On May 21, InfoSonics Corporation (NASDAQ:IFON) announced the launch of its new verykool® s505 smartphone, the most dynamic mobile handset the company has offered to date. The s505, nicknamed the “Spark,” has an ultra high-end design. It is powered by a 1.3 GHz quad core processor and is equipped with the Android 4.2 (Jelly Bean) operating system. The phone will be upgradable to Android 4.4 (KitKat) in the near future via a partnership with Red Bend Software, the market leader in mobile software management. InfoSonics Corporation (NASDAQ:IFON) net profit margin is 0.50% and weekly performance is 6.96%. On last trading day company shares ended up $2.46. Analysts mean target price for the company is $7.00. InfoSonics Corporation (NASDAQ:IFON) distance from 50-day simple moving average (SMA50) is -11.72%.
QuickLogic Corp. (NASDAQ:QUIK) VP Timothy Saxe unloaded 59,584 shares of QuickLogic Corp. stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $3.79, for a total transaction of $225,823.36. Following the completion of the transaction, the vice president now directly owns 34,906 shares of the company’s stock, valued at approximately $132,294. QuickLogic Corporation (NASDAQ:QUIK) shares advanced 7.13% in last trading session and ended the day on $4.36. Gross Margin is 33.70% and its return on assets is -37.90%. QuickLogic Corporation (NASDAQ:QUIK) quarterly performance is -17.42%.
Gogo Inc (NASDAQ:GOGO) kept ascending after posting better-than-expected results a week earlier. UBS kicked off the new week by upgrading the stock. A day later, Gogo announced that it was teaming up with Apigee to create a new platform that will deliver innovative apps for passengers and crew members. Later in the week Gogo increased its order for in-flight radio modems, a strong sign that business is taking off. Gogo Inc (NASDAQ:GOGO) shares moved up 5.60% in last trading session and was closed at $18.67, while trading in range of $17.36 – $19.03. Gogo Inc (NASDAQ:GOGO) year to date (YTD) performance is -24.78%.
On May 22, Netlist Inc (NASDAQ:NLST) CEO Chun K. Hong unloaded 350,000 shares of Netlist stock on the open market in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $1.29, for a total transaction of $451,500.00. Following the completion of the sale, the chief executive officer now directly owns 85,568 shares in the company, valued at approximately $110,383. Netlist, Inc. (NASDAQ:NLST) ended the last trading day at $1.32. Company weekly volatility is calculated as 14.34% and price to cash ratio as 8.17. Netlist, Inc. (NASDAQ:NLST) showed a positive weekly performance of 13.79%.
On May 27, Rediff.com India Limited (ADR) (NASDAQ:REDF) one of the premier worldwide online providers of news, information, communication, entertainment, mobile and shopping services, will release its results for the Fourth Quarter Ended March 31, 2014 at 8:30 am ET (5:30 am Pacific Time / 6:00 pm India Time) on Tuesday, June 3, 2014. Rediff.com India Limited (ADR) (NASDAQ:REDF) net profit margin is -66.50% and weekly performance is 4.41%. On last trading day company shares ended up $2.84. Analysts mean target price for the company is $ 3.50. Rediff.com India Limited (ADR) (NASDAQ:REDF) distance from 50-day simple moving average (SMA50) is 30.32%.