On May 19, 2014, Neonode, Inc (NASDAQ:NEON), the optical touch technology company, announced the closing of a previously-announced private placement of common stock for $10 million in gross proceeds. Neonode, Inc (NASDAQ:NEON), weekly performance is -2.19%. On last trading day company shares ended up $3.57. Analysts mean target price for the company is $11.08. Neonode, Inc (NASDAQ:NEON), distance from 50-day simple moving average (SMA50) is -33.56%.
On May 19, 2014, GSI Technology (GSI) (NASDAQ: GSIT), a leader in high-performance synchronous SRAM and low-latency DRAM products for the network and telecom markets, and MoSys Inc. (NASDAQ:MOSY), a leader in semiconductor solutions that enable fast, intelligent data access for network and communications systems, announced a dual-sourcing product and technology partnership. MoSys Inc. (NASDAQ:MOSY), advanced 2.61% in last trading session and ended the day on $3.14. MOSY, Gross Margin is 77.30% and its return on assets is -34.90%. MoSys Inc. (NASDAQ:MOSY), quarterly performance is -30.99%.
NeoPhotonics Corp (NYSE:NPTN)‘s stock had its “hold” rating restated by investment analysts at Deutsche Bank in a note issued to investors on Tuesday. They currently have a $4.50 target price on the stock, down from their previous target price of $5.50. Deutsche Bank’s target price suggests a potential upside of 13.64% from the company’s current price. NeoPhotonics Corp (NYSE:NPTN), shares moved down 0.51% in last trading session and was closed at $3.94, while trading in range of $3.89 – 4.13. NeoPhotonics Corp (NYSE:NPTN),year to date (YTD) performance is 44.19%.
On May 12, 2014, I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of wireless M2M asset management solutions, has received a purchase order valued at approximately $200,000 from Southeast Industrial Equipment, Inc., one of the largest dealers of material handling equipment in the southeast United States. The order is for initial deployment of I.D. Systems’ PowerBox™ wireless vehicle management system (VMS) on a fleet of lift trucks in a manufacturing plant of one of the world’s leading appliance manufacturers, a new end user of I.D. Systems’ solutions. I.D. Systems, Inc. (NASDAQ:IDSY), ended the last trading day at $3.96. Company weekly volatility is calculated as 6.53% and price to cash ratio as 4.55. I.D. Systems, Inc. (NASDAQ:IDSY), showed a negative weekly performance of 7.04%.
On May 16, 2014, MGT Capital Investments Inc. (NYSEMKT:MGT), announces financial and operating results for the first quarter ending March 31, 2014, and recent milestones achieved in the permitting process for the Montanore Silver-Copper Project. The Company reported a net loss of $1.5 million for the quarter ended March 31, 2014 compared to a net loss of $2.1 million for the quarter ended March 31, 2013. MGT Capital Investments Inc. (NYSEMKT:MGT), weekly performance is -5.88%. On last trading day company shares ended up $1.28. Analysts mean target price for the company is $2.00. MGT Capital Investments Inc. (NYSEMKT:MGT), distance from 50-day simple moving average (SMA50) is -27.93%.