Facebook Inc. (NASDAQ:FB), Menlo Park, Calif., has taken criticism for its $19 billion acquisition of WhatsApp this year, but Grant says it was a good move for the cash-laden company to make. “They have highly valued currency and they’re using it to buy anything that’s a potential threat,” Grant said. Facebook Inc. (NASDAQ:FB) net profit margin is 21.40% and weekly performance is 4.59%. On last trading day company shares ended up $63.30. Analysts mean target price for the company is $77.91. Facebook Inc. (NASDAQ:FB) distance from 50-day simple moving average (SMA50) is 4.69%.
Alliance Fiber Optic Products Inc. (NASDAQ:AFOP) CEO Peter C. Chang sold 203,332 shares of Alliance Fiber Optic Products stock on the open market in a transaction dated Wednesday, May 28th. The stock was sold at an average price of $21.06, for a total transaction of $4,282,171.92. Following the transaction, the chief executive officer now directly owns 1,474,640 shares of the company’s stock, valued at approximately $31,055,918. Alliance Fiber Optic Products Inc. (NASDAQ:AFOP) shares fell -9.10% in last trading session and ended the day on $20.28. AFOP gross Margin is 39.00% and its return on assets is 22.80%.Alliance Fiber Optic Products Inc. (NASDAQ:AFOP) quarterly performance is 68.44%.
Shares of EXACT Sciences Corporation (NASDAQ:EXAS) slumped more than 4% on last trading session after Wedbush downgraded the biotechnology company from outperform to neutral. EXACT Sciences Corporation (NASDAQ:EXAS) shares moved down -5.00% in last trading session and was closed at $13.48, while trading in range of $13.35 – $13.74. EXACT Sciences Corporation (NASDAQ:EXAS) year to date (YTD) performance is 14.72%.
Quality Systems, Inc. (NASDAQ:QSII) , announced that its management will ring The NASDAQ Stock Market Closing Bell on Tuesday, June 3rd, 2014 at 4:00 PM EDT. Quality Systems, Inc. (NASDAQ:QSII) ended the last trading day at $15.57. Company weekly volatility is calculated as 7.63% and price to cash ratio as 9.97.Quality Systems, Inc. (NASDAQ:QSII) showed a negative weekly performance of -3.95%.
Investors certainly have to be happy with Bitauto Hldg Ltd (ADR) (NYSE:BITA) and its short term performance. After all, the stock has jumped by 23.8% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. Bitauto Hldg Ltd (ADR) (NYSE:BITA) net profit margin is 16.70% and weekly performance is 1.59%. On last trading day company shares ended up $41.64. Analysts mean target price for the company is $46.50. Bitauto Hldg Ltd (ADR) (NYSE:BITA) distance from 50-day simple moving average (SMA50) is 12.73%.