Developer of telecommunications services for Internet Protocol 8×8, Inc. (NASDAQ:EGHT) shares witnessed insider trading after the announcement of its fourth quarter results on May 21. The company’s chief executive officer has acquired shares throwing various opinions about the move. 8×8, Inc. (NASDAQ:EGHT) net profit margin is 5.00% and weekly performance is -9.91%. On last trading day company shares ended up $6.91. Analysts mean target price for the company is $11.72. 8×8, Inc. (NASDAQ:EGHT) distance from 50-day simple moving average (SMA50) is -26.58%.
On May 20, 2014, Hutchinson Technology Incorporated (NASDAQ:HTCH) announced that company taking actions to further reduce costs and preserve cash, including a reduction of U.S. workforce by approximately 100 positions by the end of July 2014. Company expect financial results for fiscal third quarter ending June 28, 2014 to include a severance charges of approximately $1.3 million related to these actions. Hutchinson Technology Incorporated (NASDAQ:HTCH) shares advanced 7.00% in last trading session and ended the day on $2.14. HTCH gross Margin is 4.80% and its return on assets is -18.30%.Hutchinson Technology Incorporated (NASDAQ:HTCH) quarterly performance is -40.72%.
Majesco Entertainment Company (NASDAQ:COOL), an innovative provider of video games for the mass market, will announce its financial results for the second quarter of fiscal 2014 on Monday, June 9, 2014 after the U.S. market close. Majesco Entertainment Co. (NASDAQ:COOL) shares moved down -0.63% in last trading session and was closed at $0.317, while trading in range of $0.30 – $0.33. Majesco Entertainment Co. (NASDAQ:COOL) year to date (YTD) performance is -46.27%.
Streamline Health Solutions Inc. (NASDAQ:STRM) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research note issued on Wednesday, Analyst RN reports. They currently have a $4.70 price objective on the stock. Zacks‘s price objective would indicate a potential downside of 2.08% from the company’s current price. Streamline Health Solutions Inc. (NASDAQ:STRM) ended the last trading day at $4.80. Company weekly volatility is calculated as 9.05% and price to cash ratio as 19.41.Streamline Health Solutions Inc. (NASDAQ:STRM) showed a negative weekly performance of -9.77%.
Paycom Software Inc. (NYSE:PAYC) has been hiring new employees in Oklahoma City at such a rapid pace that the company recently built a 90,000-square-foot addition to its headquarters on Memorial Road — effectively doubling the size of its offices. Paycom Software Inc. (NYSE:PAYC) net profit margin is -9.10% and weekly performance is 5.12%. On last trading day company shares ended up $14.17. Analysts mean target price for the company is $19.00. Paycom Software Inc. (NYSE:PAYC) distance from 50-day simple moving average (SMA50) is -3.99%.