Castlight Health, Inc. (NYSE:CSLT) a leading provider of enterprise healthcare cloud software, announced it has closed its previously announced initial public offering of 12,765,000 shares of its Class B common stock at a price to the public of $16.00 per share, which included 1,665,000 shares issued upon the exercise in full of the underwriters’ option to purchase additional shares. Castlight Health Inc (NYSE:CSLT) shares after opening at $23.00 moved to $24.00 on last trade day and at the end of the day closed at $21.42. Company price to sales ratio in past twelve months was calculated as 142.64 and price to cash ratio as 27.59. Castlight Health Inc (NYSE:CSLT) showed a negative weekly performance of -27.02%.
New Oriental Education & Tech. Group (NYSE:EDU) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report released on Tuesday, Stock Ratings Networkreports. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) shares advanced 7.52% in last trading session and ended the day on $29.47. EDU return on equity ratio is recorded as 20.90% and its return on assets is 13.40%. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) yearly performance is 66.40%.
Whiting USA Trust (NYSE:WHX)’s shares decreased 3.71% to $5.19. Russian Hill Capital, LP (“Russian Hill”), on Mar. 27 said it would like to make investors aware of new language that The Bank of New York Mellon Trust Company (the “Trustee”) has included in the latest annual report for Whiting USA Trust I (“WHX” or the “Trust”). Whiting USA Trust (NYSE:WHX) shares moved down -35.06% in last trading session and was closed at $3.50 while trading in range of $3.30 – $5.26 – Whiting USA Trust (NYSE:WHX) year to date (YTD) performance is -26.32%.
Intrexon Corporation (NYSE:XON), a leader in synthetic biology, announced the formation of Intrexon Energy Partners (IEP), a joint venture with a select group of external investors, to optimize and scale-up Intrexon’s gas-to-liquid (GTL) bioconversion platform for the production of fuels and lubricants. Intrexon Corp (NYSE:XON) weekly performance is -13.97%. On last trading day company shares ended up $24.21. Intrexon Corp (NYSE:XON) distance from 50-day simple moving average (SMA50) is -18.21%. Analysts mean target price for the company is $32.50.