Sina (NASDAQ:SINA) and Weibo (NASDAQ:WB) shares fell considerably after poor guidance was reported during the first quarter. While investors dwell on these numbers, there is one metric that should bring about a great deal of confidence to investors. Sina grew revenue 38% to $167.3 million and reported a gross margin of 60%. SINA Corp (NASDAQ:SINA) net profit margin is 6.80% and weekly performance is -2.41%. On last trading day company shares ended up $46.53. Analysts mean target price for the company is $71.91. SINA Corp (NASDAQ:SINA) distance from 50-day simple moving average (SMA50) is -14.65%.
Deutsche Bank reissued their sell rating on shares of CGI Group (NYSE:GIB) in a research report sent to investors on Thursday morning. The firm currently has a $24.00 price target on the stock. CGI Group Inc. (USA) (NYSE:GIB) shares advanced 1.42% in last trading session and ended the day on $34.23. GIB gross Margin is 12.00% and its return on assets is 6.50%.CGI Group Inc. (USA) (NYSE:GIB) quarterly performance is 4.71%.
Internap Network Services (NASDAQ:INAP) experienced a power outage at its data center located in the Google-owned building at 111 8th Avenue in New York City. There appears to have been a utility power outage, followed by a problem with uninterrupted power supply system that supported the Internap facility. The outage affected about 20 customers, according to Internap. InterNAP Network Services (NASDAQ:INAP) shares moved up 0.28% in last trading session and was closed at $7.06, while trading in range of $6.98 – $7.08. InterNAP Network Services (NASDAQ:INAP) year to date (YTD) performance is -6.12%.
Evercore Partners cut shares of InterXion Holding NV (NASDAQ:INXN) from an overweight rating to an equal weight rating in a research report sent to investors on Friday morning. InterXion Holding NV (NYSE:INXN) ended the last trading day at $25.84. Company weekly volatility is calculated as 1.48% and price to cash ratio as 30.91.InterXion Holding NV (NYSE:INXN) showed a negative weekly performance of -0.92%.
j2 Global (NASDAQ:JCOM) Director Stephen Ross unloaded 10,620 shares of j2 Global stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of $47.90, for a total value of $508,698.00. Following the completion of the transaction, the director now directly owns 10,400 shares of the company’s stock, valued at approximately $498,160. J2 Global Inc. (NASDAQ:JCOM) net profit margin is 24.70% and weekly performance is 2.76%. On last trading day company shares ended up $48.09. Analysts mean target price for the company is $55.80. J2 Global Inc. (NASDAQ:JCOM) distance from 50-day simple moving average (SMA50) is 1.17%.