Research analysts at Raymond James increased their price objective on shares of BlackBerry Ltd (NASDAQ:BBRY), from C$9.50 to C$10.00 in a report released on Friday. The firm currently has a “market perform” rating on the stock. Raymond James’ target price would indicate a potential downside of 7.83% from the company’s current price. BlackBerry Ltd (NASDAQ:BBRY), net profit margin is -6.73% and weekly performance is -0.31%. On last trading day company shares ended up $9.78. Analysts mean target price for the company is $10.90. BlackBerry Ltd (NASDAQ:BBRY), distance from 50-day simple moving average (SMA50) is 25.13%.
Shares of Towerstream Corporation (NASDAQ:TWER), dropped 6.9% during trading on Monday after an insider sold shares in the company, Analyst Ratings Network reports. The company traded as low as $2.17 and last traded at $2.17, with a volume of 691,355 shares trading hands. The stock had previously closed at $2.33. Towerstream Corporation (NASDAQ:TWER), advanced 3.01% in last trading session and ended the day on $1.71. TWER, Gross Margin is 29.60% and its return on assets is -33.20%. Towerstream Corporation (NASDAQ:TWER), quarterly performance is -27.23%.
On June 05, 2014, Gogo Inc (NASDAQ:GOGO), a leading aero communications service provider to the global aviation industry, announces that it has reached an agreement with American Airlines to begin installing its ATG connectivity service on 30 new Bombardier CRJ-900 NextGen aircraft, which will be delivered to American starting this month. The additional connected aircraft will build on the more than 850 aircraft in American’s fleet that are currently equipped with Gogo’s In-flight Internet services. Gogo Inc (NASDAQ:GOGO), shares moved up 0.80% in last trading session and was closed at $18.97, while trading in range of $18.64 – 19.14. Gogo Inc (NASDAQ:GOGO), year to date (YTD) performance is -23.57%.
On June 11, 2014, To help further drive adoption of Software as a Service (SaaS) cloud-based unified communications solutions within the public sector, 8×8 Solutions, the UK arm of 8×8, Inc. (NASDAQ:EGHT), announced that it has been accepted as a supplier by the Crown Commercial Services (CCS) on the CCS’ recently announced G-Cloud 5 framework. G-Cloud is a UK Government initiative to encourage the adoption of cloud services across the whole of the public sector. 8×8, Inc. (NASDAQ:EGHT), ended the last trading day at $7.91. Company weekly volatility is calculated as 3.74% and price to cash ratio as 6.59. 8×8, Inc. (NASDAQ:EGHT), showed a positive weekly performance of 3.67%.