Chinese solar panel maker Trina Solar Limited (ADR) (NYSE:TSL), announced Friday morning that it priced a secondary offering of 8.8 million American Depositary Shares (ADSs) at $11 per ADS. Each ADS represents 50 ordinary shares. The company also granted the underwriters of the offering a 30-day over-allotment option on an additional 1.32 million ADSs. Trina Solar Limited (ADR) (NYSE:TSL), net profit margin is -4.10% and weekly performance is -18.80%. On last trading day company shares ended up $11.10. Analysts mean target price for the company is $19.22. Trina Solar Limited (ADR) (NYSE:TSL), distance from 50-day simple moving average (SMA50) is -9.39%.
On June 03, 2014, Rediff.com India Limited (ADR) (NASDAQ:REDF), announced results for its fourth quarter and fiscal year ended March 31, 2014. For the quarter ended March 31, 2014, the Company reported a 10% increase in overall revenues in rupee terms. In US Dollar terms, the overall revenues for the fourth fiscal quarter were $4.01 million, a 4% decline compared to $4.18 million reported in the comparable year-ago period. Much of this growth was driven by strength in the Company’s fee-based revenues and Online shopping marketplace, offset by declines in its traditional U.S. publishing business and in online advertising revenues. Rediff.com India Limited (ADR) (NASDAQ:REDF), advanced 23.01% in last trading session and ended the day on $2.94. NI, Gross Margin is 39.10% and its return on assets is -14.10%. Rediff.com India Limited (ADR) (NASDAQ:REDF), quarterly performance is 36.74%.
Inovio Pharmaceuticals Inc (NYSEMKT:INO), soared 6.54% after the company announced that its previously announced 1-for-4 reverse stock split shall become effective at 5 P.M., Thursday, June 5, 2014, and trading of the Company’s common stock on a post-reverse split basis shall commence on Friday, June 6, 2014. The common stock will continue to trade under the symbol “INO.” Inovio Pharmaceuticals Inc (NYSEMKT:INO), shares moved up 326.41% in last trading session and was closed at $9.85, while trading in range of $8.84 – 9.98. Inovio Pharmaceuticals Inc (NYSEMKT:INO), year to date (YTD) performance is -15.09%.
Angie’s List Inc (NASDAQ:ANGI), has earned a consensus recommendation of “Hold” from the twenty brokerages that are currently covering the stock, Stock Ratings Network.com reports. One research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and ten have given a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $21.12. Angie’s List Inc (NASDAQ:ANGI), ended the last trading day at $11.21. Company weekly volatility is calculated as 5.60% and price to cash ratio as 10.14. Angie’s List Inc (NASDAQ:ANGI), showed a positive weekly performance of 5.26%.
on June 4, 2014 NQ Mobile Inc (ADR) (NYSE:NQ), said on June 4, 2014 that the independent committee found no fraud practices in the company, as alleged by Muddy Waters Research Group, which is a short-seller. With this announcement, the shares of the company jumped rapidly. NQ Mobile Inc (ADR) (NYSE:NQ), net profit margin is 4.40% and weekly performance is 23.19%. On last trading day company shares ended up $9.35. Analysts mean target price for the company is $33.00. NQ Mobile Inc (ADR) (NYSE:NQ), distance from 50-day simple moving average (SMA50) is -22.00%.