T-Mobile US Inc (NYSE:TMUS) and BlackBerry Ltd (NASDAQ:BBRY) are ending the licensing agreement on account that the two do not share complementary strategies any more. BlackBerry Ltd (NASDAQ:BBRY) shares after opening at $8.05 moved to $8.28 on last trade day and at the end of the day closed at $8.21. Company price to sales ratio in past twelve months was calculated as 0.34 and price to cash ratio as 1.58. BlackBerry Ltd (NASDAQ:BBRY) showed a negative weekly performance of -10.37%.
On a related note, analysts at Thomson Reuters/Verus upgraded shares of Novatel Wireless Inc (NASDAQ:NVTL) from a “hold” rating to a “buy” rating in a research note on Monday. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $2.39. Novatel Wireless Inc (NASDAQ:NVTL) shares advanced 6.22% in last trading session and ended the day on $2.05. NVTL return on equity ratio is recorded as -49.60% and its return on assets is -24.20%. Novatel Wireless Inc (NASDAQ:NVTL) yearly performance is 0.99%.
Stock analysts at Craig Hallum assumed coverage on shares of Mandalay Digital Group (NASDAQ:MNDL) in a report issued on Friday,Stock Ratings News reports. The firm set a “buy” rating on the stock. Mandalay Digital Group Inc (NASDAQ:MNDL) shares moved down -5.63% in last trading session and was closed at $3.69, while trading in range of $3.64-$3.97. Mandalay Digital Group Inc (NASDAQ:MNDL) year to date performance is 40.84%.
After surpassing its previously announced revenue objective in reporting of year 2013 financial results, GTT Communications Inc (NYSEMKT:GTT) promised to be more focused on expanding its technology offering. The company said that its cloud networking technology had greater opportunities in the world market. GTT Communications Inc (NYSEMKT:GTT) weekly performance is 0.52%. On last trading day company shares ended up $9.75. GTT Communications Inc (NYSEMKT:GTT) distance from 50-day simple moving average is -8.84%. Analysts mean target price for the company is $16.00.