On June 6, MicroVision, Inc. (NASDAQ:MVIS) a leader in innovative ultra-miniature projection display technology, announced that it is collaborating with a major global consumer electronics brand to develop a display engine for use in an innovative smartphone product. Microvision, Inc. (NASDAQ:MVIS) weekly performance is 16.29%. On last trading day company shares ended up $2.07. Analysts mean target price for the company is $3.50. Microvision, Inc. (NASDAQ:MVIS) distance from 50-day simple moving average (SMA50) is 18.50%.
On June 2, Alliance Fiber Optic Products Inc (NASDAQ:AFOP) tumbled -9.10% after SEC filing revealed Alliance Fiber Optic Products CEO Peter Chang sold a total of 203,332 shares between Tuesday and Wednesday at a price of roughly $21.06 per share. Alliance Fiber Optic Products Inc (NASDAQ:AFOP) shares advanced 2.29% in last trading session and ended the day on $21.90. Gross Margin is 39.00 % and its return on assets is 22.80%. Alliance Fiber Optic Products Inc (NASDAQ:AFOP) quarterly performance is 58.93%.
On June 4, 2014, – Sanmina Corp (NASDAQ:SANM) announced that, as of 5:00 p.m., New York City time, on June 3, 2014 (the “Early Tender and Consent Deadline”), it had received tenders and consents from holders of $264,415,000 in aggregate principal amount of its 7% Senior Notes due 2019 (the “Notes”), representing approximately 52.88% of the outstanding Notes, in connection with the Company’s previously announced cash tender offer and consent solicitation for any and all of the Notes (the “Offer”). Sanmina Corp (NASDAQ:SANM) shares moved up 2.94% in last trading session and was closed at $21.68, while trading in range of $21.00 – $21.99. Sanmina Corp (NASDAQ:SANM) year to date (YTD) performance is 29.82%.
On May 1,Nutrisystem, Inc. (NASDAQ:NTRI) a leading provider of weight management products and services, reported financial results for the quarter ended March 31, 2014 that exceeded previous guidance. The following are key financial highlights for the period and a reconciliation of GAAP to non-GAAP measures is provided later in this press release. Revenues of $122.2 million, an increase of 16% from revenues of $105.4 million in the first quarter of 2013, driven by growth in both the Direct and Retail channels; Cash, cash equivalents, and short term investments increased $3.2 million during the quarter to $29.5 million at March 31, 2014 from $26.3 million at December 31, 2013. The Company had no outstanding bank debt at quarter-end under its existing bank facility. NutriSystem Inc. (NASDAQ:NTRI) ended the last trading day at $16.53. Company weekly volatility is calculated as 3.60% and price to cash ratio as 16.13. NutriSystem Inc. (NASDAQ:NTRI) showed a positive weekly performance of 0.49%.
On May 28, Student Transportation Inc (NASDAQ:STB) announced a Monthly dividend on Wednesday, May 28th, American Banking News reports. Investors of record on Monday, June 16th will be paid a dividend of 0.0464 per share on Monday, June 16th. This represents a dividend yield of 8.24%. Student Transportation Inc (NASDAQ:STB) weekly performance is 0.32%. On last trading day company shares ended up $6.31. Analysts mean target price for the company is $6.70. Student Transportation Inc (NASDAQ:STB) distance from 50-day simple moving average (SMA50) is 1.75%.