Tag: The9 Limited

  • Tech Losers: Medidata Solutions NASDAQ:MDSO), Harmonic Inc (NASDAQ:HLIT), The9 Limited (NASDAQ:NCTY), Net Element International (NASDAQ:NETE)

    Medidata Solutions Inc (NASDAQ:MDSO) ‘s stock had its “buy” rating reiterated by Citigroup Inc. in a research note issued on Wednesday,American Banking & Market News reports. They currently have a $53.00 target price on the stock. Citigroup Inc.’s target price would suggest a potential upside of 20.65% from the stock’s previous close. Medidata Solutions Inc (NASDAQ:MDSO), shares after opening at $40.36 moved to $44.30 on last trade day and at the end of the day closed at $43.93. Company price to sales ratio in past twelve months was calculated as 8.83 and price to cash ratio as 10.14. Medidata Solutions Inc (NASDAQ:MDSO), showed a negative weekly performance of -8.86%.

    On April 22, 2014, Harmonic Inc (NASDAQ:HLIT) reported first-quarter net loss of $5.4 million or $0.06 per share, compared to net income of $6.4 million or $0.06 per share in the same period last year. Harmonic Inc (NASDAQ:HLIT), shares advanced 6.23% in last trading session and ended the day on $7.33. Harmonic Inc (NASDAQ:HLIT), return on equity ratio is recorded as 7.30% and its return on assets is 5.80%. Harmonic Inc (NASDAQ:HLIT), yearly performance is 21.76%.

    On March 25, 2014, The9 Limited (ADR) (NASDAQ:NCTY), an online game developer and operator, announced its unaudited financial results for the third quarter ended September 30, 2013 and the fourth quarter endedDecember 31, 2013 . The9 Limited (ADR) (NASDAQ:NCTY), shares moved up 6.49% in last trading session and was closed at $2.79, while trading in range of $ 2.51 – 2.83. The9 Limited (ADR) (NASDAQ:NCTY), year to date (YTD) performance is 28.57%.

    On April 22, 2014, Net Element International Inc (NASDAQ:NETE), a technology-driven group specializing in mobile payments and value-added transactional services in emerging countries and in the United States, is pleased to announce that the Company completed the first closing of $11.2 million from a new investor, Cayman Invest, SA (“Cayman Invest”). Net Element International Inc (NASDAQ:NETE), weekly performance is 8.66%. On last trading day company shares ended up $3.01. Net Element International Inc (NASDAQ:NETE), distance from 50-day simple moving average (SMA50) is -10.09%.