Stock of GoPro, Inc. (NASDAQ:GPRO), which manufactures hi-definition video recorders for enthusiasts of ‘extreme’ sports, ended a Bullish streak after making a high at $49.9 in its third day of trading. Subsequently, it has lost close to 16% of its value over the last two trading sessions. GoPro, Inc. (NASDAQ:GPRO), net profit margin is -3.50% and weekly performance is 22.93%. On last trading day company shares ended up $43.96. GoPro, Inc. (NASDAQ:GPRO), distance from 50-day simple moving average (SMA50) is 9.87%.
On May 27, 2014, Acorn International, Inc. (NYSE:ATV), a media and branding company in China engaged in developing, promoting and selling products through extensive direct and distribution networks, announced its unaudited financial results for the first quarter ended March 31, 2014. Total net revenues were $28.3 million, a decrease of 45.3% from $51.8 million in the first quarter of 2013. Direct sales contributed to 50.9%, or $14.4 million, of total net revenues in the first quarter of 2014, representing a 63.8% decrease from $39.9 million in the same period of last year. The decrease in direct sales net revenue was mainly due to the impact of the new regulation imposed by the SAPPRFT. Acorn International, Inc. (NYSE:ATV), advanced 6.15% in last trading session and ended the day on $2.04. ATV, Gross Margin is 49.50% and its return on assets is -23.20%. Acorn International, Inc. (NYSE:ATV), quarterly performance is 18.49%.
On May 28, 2014, DGSE Companies Inc. (NYSEMKT:DGSE), a leading wholesaler and retailer of jewelry, diamonds, fine watches, and precious metal bullion and rare coin products, announced that it had reached a settlement with the United States Securities and Exchange Commission (“SEC”), without admitting or denying allegations of any wrongdoing, which concludes the SEC’s investigation of accounting issues at DGSE from 2009 to 2011. This settlement concerns the accounting systems, policies, procedures, and controls DGSE had in place over inventory valuation and related disclosures DGSE filed with the SEC under its previous management. The SEC investigation, which DGSE first disclosed in June of 2012, focused on accounting irregularities that were uncovered after the departure of prior management, and which DGSE subsequently self-reported to the SEC. DGSE Companies Inc. (NYSEMKT:DGSE), shares moved up 5.95% in last trading session and was closed at $1.60, while trading in range of $1.53 – 1.68 DGSE Companies Inc. (NYSEMKT:DGSE), year to date (YTD) performance is -28.25%.
ZAGG Inc (NASDAQ:ZAGG), was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a note issued to investors on Thursday. The firm currently has a $6.20 price objective on the stock. Zacks‘s price target would indicate a potential upside of 5.62% from the stock’s previous close. ZAGG Inc (NASDAQ:ZAGG), ended the last trading day at $6.17. Company weekly volatility is calculated as 7.71% and price to cash ratio as 28.72. ZAGG Inc (NASDAQ:ZAGG),showed a positive weekly performance of 26.95%.