Yongye International, Inc (NASDAQ:YONG) disclosed in a regulatory filing that on March 26 the consortium including Full Alliance International Limited, Yongye and Yongye International Merger Sub Limited submitted a proposal via electronic mail to the special committee of the board of directors of the company in which it offered to increase the previously offered merger consideration payable to holders of the publicly held shares in connection with the proposed merger from $6.69 per share to $7 per share. Note Yongye previously announced on March that the proposal to approve the previously announced agreement and plan of merger among the company and the consortium did not receive approval from at least a majority of the issued and outstanding shares of common stock of the company. Yongye International, Inc (NASDAQ:YONG) shares after opening at $6.76 on last trade day and at the end of the day closed at $6.80. Company price to sales ratio in past twelve months was calculated as 0.54 and price to cash ratio as 3.41. Yongye International, Inc (NASDAQ:YONG) showed a positive weekly performance of 13.90%.
U.S. Energy Corp.(NASDAQ:USEG) on March 12, 2014 reported its 2013 highlights and selected financial results for the year ended December 31, 2013 and the period subsequent to year end, and provided an operational update. During the three months ended December 31, 2013, the Company produced 123,246 barrels of oil equivalent (“BOE”), or 1,340 BOE per day (“BOE/D”), from 113 gross (16.22 net) wells. Oil and gas operations generated operating income of $3.3 million during the quarter ended December 31, 2013 as compared to an operating loss of $3.3 million during the quarter ended December 31, 2012, including a $4.7 million non-cash impairment taken on our oil and gas properties during the three months ended December 31, 2012. U.S. Energy Corp.(NASDAQ:USEG) shares advanced 5.97% in last trading session and ended the day on $4.97. LNKD return on equity ratio is recorded as 31.50% and its return on assets is 21.00%. U.S. Energy Corp.(NASDAQ:USEG) yearly performance is 27.82%.
TheStreet Ratings team rates Lightbridge Corp (NASDAQ:LTBR) as a “sell” with a ratings score of D-. Lightbridge Corp (NASDAQ:LTBR) shares moved up 6.00% in last trading session and was closed at $3.18, while trading in range of $3.00 – $3.19. Lightbridge Corp (NASDAQ:LTBR) year to date (YTD) performance is 119.31%.
Synalloy Corp (NASDAQ:SYNL) was upgraded by analysts at Sidoti from a neutral rating to a buy rating. Synalloy Corporation (NASDAQ:SYNL) weekly performance is 4.69%. On last trading day company shares ended up $14.29. Synalloy Corporation (NASDAQ:SYNL) distance from 50-day simple moving average (SMA50) is -1.90%. Analysts mean target price for the company is $17.50.