International Game Technology (NYSE:IGT) reached a new 52-week low on Wednesday after Telsey Advisory Group lowered their price target on the stock from $17.00 to $13.00, Stock Ratings Network reports. Telsey Advisory Group currently has a not rated rating on the stock. International Game Technology traded as low as $13.42 and last traded at $13.56, with a volume of 12,003,101 shares. The stock had previously closed at $14.85. International Game Technology (NYSE:IGT) shares after opening at $13.60 moved to $14.33 on last trade day and at the end of the day closed at $13.62. Company price to sales ratio in past twelve months was calculated as 1.46 and price to cash ratio as 5.41. International Game Technology (NYSE:IGT) showed a negative weekly performance of -9.38%.
On Feb. 13, 2014 VirnetX™ Holding Corporation (nysemkt:VHC), an Internet security software and technology company, announced that on February 12, 2014, the Patent Trial and Appeal Board (Board) at the United States Patent and Trademark Office (USPTO) denied Apple, Inc.’s motions for rehearing of the decisions not to institute seven of its requested inter partes reviews (IPRs). The Board had earlier found that Apple’s petitions for inter partes review were not filed within the time limit imposed by statute. In its motions for rehearing, Apple alleged that the Board misunderstood Apple’s arguments and incorrectly applied the law. In denying Apple’s motions, the Board explained that it had properly considered Apple’s arguments but found them to be without merit.VirnetX Holding Corporation (NYSEMKT:VHC) shares fell -8.10% in last trading session and ended the day on $12.70. VHC return on equity ratio is recorded as -67.60% and its return on assets is -59.50%.VirnetX Holding Corporation (NYSEMKT:VHC) yearly performance is -35.57%.
Rally Software Development Corp (NYSE:RALY) a leading global provider of cloud-based solutions for managing Agile software development, announced that the company’s Founder and Chief Technology Officer, Ryan Martens, has been named 2014 Business Person of the Year by the Boulder Chamber. As founder of Rally, Martens is being recognized for creating a company culture focused on giving back to the community and developing solutions that enable other businesses to accelerate the pace of innovation. Rally Software Development Corp (NYSE:RALY) shares moved down -6.61% in last trading session and was closed at $14.12, while trading in range of $13.63-$15.23. Rally Software Development Corp (NYSE:RALY) year to date performance is -27.40%.
On the ratings front, analysts at Cowen and Company downgraded shares of Uni-Pixel from an “outperform” rating to a “market perform” rating in a research note on Thursday, January 2nd. They now have a $10.00 price target on the stock, down previously from $41.00. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. Uni-Pixel currently has a consensus rating of “Hold” and an average target price of $42.82. UniPixel Inc (NASDAQ:UNXL) weekly performance is -6.38%. On last trading day company shares ended up $8.36. UniPixel Inc (NASDAQ:UNXL) distance from 50-day simple moving average is -13.61%. Analysts mean target price for the company is $12.33.