Rite Aid Corporation (NYSE:RAD), a leading retail drugstore in the U.S., saw its shares up nearly 1 percent despite receiving a downgrade note from Zacks. Rite Aid Corporation (NYSE:RAD), net profit margin is 0.80% and weekly performance is 3.84%. On last trading day company shares ended up $7.57. Analysts mean target price for the company is $8.20. Rite Aid Corporation (NYSE:RAD), distance from 50-day simple moving average (SMA50) is -0.01%.
PetSmart, Inc. (NASDAQ:PETM), shares surged after hedge fund Jana Partners LLC disclosed an activist stake in the pet-care company and urged it to undertake a strategic review, including a potential sale. PetSmart, Inc. (NASDAQ:PETM), advanced 12.50% in last trading session and ended the day on $67.28. PETM, Gross Margin is 30.50% and its return on assets is 16.60%. PetSmart, Inc. (NASDAQ:PETM), quarterly performance is -4.14%.
Cree, Inc. (NASDAQ:CREE), Falling prices for LED street lights have spurred a global transition from older lamp technologies to newer, more efficient, and more controllable LEDs. LEDs offer city residents improved nighttime visibility and city managers cost savings from reductions in both energy consumption and maintenance costs. According to a new report from Navigant Research, the market share of LEDs in street lighting worldwide will grow from 53.3% in 2014 to 93.8% in 2023. Cree, Inc. (NASDAQ:CREE), shares moved up 5.01% in last trading session and was closed at $52.83, while trading in range of $52.04 – 53.33. Cree, Inc. (NASDAQ:CREE), year to date (YTD) performance is -15.50%.
Alembic Global Advisors assumed coverage on shares of URS Corp (NYSE:URS), in a research note issued on Thursday. The firm set a “neutral” rating and a $48.00 price target on the stock. Alembic Global Advisors’ target price indicates a potential upside of 4.87% from the stock’s previous close. URS Corp (NYSE:URS), ended the last trading day at $50.72. Company weekly volatility is calculated as 2.83% and price to cash ratio as 15.14. URS Corp (NYSE:URS), showed a positive weekly performance of 12.26%.
Valhi, Inc. (NYSE:VHI), Insider Harold Simmons Foundation Inc sold 89,552 shares of Valhi stock in a transaction that occurred on Thursday, June 19th. The shares were sold at an average price of $5.11, for a total transaction of $457,610.72. Following the transaction, the insider now directly owns 1,922,061 shares in the company, valued at approximately $9,821,732. Valhi, Inc. (NYSE:VHI), net profit margin is -3.00% and weekly performance is 23.79%. On last trading day company shares ended up $7.44. Analysts mean target price for the company is $5.00. Valhi, Inc. (NYSE:VHI), distance from 50-day simple moving average (SMA50) is 16.78%.