Fuel Systems Solutions, Inc. (NASDAQ:FSYS)’s shares hit a new 52-week low during mid-day trading on Friday following a weaker than expected earnings announcement, AnalystRatings.Net reports. The stock traded as low as $9.75 and last traded at $9.80, with a volume of 165,513 shares traded. The stock had previously closed at $10.10. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.05. Fuel Systems Solutions, Inc. (NASDAQ:FSYS)’s stock on May 9, 2014 reported a decrease of 2.18% to the closing price of $9.88. Its fifty two weeks range is $9.73 – 21.44. The overall volume in the last trading session was 220,500 shares. In its share capital, company has 20.09 million outstanding shares.
Shares of Tata Motors Limited (ADR) (NYSE:TTM), Mahindra & Mahindra, Maruti Suzuki India and TVS Motor Company scaling record high. Ashok Leyland hit 52-week high. L&T, JSW Steel and Coal India scaled 52-week high. Index heavyweight and cigarette major ITC edged higher. Among power finance companies, Rural Electrification Corporation (REC) and Power Finance Corporation (PFC), both, hit 52-week high. On last trading day, Tata Motors Limited (ADR) (NYSE:TTM)’s stock traded at beginning with a price of $38.73 and throughout the trading session climbed at a high of $38.98 and later when day-trade ended the stock finally advanced 0.42% to end at $38.44.
Investment analysts at Canaccord Genuity started coverage on shares of Paycom Software (NASDAQ:PAYC) in a note issued to investors on Monday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $19.00 price target on the stock. Canaccord Genuity’s target price suggests a potential upside of 30.94% from the company’s current price. A number of other firms have also recently commented on PAYC. Analysts at Stifel Nicolaus initiated coverage on shares of Paycom Software in a research note on Monday. On Friday, Paycom Software Inc (NYSE:PAYC) stock hit highest price at $15.17, beginning with a price of $15.12 and decreased 4.41% to the close at $14.51 with day range of $14.12 – 15.17. The total market capitalization of the stock is $737.27 million; total volume held in the session was 76,000 shares which are lower than its average volume of 278.86K shares.
Equities research analysts at Morgan Stanley initiated coverage on shares of Moelis & Co (NYSE:MC) in a research note issued to investors on Monday, American Banking News reports. The firm set an “overweight” rating and a $34.00 price target on the stock. Morgan Stanley’s price objective would suggest a potential upside of 23.41% from the company’s current price. Moelis & Co (NYSE:MC)’s stock in last trading day held volume of 109,800 shares as compared to its average volume of 400.55K shares. Shares after opening at $26.20 attained maximum price of $28.14 and then ended up on $27.55 by advancing 4.79%.