Wave Systems Corp. (NASDAQ: WAVX) announced the closing of its previously announced $9.9 million placement of common stock and warrants to a group of institutional investors. With the placement’s completion, Wave’s At-The-Market (ATM) share issuance program has effectively ended. Wave Systems Corp. (NASDAQ:WAVX) net profit margin is -56.10% and weekly performance is -9.43%. On last trading day company shares ended up $1.44. Analysts mean target price for the company is $1.76. Wave Systems Corp. (NASDAQ:WAVX) distance from 50-day simple moving average is -6.59%.
Analysts at Credit Suisse reiterated a “hold” rating on shares of ANADIGICS in a research note on Wednesday. They now have a $2.00 price target on the stock. ANADIGICS, Inc. (NASDAQ:ANAD) shares fell -5.93% in last trading session and ended the day on $1.11. ANAD Gross Margin is 8.60% and its return on assets is -45.30%. ANADIGICS, Inc. (NASDAQ:ANAD) quarterly performance is -38.67%.
On Track Innovations (NASDAQ:OTIV) Director Dilip Singh bought 20,358 shares of On Track Innovations stock on the open market in a transaction that occurred on Tuesday, June 10th. The shares were purchased at an average price of $2.52 per share, with a total value of $51,302.16. The purchase was disclosed in a legal filing with the Securities & Exchange Commission. On Track Innovations Ltd (USA) (NASDAQ:OTIV) shares moved down -5.62% in last trading session and was closed at $2.35, while trading in range of $2.33-$2.53. On Track Innovations Ltd (USA) (NASDAQ:OTIV) year to date performance is -28.13%.
Analyst Lisa Thompson has upgraded the company from neutral to outperform giving the company a target price of $6.15, a premium of 107% to the $2.97 price on May 19th, the day the report was issued. Cyren Ltd (NASDAQ:CYRN) ended the last trading day at $3.03. Company weekly volatility is calculated as 4.39% and price to cash ratio as 34.73. Cyren Ltd (NASDAQ:CYRN) showed a negative weekly performance of -3.50%.