Investors are known to be on the look for stocks with strong future growth preposition of which Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) seem to be showing in the market. The company’ stock continues to surge in the market having grown by 19.3% over the past year alone. The company’s stock commands a growth estimate of 68.9% for the current fiscal year showing its high growth metrics Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) stock opened at $14.35 in last session, and closed at $15.50, while the day range of HIMX stock is $14.16-$15.80. The stock showed a positive weekly performance of 13.99%.
On 6th March, around 500 shares of MeetMe Inc (NYSEMKT:MEET) was traded for the August 2 calls at 1.350. The average daily trading volume is around 300 contracts and the open interest is around 457 contracts. The open interest is also higher now. Because of this, there seems to be a lot of short coverings happening for the August 1 calls. On checking the volatility, we can find that the 30 day implied volatility comes to around 120% which is currently trading above the 10 Day Historical. On other hand, the 10 day implied volatility is reported at 83%. The trade seems to be marking sale on checking the open interest, it seems to be an opening transaction. Mostly it consists of buy write for capturing the $0.29 of premium which is essentially a good return on risk. MeetMe Inc (NYSEMKT:MEET) stock opened at $4.10, in last session and closed at $4.17, by gained 10.32%. The 52 week range was $1.07-$4.39. Company’s market capitalization is $160.45 million.
Analysts at Deutsche bank currently rate Montage technology stock as a “buy” as the company continues to show significant strengths in impressive earnings per share as well as good returns On Revenue for the fourth quarter. Deutsche bank analysts have a share price target of $23 on Montage stock. Analysts at Barclays on the other hand downgraded the company’s stock from an overweight to an “equal weight” with a share price target of $16 down from highs of $20. Montage technology average rating in the market currently stands at a “buy” with an average share price of $20.82 Montage Technology Group Ltd (NASDAQ:MONT) stock gained 20.40% and finished the last session at $20.66. The EPS of the stock remained 0.74. Company’s market capitalization is $547.00 million.
InfoSonics Corporation (NASDAQ:IFON) noted that its growth in fourth quarter came from sales improvements in markets such as Puerto Rico, Mexico and Peru. The company also noted improvement in private label sales in APAC and EMEA regions. Sales in the fourth quarter were up 40 percent to $11.9 million. It thus goes that the company is fast getting hold of key developing markets. In the fourth quarter IFON earned net income of $125,000, reflecting 1 cent per share. That compared with loss of $1.2 million or 8 cents per share in the corresponding quarter last year. The encouraging performance in the fourth quarter was helped by improvement in gross profit margin which moved up to 16.9 percent from $16 percent in the same period last year. InfoSonics Corporation (NASDAQ:IFON) was a mover in the last session, gaining 3.37 percent to $3.68, on a day that more than daily average volume was traded. InfoSonics Corporation (NASDAQ:IFON) stock opened the session at $3.70, and closed the session at $4.16. The 52 week range of the IFON stock remained $0.38-$4.48 and the day range was $3.59-$4.48.