Equities researchers at Piper Jaffray cut their price target on shares of Zynga (NASDAQ:ZNGA) from $5.00 to $4.50 in a research report issued on Thursday. Piper Jaffray’s target price indicates a potential upside of 36.36% from the stock’s previous close. Zynga Inc (NASDAQ:ZNGA) net profit margin is -13.20% and weekly performance is -2.09%. On last trading day company shares ended up $3.28. Analysts mean target price for the company is $4.65. Zynga Inc (NASDAQ:ZNGA) distance from 50-day simple moving average (SMA50) is -21.67%.
Lightinthebox Holding Co Ltd-ADR (NYSE:LITB) announced it will hold its annual general meeting of shareholders at ICBC Tower, 35/F, 3 Garden Road, Hong Kong on June 9, 2014 at 3:00 p.m., local time. Lightinthebox Holding Co Ltd-ADR (NYSE:LITB) shares advanced 7.41% in last trading session and ended the day on $5.51. LITB Gross Margin is 44.50% and its return on assets is -0.70%. Lightinthebox Holding Co Ltd-ADR (NYSE:LITB) quarterly performance is -48.74%.
MakeMyTrip Limited (NASDAQ:MMYT) was a big mover last session, as the company saw its shares rise nearly 20% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $19.25 to $22.88 in the past one-month time frame. MakeMyTrip Limited (NASDAQ:MMYT) shares moved down 5.22% in last trading session and was closed at $27.02, while trading in range of $25.01 – $28.97. MakeMyTrip Limited (NASDAQ:MMYT) year to date (YTD) performance is 40.29%.
On May 8, 2014, ENGlobal Corp (NASDAQ:ENG) announced its financial results for the first quarter ended March 29, 2014. Revenue of $26.9 million, a 33% increase; Gross profit margin of 22.6%, an increase of 10.9 percentage points; Net income from continuing operations of $1.8 million, an increase from a net loss of $(1.0) million. ENGlobal Corp (NASDAQ:ENG) ended the last trading day at $3.57. Company weekly volatility is calculated as 11.33% and price to cash ratio as 24.19. ENGlobal Corp (NASDAQ:ENG) showed a positive weekly performance of 36.26%.
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with large financial interests that they have only until May 27, 2014 to file lead plaintiff applications in a securities class action lawsuit against InterCloud Systems Inc (NASDAQ:ICLD). Investor losses must relate to purchases of the Company’s securities during the period of November 5, 2013 and March 17, 2014, inclusive. This action is pending in the United States District Court for the District of New Jersey. InterCloud Systems Inc (NASDAQ:ICLD) shares moved down 16.14% in last trading session and was closed at $5.11, while trading in range of $4.35 – $5.16. InterCloud Systems Inc (NASDAQ:ICLD) year to date (YTD) performance is -72.17%.