Comverse, Inc. (NASDAQ:CNSI)’s stock fell 11.86% to $22 in the pre-market hour. The company on June 2 announced that it holds a dominant market share in North America for VoLTE-based (Voice over LTE) services. Several leading communication service providers (CSPs) have made Comverse their sole provider for IP messaging and voicemail services — paving a clear path for richer customer experiences throughout the region. Comverse helps CSPs leverage IP and VoLTE to exploit the capabilities of their 4G networks to deliver rich new voice, video and messaging services while realizing significant cost efficiencies. Comverse Inc (NASDAQ:CNSI) net profit margin is 2.90% and weekly performance is -5.97%. On last trading day company shares ended up $22.83. Analysts mean target price for the company is $36.00. Comverse Inc (NASDAQ:CNSI) distance from 50-day simple moving average (S 22.83 MA50) is -16.47%.
1347 Property Insurance Holdings, Inc. (NASDAQ:PIH) a property and casualty insurance holding company offering homeowners’ and dwelling insurance to individuals in Louisiana through its wholly-owned subsidiary, Maison Insurance Company (“Maison”), announced financial results for its first quarter ended March 31, 2014. Derived by dividing net losses and loss adjustment expenses of $384 thousand by net premiums earned of $4,114 thousand for March 31 2014, and by dividing net losses and loss adjustment expenses of $1,847 thousand by net premiums earned of $915 thousand for March 31 2013. 1347 Property Insurance Holdings Inc (NASDAQ:PIH) shares advanced 2.99% in last trading session and ended the day on $8.26. Its return on assets is -7.00%.
On June 5, Acura Pharmaceuticals Inc (NASDAQ:ACUR) was downgraded by analysts at TheStreet from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Tuesday. Acura Pharmaceuticals, Inc. (NASDAQ:ACUR) shares moved down -4.81% in last trading session and was closed at $0.990, while trading in range of $0.98 – $1.06. Acura Pharmaceuticals, Inc. (NASDAQ:ACUR) year to date (YTD) performance is -40.72%.
On June 2, Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) a leading provider of advanced LED lighting solutions, announced the completion of a major LED lighting project at Baldor Specialty Foods in the Hunts Point area of the Bronx, NY.Revolution Lighting Technologies Inc (NASDAQ:RVLT) ended the last trading day at $2.17. Company weekly volatility is calculated as 6.25% and price to cash ratio as 179.29. Revolution Lighting Technologies Inc (NASDAQ:RVLT) showed a negative weekly performance of -8.05%.
June 5, 2014 Amedica Corporation (NASDAQ:AMDA) a commercial biomaterial company focused on using its Silicon Nitride technology platform to develop, manufacture and sell a broad range of medical devices, announced that it will cease distribution of amniotic derived allograft products under a distribution agreement with a third party supplier. Amedica Corporation (NASDAQ:AMDA) weekly performance is -16.90%. On last trading day company shares ended up $4.77. Analysts mean target price for the company is $11.50. Amedica Corporation (NASDAQ:AMDA) distance from 50-day simple moving average (SMA50) is -27.90%.