InterCloud Systems, Inc. (NASDAQ:ICLD) became aware last week of allegations made on a website known as the Southern Investigative Reporting Foundation (“SIRF”) that the Company purportedly paid certain people to write articles and make certain alleged misrepresentations about the Company. InterCloud Systems Inc. (NASDAQ:ICLD) shares after opening at $7.30 moved to $8.80 on last trade day and at the end of the day closed at $8.09. Company price to sales ratio in past twelve months was calculated as 0.74 and price to cash ratio as 11.77. InterCloud Systems Inc. (NASDAQ:ICLD) showed a positive weekly performance of 10.07%.
New Oriental Education & Tech. Group (NYSE:EDU) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report released on Tuesday, Stock Ratings Network reports. They currently have a $34.60 price target on the stock. Zacks‘s price target suggests a potential upside of 18.01% from the company’s current price. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) shares advanced 7.52% in last trading session and ended the day on $29.47. EDU return on equity ratio is recorded as 20.90% and its return on assets is 13.40%. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) yearly performance is 66.40%.
Darrell Cavens, the 41-year-old chief executive officer of Zulily Inc. (NASDAQ:ZU) has become a billionaire as the online retailer has rallied 58 percent this year. Zulily Inc. (NASDAQ:ZU) shares moved up 6.47% in last trading session and was closed at $51.97, while trading in range of $47.75 – $53.89. Zulily Inc. (NASDAQ:ZU) year to date (YTD) performance is 25.44%.
Research analysts at Macquarie began coverage on shares of Qunar (NASDAQ:QUNR) in a report released on Monday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating and a $30.00 price target on the stock. Macquarie’s target price would suggest a potential upside of 3.23% from the stock’s previous close. Qunar Cayman Islands Ltd (NASDAQ:QUNR) weekly performance is -5.30%. On last trading day company shares ended up $29.47. Qunar Cayman Islands Ltd (NASDAQ:QUNR) distance from 50-day simple moving average (SMA50) is 1.57%. Analysts mean target price for the company is $38.20.