Hanwha SolarOne Co. Ltd. (NASDAQ:HSOL) has signed a memorandum of understanding (MOU) with the local government in Wuxi, China to develop 100 MW of distributed solar photovoltaic (PV) projects in an industrial zone in the city. Hanwha Solarone Co Ltd (NASDAQ:HSOL) shares after opening at $3.77 moved to $3.88 on last trade day and at the end of the day closed at $3.52. Company price to sales ratio in past twelve months was calculated as 0.43 and price to cash ratio as 1.74. Hanwha Solarone Co Ltd (NASDAQ:HSOL) showed a negative weekly performance of -1.40%.
Splunk Inc. (NASDAQ:SPLK) Director Thomas M. Neustaetter sold 1,500 shares of Splunk stock on the open market in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $88.38, for a total value of $132,570.00. Following the transaction, the director now directly owns 59,603 shares in the company, valued at approximately $5,267,713. Splunk Inc. (NASDAQ:SPLK) shares fell -5.19% in last trading session and ended the day on $84.78. SPLK return on equity ratio is recorded as -21.60% and its return on assets is -12.90%. Splunk Inc. (NASDAQ:SPLK) yearly performance is 120.44%.
Stratasys, Ltd. (NASDAQ:SSYS) had its price target increased by Needham & Company from $135.00 to $145.00 in a research report sent to investors on Tuesday morning, AnalystRatingsNetwork.com reports. Stratasys, Ltd. (NASDAQ:SSYS) shares moved down -6.89% in last trading session and was closed at $106.45, while trading in range of $106.12 – $114.50. Stratasys, Ltd. (NASDAQ:SSYS) year to date (YTD) performance is -20.97%.
Rally Software Development Corp (NASDAQ:RALY)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank in a report released on Friday, American Banking News reports. They currently have a $30.00 target price on the stock. Deutsche Bank’s price target would indicate a potential upside of 66.20% from the company’s current price. Rally Software Development Corp (NYSE:RALY) weekly performance is -9.76%. On last trading day company shares ended up $16.27. Rally Software Development Corp (NYSE:RALY) distance from 50-day simple moving average (SMA50) is -21.13%. Analysts mean target price for the company is $30.50.