) CEO Jeremy Stoppelman unloaded 13,514 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $62.69, for a total value of $847,192.66. Yelp Inc (NYSE:YELP) net profit margin is -3.00 % and weekly performance is 1.83%. On last trading day company shares ended up $64.58. Analysts mean target price for the company is $83.34. Yelp Inc (NYSE:YELP) distance from 50-day simple moving average (SMA50) is 0.97%.
IMRIS Inc. (NASDAQ:IMRS) announced that a published retrospective study indicates that use of VISIUS intraoperative MRI (iMRI) combined with endoscopy for transsphenoidal surgery (surgical access through the nose) increases the amount of pituitary (adenoma) tumor removal compared to conventional microscopy without iMRI. The amount of tumor removal using iMRI was also associated with longer patient survival, according to the article. IMRIS Inc (NASDAQ:IMRS) shares fell -8.91% in last trading session and ended the day on $0.920. IMRIS Inc (NASDAQ:IMRS) quarterly performance is -53.06%.
On May 15, 2014, Jacques Kerrest notified MagneGas Corporation (NASDAQ:MNGA) that he would resign from his position as a member of the board of directors of the Company, effective immediately. Mr. Kerrest’s resignation was not as a result of any disagreements with the Company. MagneGas Corporation (NASDAQ:MNGA) shares moved down -6.17% in last trading session and was closed at $1.52, while trading in range of $1.46 – $1.66. MagneGas Corporation (NASDAQ:MNGA) year to date (YTD) performance is 245.45%.
On May 14, FieldPoint Petroleum Corporation (NYSEMKT:FPP) announced its first quarter financial results for the three months ended March 31, 2014. Gross revenue increased 17.1% year over year from $2,488,148 to $2,913,165, while net income decreased from $543,509 to $307,936. The largest dollar change in expenses was depletion, which is a non-cash item that increased from $523,500 to $825,500, primarily due to higher production and the addition of the East Lusk #3 well. General and administrative expenses were also up from $243,996 to $495,552 year over year. Fieldpoint Petroleum Corporation (NYSEMKT:FPP) ended the last trading day at $5.62 . Company weekly volatility is calculated as 2.69% and price to cash ratio as 23.90. Fieldpoint Petroleum Corporation (NYSEMKT:FPP) showed a negative weekly performance of -8.98%.
WSI Industries, Inc. (NASDAQ:WSCI) net profit margin is 1.70% and weekly performance is 14.06%. On last trading day company shares ended up $8.84. WSI Industries, Inc. (NASDAQ:WSCI) distance from 50-day simple moving average (SMA50) is 18.55%.