Tag: NII Holdings

  • NASDAQ gainers: Plug Power Inc (NASDAQ:PLUG), Baidu Inc (NASDAQ:BIDU), First Solar, Inc. (NASDAQ:FSLR), NII Holdings Inc (NASDAQ:NIHD)

    Plug Power Inc (NASDAQ:PLUG) stock was holding on to a slight advance so far this week. Plug Power Inc (NASDAQ:PLUG) shares after opening at $7.08 moved to $7.28 on last trade day and at the end of the day closed at $7.21. Company price to sales ratio in past twelve months was calculated as 42.33 and price to cash ratio as 94.29. Plug Power Inc (NASDAQ:PLUG) showed a negative weekly performance of -4.38%.

    The premier social media company of China, Baidu Inc (ADR) (NASDAQ:BIDU) has been reported to have downsized its IPO for its popular microblogging site, Weibo. Baidu, which has recently won a case in US, filed against it for suppressing the democratic rights of citizens through its regulations on censorship of content, has filed for an IPO of about $437 million for Weibo, as opposed to the $500 it was being expected to. This seems to have come after the declining growth of users and the concerns relating to censorship which has reduced the valuation of the business from $7 billion to $3.9 billion. Baidu Inc (ADR) (NASDAQ:BIDU) shares advanced 5.19% in last trading session and ended the day on $150.96. BIDU return on equity ratio is recorded as 45.70% and its return on assets is 25.90%. Baidu Inc (ADR) (NASDAQ:BIDU) yearly performance is 77.87%.

    First Solar, Inc. (NASDAQ:FSLR) has had an amazing start this year with opening of new projects and entering into great investments. With all the its efforts the company has succeeded to create a bright future for itself and sooner or later the world will witness the era of the rise of solar power and solar power plants across the globe. One of the leading producers of solar energy will be First Solar. First Solar, Inc. (NASDAQ:FSLR) shares moved up 7.01% in last trading session and was closed at $72.77, while trading in range of $68.460-$74.00. First Solar, Inc. (NASDAQ:FSLR) year to date performance is 33.18%.

    Zacks restated their rating of “neutral” on NII Holdings Inc (NASDAQ:NIHD) shares of in the research note that was released to investors. Currently, they have a price target of $1.25 on the stock. The Zacks’ analyst wrote that NII Holdings Inc (NASDAQ:NIHD) reported tepid fiscal results for the Q4 of 2013 with its bottom line missing the average Zacks projection but the top- line beat the same. A higher churn, a weaker exchange-rate, lower-ARPU, higher operating- expenses, very stiff competition in the Latin-American markets & a high debt-burden might act as headwinds for NII Holdings Inc (NASDAQ:NIHD) going forward. In addition, limited 3G- deployment & the costs associated with that might further undermine its top-line growth. NII Holdings Inc (NASDAQ:NIHD) weekly performance is -5.74%. On last trading day company shares ended up $1.15. NII Holdings Inc (NASDAQ:NIHD) distance from 50-day simple moving average is -41.72%. Analysts mean target price for the company is $2.42.