Oppenheimer dropped their target price on shares of Comverse Inc (NASDAQ:CNSI) from $44.00 to $36.00 in a research note issued on Wednesday, Stock Ratings News reports. The firm currently has an “outperform” rating on the stock. Comverse Inc (NASDAQ:CNSI) shares after opening at $26.50 moved to $27.49 on last trade day and at the end of the day closed at $26.41. Company price to sales ratio in past twelve months was calculated as 0.90 and price to cash ratio as 2.31. Comverse Inc (NASDAQ:CNSI) showed a negative weekly performance of -24.43%.
Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of Gigamon, Inc. (NYSE:GIMO). The investigation concerns possible violations of federal securities laws, and focuses on certain statements issued by the Company concerning Gigamon’s financial performance and prospects. Gigamon Inc (NYSE:GIMO) shares advanced 1.68% in last trading session and ended the day on $15.71. Gigamon Inc (NYSE:GIMO) return on equity ratio is recorded as -25.00% and its return on assets is -12.70%.
MFRI, Inc. (NASDAQ:MFRI) announced financial results for the fourth quarter and full year ended January 31, 2014. MFRI, Inc. (NASDAQ:MFRI) shares moved down -1.92% in last trading session and was closed at $9.19 while trading in range of $9.11 – $9.46 – MFRI, Inc. (NASDAQ:MFRI) year to date (YTD) performance is -35.96%.
Mediabistro Inc. (NASDAQ:MBIS) announced the speakers for theInside 3D Printing Conference and Expo with Maker Summit & Pavilion, taking place in South Korea June 12-13, 2014. Inside 3D Printing, which held successful events in Berlin and New York earlier this year, will be the first major 3D printing and additive manufacturing trade show in South Korea. Mediabistro Inc (NASDAQ:MBIS) weekly performance is -33.89%. On last trading day company shares ended up $1.19. Mediabistro Inc (NASDAQ:MBIS) distance from 50-day simple moving average (SMA50) is -47.54%. Analysts mean target price for the company is $1.30.