Tag: MANH

  • Tech Losers: SolarCity (NASDAQ:SCTY), FireEye (NASDAQ:FEYE), Rubicon Technology (NASDAQ:RBCN), Manhattan Associates (NASDAQ:MANH)

    SolarCity Corp (NASDAQ:SCTY), the largest installer of residential solar equipment in the USs, reported its fourth quarter fiscal 2013 (4QFY13; ended December 31, 2013) and full year FY13 earnings after the bell yesterday. SolarCity Corp (NASDAQ:SCTY) shares after opening at $76.17 moved to $76.75 on last trade day and at the end of the day closed at $72.70. Company price to sales ratio in past twelve months was calculated as 40.97 and price to cash ratio as 43.68. SolarCity Corp (NASDAQ:SCTY) showed a negative weekly performance of -7.39%.

    FireEye (NASDAQ:FEYE) invented a purpose-built, virtual machine-based security platform that provides real-time protection to enterprises and governments worldwide against the next generation of cyber-attacks. FEYE shares fell -8.04% in last trading session and ended the day on $71.50. FireEye Inc. (NASDAQ:FEYE) return on equity ratio is recorded as -38.90% and its return on assets is -22.80%.

    Rubicon Technology (NASDAQ:RBCN) was upgraded by The Street from a “sell” rating to a “hold” rating in a research note issued on Wednesday, Stock Ratings Network reports. The analysts wrote, “Rubicon Technology (RBCN) has been upgraded by The Street Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. Rubicon Technology, Inc. (NASDAQ:RBCN) shares moved down -8.29% in last trading session and was closed at $12.94, while trading in range of $12.84 – $13.97. Rubicon Technology, Inc. (NASDAQ:RBCN) year to date (YTD) performance is 30.05%.

    Manhattan Associates (NASDAQ:MANH) Director John Huntz, Jr. unloaded 14,156 shares of Manhattan Associates stock on the open market in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $39.33, for a total transaction of $556,755.48. Following the completion of the sale, the director now directly owns 67,956 shares in the company, valued at approximately $2,672,709. Manhattan Associates, Inc. (NASDAQ:MANH) weekly performance is -5.10%. On last trading day company shares ended up $37.60. Manhattan Associates, Inc. (NASDAQ:MANH) distance from 50-day simple moving average (SMA50) is -14.51%. Analysts mean target price for the company is $38.00.