Tag: FreeSeas Inc

  • Services Sector Gainers In News: You On Demand Holdings (NASDAQ:YOD), Las Vegas Sands (NYSE:LVS), StealthGas Inc. (NASDAQ:GASS), Willdan Group (NASDAQ:WLDN)

    On May 15, 2014 You On Demand Holdings, Inc. (NASDAQ:YOD), announced its operating results for the three-month period ending March 31, 2014. Revenue for the quarter ended March 31, 2014 increased to $138,000 from $938 in the quarter ended March 31, 2013. Gross loss for the quarter ended March 31, 2014 declined to $738,000, from $848,000 in the quarter ended March 31, 2013. Total operating expenses for the quarter ended March 31, 2014 declined 21.8% from the quarter ended March 31, 2013, which reflects the success of our strategy of forging revenue-sharing agreements with content partners while keeping corporate overhead at manageable levels. You On Demand Holdings, Inc. (NASDAQ:YOD) shares after opening at $2.32 on last trade day and at the end of the day closed at $3.23. Company price to sales ratio in past twelve months was calculated as 178.30 and price to cash ratio as 14.08. You On Demand Holdings, Inc. (NASDAQ:YOD) showed a positive weekly performance of 29.20%.

    On May 21, 2014, Las Vegas Sands Corp. (NYSE:LVS) said that Michael A. Leven, the company’s president and chief operating officer, will retire when his contract expires at the end of 2014. At the same time, the company stated that its chairman and chief executive officer, Mr. Sheldon G. Adelson, has no plans to slow down, step back, or relinquish his CEO title and role. Las Vegas Sands Corp. (NYSE:LVS) net profit margin is 0.20% and weekly performance is -34.26%. On last trading day company shares ended up $74.90. Analysts mean target price for the company is $7.66. Las Vegas Sands Corp. (NYSE:LVS) distance from 50-day simple moving average (SMA50) is -42.80%.

    On May 22, 2014, FreeSeas Inc (NASDAQ:FREE), announced that it entered into a placement agent agreement with Dawson James Securities, Inc. on May 21, 2014, to sell up to $25 million of Series D Convertible Preferred Stock and Series C Warrants. The offering is expected to close on May 28, 2014. The securities will be sold in 250,000 units, at a purchase price of $100 per unit, with each unit consisting of one share of our Series D Convertible Preferred Stock and Series C Warrants to purchase 200% of the shares of common stock underlying the Series D Preferred Stock, at an exercise price of 130% of the Series D Preferred Stock conversion price on the initial issuance date of the Series D Preferred Stock, rounded to the nearest whole cent. FreeSeas Inc (NASDAQ:FREE) shares advanced 5.93% in last trading session and ended the day on $1.25. FreeSeas Inc (NASDAQ:FREE) quarterly performance is -26.47%.

    StealthGas Inc. (NASDAQ:GASS) was a big mover last session, as its shares rose over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the trend for the company, as the stock is now trading above the volatile price range of $9.90 to $10.96 in the past one-month time frame. StealthGas Inc. (NASDAQ:GASS) shares moved up 6.06% in last trading session and was closed at $11.02, while trading in range of $10.43 – $11.24. StealthGas Inc. (NASDAQ:GASS) year to date (YTD) performance is 8.15%.

    On May 20, Willdan Group, Inc. (NASDAQ:WLDN) announced that its wholly owned subsidiary Willdan Energy Solutions (Willdan) was selected by the Ontario-Montclair School District (OMSD) to serve as the energy consultant for OMSD’s upcoming Proposition 39 Clean Energy Jobs Act Program. Willdan will provide energy planning and auditing services to OMSD to identify, prioritize and select energy efficiency projects for implementation at all 32 of the OMSD’s school facilities. Willdan Group, Inc. (NASDAQ:WLDN) ended the last trading day at $5.74. Company weekly volatility is calculated as 4.05% and price to cash ratio as 6.42. Willdan Group, Inc. (NASDAQ:WLDN) showed a positive weekly performance of 9.96%.