Tag: NASDAQ:FITB

  • NASDAQ runners: Zynga Inc (NASDAQ:ZNGA), Broadcom Corporation (NASDAQ:BRCM), Applied Materials (NASDAQ:AMAT), Plug Power Inc (NASDAQ:PLUG), Fifth Third Bancorp (NASDAQ:FITB)

    There is good news for users of the Kindle. Zynga Inc (NASDAQ:ZNGA) has plans to release a new version of Farmville 2 for them. The recent version of Farmville 2 was released in the market on April 17. Its response has been overwhelming.Zynga Inc (NASDAQ:ZNGA) net profit margin is -13.20% and weekly performance is -2.93%. On last trading day company shares ended up $3.31. Analysts mean target price for the company is $4.62. Zynga Inc (NASDAQ:ZNGA) distance from 50-day simple moving average (SMA50) is -16.36%.

    Broadcom Corporation (NASDAQ:BRCM) saw a rise of 9.3 percent when it announced that it will look for greater opportunities to expand its business in the cellular baseband area. Broadcom Corporation (NASDAQ:BRCM) shares advanced 2.99% in last trading session and ended the day on $35.88. Gross Margin is 50.50% and its return on assets is % 3.50. Broadcom Corporation (NASDAQ:BRCM) quarterly performance is 19.60%.

    Applied Materials Inc (NASDAQ:AMAT) was the target of unusually large options trading activity on Tuesday. Stock investors acquired 35,491 call options on the company, Analyst Ratings Net reports. This represents an increase of approximately 382% compared to the typical volume of 7,370 call options. Applied Materials, Inc. (NASDAQ:AMAT) shares moved up 4.39% in last trading session and was closed at $21.42, while trading in range of $20.51 – $21.45. Applied Materials, Inc. (NASDAQ:AMAT) year to date (YTD) performance is 22.40%.

    Plug Power Inc. (NASDAQ:PLUG) on May 14 reported its 2014 first quarter results. Total revenue for the first quarter of 2014 was $5.6 million, comprised of $3.2 million for product revenue, $2.1 million for service revenue and $0.3 million for research and development (R&D) contract revenue. This compares to total revenue of $6.4 million in the first quarter of 2013, which was comprised of $4.7 million for product revenue, $1.3 million for service revenue and $0.4 million for R&D contract revenue. Net loss for the first quarter of 2014 was $75.9 million, or $0.57 per share on a basic and diluted basis. Plug Power Inc (NASDAQ:PLUG) ended the last trading day at $4.41. Company weekly volatility is calculated as 7.07% and price to cash ratio as 11.66. Plug Power Inc (NASDAQ:PLUG) showed a positive weekly performance of 10.25%.

    Research analysts at Sterne Agee started coverage on shares of Fifth Third Bancorp (NASDAQ:FITB) in a report released on Friday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $25.00 price target on the stock. Sterne Agee’s price objective suggests a potential upside of 19.33% from the company’s current price. Fifth Third Bancorp (NASDAQ:FITB) net profit margin is 52.70% and weekly performance is 2.37%. On last trading day company shares ended up $21.19. Analysts mean target price for the company is $24.11. Fifth Third Bancorp (NASDAQ:FITB) distance from 50-day simple moving average (SMA50) is -0.76%.