Credit Agricole initiated coverage on shares of JD.Com Inc. (ADR) (NYSE:JD) in a research report sent to investors on Wednesday morning, TheFlyOnTheWall.com reports. The firm issued a buy rating and a $24.50 price target on the stock. JD.Com Inc. (ADR) (NASDAQ:JD) weekly performance is 15.57%. On last trading day company shares ended up $28.43. Analysts mean target price for the company is $24.50. JD.Com Inc. (ADR) (NASDAQ:JD) distance from 50-day simple moving average (SMA50) is 19.35%.
After ending Friday higher, Quiksilver Inc. (NYSE:ZQK) stock is extending gains through to Monday. The company began to recover from post-earnings falls following the disclosure of insider buys from two top executives and after UBS voiced its support for the company in a research note. Quiksilver, Inc. (NYSE:ZQK) shares advanced 5.98% in last trading session and ended the day on $3.90. ZQK gross Margin is 48.10% and its return on assets is -10.50%. Quiksilver, Inc. (NYSE:ZQK) quarterly performance is -49.68%.
FireEye Inc. (NASDAQ:FEYE) SVP Bahman Mahbod sold 49,509 shares of the stock on the open market in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $31.41, for a total transaction of $1,555,077.69. Following the transaction, the senior vice president now directly owns 811,787 shares of the company’s stock, valued at approximately $25,498,230. FireEye Inc. (NASDAQ:FEYE) shares moved up 5.46% in last trading session and was closed at $34.16, while trading in range of $32.13 – $35.44. FireEye Inc. (NASDAQ:FEYE) year to date (YTD) performance is -21.67%.
A clinical-stage bio-pharmaceutical company, Novavax, Inc. (NASDAQ:NVAX) announced the pricing of its public issue of 25 million shares, which was underwritten fully. Including the option to underwriters, a total of 28.75 million shares will be allotted to the public. Novavax, Inc. (NASDAQ:NVAX) ended the last trading day at $4.38. Company weekly volatility is calculated as 7.28% and price to cash ratio as 8.13.Novavax, Inc. (NASDAQ:NVAX) showed a negative weekly performance of -7.20%.
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Hittite Microwave Corporation (NASDAQ:HITT) by Analog Devices, Inc. (NASDAQ:ADI). Hittite Microwave Corp (NASDAQ:HITT) net profit margin is 24.90% and weekly performance is 34.50%. On last trading day company shares ended up $77.90. Analysts mean target price for the company is $67.25. Hittite Microwave Corp (NASDAQ:HITT) distance from 50-day simple moving average (SMA50) is 30.27%.