Zhone Technologies, Inc. (NASDAQ:ZHNE), a global leader in FTTx network access solutions and Qypsys, a premier infrastructure integrator on 22 may announced a new FiberLAN deployment with Fuller Apartment Homes, Inc. for its 224 unit Park Square at Seven Oaks upscale apartment community currently under construction in Southwest Bakersfield, Calif. Through a strategic partnership with TE Connectivity, Zhone’s equipment will enable the apartment community to offer its residents super-fast fiber optic internet service through a cost efficient and greener alternative, FiberLAN technology. Zhone Technologies Inc. (NASDAQ:ZHNE) net profit margin is 3.50% and weekly performance is 25.60%. On last trading day company shares ended up $3.14. Analysts mean target price for the company is $6.00. Zhone Technologies Inc. (NASDAQ:ZHNE) distance from 50-day simple moving average (SMA50) is -10.88%.
Parametric Sound Turtle Beach Corp (NASDAQ:HEAR) announced that the company will be presenting at the Cowen and Company 42(nd) Annual Technology, Media & Telecom Conference held at The New York Palace Hotel in New York on Thursday, May 29, 2014. Parametric Sound CEO Juergen Stark and CFO John Hanson will host the presentation. Turtle Beach Corp (NASDAQ:HEAR) shares advanced 5.81% in last trading session and ended the day on $10.56. HEAR gross Margin is 40.00% and its return on assets is -159.00%.Turtle Beach Corp (NASDAQ:HEAR) quarterly performance is -26.97%.
I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of wireless M2M asset management solutions, has received a purchase order valued at approximately $200,000 from Southeast Industrial Equipment, Inc., one of the largest dealers of material handling equipment in the southeast United States. The order is for initial deployment of I.D. Systems’ PowerBox(TM) wireless vehicle management system (VMS) on a fleet of lift trucks in a manufacturing plant of one of the world’s leading appliance manufacturers, a new end user of I.D. Systems’ solutions. I.D. Systems, Inc. (NASDAQ:IDSY) shares moved up 5.30% in last trading session and was closed at $4.17, while trading in range of $3.94 – $4.32. I.D. Systems, Inc. (NASDAQ:IDSY) year to date (YTD) performance is -27.98%.
RiT Technologies Ltd. (NASDAQ:RITT) on 15 may announced Revenues for the first quarter of 2014 increased by 13.84% to $2.0 million, compared to $1.8 million for the first quarter of 2013. RiT Technologies Ltd. (NASDAQ:RITT) ended the last trading day at $1.53. Company weekly volatility is calculated as 8.26% and price to cash ratio as 22.38.RiT Technologies Ltd. (NASDAQ:RITT) showed a negative weekly performance of -5.56%.
Infineon Technologies AG (ADR) (OTCMKTS:IFNNY) on 5 may introduces a new leadless surface mounted (SMD) package for CoolMOS ™ MOSFETs named ThinPAK 5×6. On last trading day company shares ended up $11.84.