Credit Suisse started coverage on shares of Jumei International Holding Ltd (ADR) (NYSE:JMEI) in a research report released on Wednesday morning,TheFlyOnTheWall.com reports. The firm issued a neutral rating and a $33.00 price objective on the stock. Jumei International Holding Ltd (ADR) (NYSE:JMEI) net profit margin is 3.30% and weekly performance is -5.01%. On last trading day company shares ended up $26.93. Analysts mean target price for the company is $34.00. Jumei International Holding Ltd (ADR) (NYSE:JMEI) distance from 50-day simple moving average (SMA50) is -0.01%.
Valhi, Inc. (NYSE:VHI) saw a big move last session, as the company’s shares fell by nearly 8% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for VHI, as the stock is now down 16.0% in the past one-month time frame, according to Zack. Valhi, Inc. (NYSE:VHI) shares fell -11.13% in last trading session and ended the day on $5.27. Gross Margin is 15.20% and its return on assets is -2.00%. Valhi, Inc. (NYSE:VHI) quarterly performance is -50.24%.
On May 29, Synergy Pharmaceuticals Inc. (NASDAQ:SGYP) announced the appointment of Paul Eng, Ph.D., as Senior Vice President, Drug Development. Dr. Eng will lead all clinical development operations for Synergy’s pivotal phase 3 program with plecanatide in patients with irritable bowel syndrome with constipation (IBS-C). Synergy Pharmaceuticals Inc (NASDAQ:SGYP) shares moved down -0.72% in last trading session and was closed at $4.16, while trading in range of $4.09 – $4.24. Synergy Pharmaceuticals Inc (NASDAQ:SGYP) year to date (YTD) performance is -25.05%.
May 14, 2014 — China XD Plastics Company Limited (NASDAQ:CXDC) announced its financial results for the first quarter ended March 31, 2014. Revenues for the first quarter of 2014 were $223.6 million, representing a year-over-year increase of 30.8% from $171.0 million in the first quarter of 2013. The increase in revenues was due to approximately 12.8% increase in sales volume and 14.0% increase in average RMB selling price of our products, driven by increasing demand for automotive polymer composite materials used in the parts of mid- and high-end branded automobiles by the Company’s major customers. China XD Plastics Co Ltd (NASDAQ:CXDC) ended the last trading day at $9.66. Company weekly volatility is calculated as 10.37% and price to cash ratio as 0.95. China XD Plastics Co Ltd (NASDAQ:CXDC) showed a negative weekly performance of -20.82%.
Vitesse Semiconductor Corporation (NASDAQ:VTSS) announced the pricing of an underwritten public offering of 7,462,675 shares of its common stock at a price to the public of $3.35 per share. After deducting the underwriting discount and estimated offering expenses payable by the Company, the Company expects to receive net proceeds of approximately $23.2 million, assuming no exercise of the over-allotment option. The Company has also granted to the underwriters a 30-day option to purchase, at the same price per share as the underwriters paid for the initial shares, an additional 1,119,401 shares to cover over-allotments in connection with the offering. Vitesse Semiconductor (NASDAQ:VTSS) net profit margin is -22.10% and weekly performance is -9.36%. On last trading day company shares ended up $3.39. Analysts mean target price for the company is $4.58. Vitesse Semiconductor (NASDAQ:VTSS) distance from 50-day simple moving average (SMA50) is -9.10%.