Stock analysts at Guggenheim boosted their target price on shares of Five Below (NASDAQ:FIVE) from $54.00 to $57.00 in a report issued on Wednesday, American Banking News reports. The firm currently has a “buy” rating on the stock. Guggenheim’s price target indicates a potential upside of 50.00% from the stock’s previous close. Five Below Inc (NASDAQ:FIVE) stock opened today at $43.90 and is currently trading at $43.90. The stock showed a positive weekly performance of 0.93%.
China XD Plastics Company Limited (NASDAQ: CXDC, “China XD Plastics” or the “Company”), one of China’s leading specialty chemical players engaged in the development, manufacture and sale of modified plastics primarily for automotive applications, announced its financial results for the fourth quarter and the full year endedDecember 31, 2013 . China XD Plastics Co Ltd (NASDAQ:CXDC) stock opened at $5.45, in current trading session and currently is at $5.50, by gaining 12.70%.The 52 week range of $3.80-$5.90. Company’s market capitalization is $263.27 million.
PMC Commercial Trust (NASADQ:PMCT) will begin trading ex-dividend on March 26, 2014. A cash dividend payment of $5.595 per share is scheduled to be paid on March 25, 2014. Shareholders who purchased PMCT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 55850% increase over the prior month. PMC Commercial Trust (NASDAQ:PMCT) stock is currently trading at $4.69 .The EPS of the stock is 0.09. Company’s market capitalization is $49.70 million.
HomeAway, Inc. (Nasdaq:AWAY) yesterday announced the pricing of $350 million aggregate principal amount of convertible senior notes due 2019 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”). HomeAway also granted the initial purchasers of the notes a 30-day option to purchase up to an additional $52.5 million aggregate principal amount of the notes to cover over-allotments, if any. The sale of the notes to the initial purchasers is expected to settle on March 31, 2014, subject to customary closing conditions, and is expected to result in $339.7 million in net proceeds to HomeAway after deducting fees and estimated offering expenses payable by HomeAway (assuming no exercise of the initial purchasers’ over-allotment option). HomeAway, Inc. (NASDAQ:AWAY) stock opened the session at $40.21, and now is at $40.16. The 52 week range of the AWAY stock remained $27.27-$48.90 and the day range was $39.67-$40.48.