RingCentral, Inc. (NYSE:RNG) a leading provider of cloud business phone systems, earned the Strategy Innovation Award at the San Francisco Chief Strategy Officer Summit recently for having the most Disruptive Strategy. RingCentral was recognized for pioneering the strategic initiative “Mobile First”. RingCentral Inc (NYSE:RNG) net profit margin is -34.10% and weekly performance is 4.68%. On last trading day company shares ended up $12.74. Analysts mean target price for the company is $21.80. RingCentral Inc (NYSE:RNG) distance from 50-day simple moving average (SMA50) is -14.66%.
On June 5, Crossroads Systems, Inc. (NASDAQ:CRDS) a global provider of data archive solutions, reported financial results for its fiscal second quarter ended April 30, 2014. Revenue for fiscal Q2 2014 was $2.3 million, a decrease of 16 percent from $2.7 million in the same quarter a year ago. The decrease is primarily attributable to a decrease in the company’s OEM SPHiNX business as well as revenue from an intellectual property licensee. Gross profit for fiscal Q2 2014 was $1.8 million, or 80 percent of total revenue, as compared to $1.9 million or 70 percent of total revenue in the same quarter a year ago. Crossroads Systems, Inc. (NASDAQ:CRDS) shares advanced 8.40% in last trading session and ended the day on $2.58. Gross Margin is 78.80% and its return on assets is -116.40%. Crossroads Systems, Inc. (NASDAQ:CRDS) quarterly performance is -1.53%.
On Jun 5, 2014 UniPixel, Inc. (NASDAQ:UNXL), a provider of Performance Engineered Films™ to the touch screen, flexible printed electronics and display markets, will hold a conference call on Wednesday, June 25, 2014 at 4:30 p.m. Eastern time to discuss the company’s progress towards achieving a reliable, high-volume, roll-to-roll production process for its projected capacitive, multi-touch sensor films. UniPixel Inc (NASDAQ:UNXL) shares moved up 2.36% in last trading session and was closed at $7.38, while trading in range of $6.45 -$7.79. UniPixel Inc (NASDAQ:UNXL) year to date (YTD) performance is -26.27%.
Research analysts at Craig Hallum initiated coverage on shares of Liquid Holdings Group Inc (NASDAQ:LIQD) in a report released on Friday. The firm set a “buy” rating and a $2.50 price target on the stock. Craig Hallum’s target price would suggest a potential upside of 62.34% from the company’s current price. Liquid Holdings Group Inc (NASDAQ:LIQD) ended the last trading day at $1.58. Company weekly volatility is calculated as 9.86% and price to cash ratio as 39.03. Liquid Holdings Group Inc (NASDAQ:LIQD) showed a positive weekly performance of 6.76%.
Trina Solar Limited (ADR) (NYSE:TSL) a global leader in photovoltaic (“PV”) modules, solutions and services, today announced that it priced the offering of 8,800,000 American Depositary Shares (the “ADSs”), each representing 50 ordinary shares of the Company, par value of US$0.00001 per share (the “ADS Offering”), at US$11.00 per ADS. Trina Solar has granted the underwriters in the ADS Offering a 30-day option to purchase up to an additional 1,320,000 ADSs to cover over-allotments. Solar Limited (ADR) (NYSE:TSL) net profit margin is -4.10% and weekly performance is -18.80 %. On last trading day company shares ended up $11.10. Analysts mean target price for the company is $19.22. Trina Solar Limited (ADR) (NYSE:TSL) distance from 50-day simple moving average (SMA50) is -9.39%.