Origin Agritech Ltd. (NASDAQ:SEED), announced its Board has received a preliminary non-binding proposal letter from Hunan Xindaxin Company Limited, pursuant to which Xindaxin proposes to acquire the company for US$2.50 in cash per ordinary share. Origin Agritech Ltd. (NASDAQ:SEED), net profit margin is 0.10% and weekly performance is 9.46%. On last trading day company shares ended up $2.31. Analysts mean target price for the company is $10.00. Origin Agritech Ltd. (NASDAQ:SEED), distance from 50-day simple moving average (SMA50) is -12.02%.
Tofutti Brands Inc. (NYSEMKT:TOF), announced its results for the thirteen week period ended March 29, 2014. The Company reported net sales for the thirteen weeks ended March 29, 2014 of approximately $3.9 million compared with net sales of approximately $3.4 million for the thirteen weeks ended March 30, 2013, an increase of 12%. Tofutti Brands Inc. (NYSEMKT:TOF), advanced 5.25% in last trading session and ended the day on $4.61. TOF, Gross Margin is 27.20% and its return on assets is -30.94%. Tofutti Brands Inc. (NYSEMKT:TOF),quarterly performance is -17.83%.
In 2008, the China species group Agria Corporation (ADR) (NYSE:GRO), lost control of its China Branch, was a disgruntled executives take control. Company paid additional compensation to this Executive, this just got their assets back. In view of the companies ‘ assets are often held by the CEO or founder, and holding assets of disputes between executives can cause fatal damage to the company. China company Sunway education group (ChinaCast) case, the disputed United States shareholder control of the United States-listed company’s Board of Directors. Agria Corporation (ADR) (NYSE:GRO), shares moved up 5.22% in last trading session and was closed at $1.41, while trading in range of $1.35 – 1.45. Agria Corporation (ADR) (NYSE:GRO), year to date (YTD) performance is -4.08%.
Supreme Industries, Inc. (NYSEMKT:STS), CEO Mark Weber purchased 10,000 shares of the stock on the open market in a transaction dated Friday, May 9th. The stock was purchased at an average cost of $5.83 per share, with a total value of $58,300.00. Following the completion of the acquisition, the chief executive officer now directly owns 123,560 shares of the company’s stock, valued at approximately $720,355. Supreme Industries, Inc. (NYSEMKT:STS), ended the last trading day at $6.01. Company weekly volatility is calculated as 6.53% and price to cash ratio as 14.53. Supreme Industries, Inc. (NYSEMKT:STS), showed a negative weekly performance of 4.89%.