Microvision Inc. (NASDAQ:MVIS), on 25 Mar, 2014 announced that it has entered into an agreement with United Parcel Service Inc (NYSE:UPS) and will supply the global leader in logistics, shipping, package distributing and freight forwarding customized PicoP® display modules. Microvision, Inc. (NASDAQ:MVIS) shares after opening at $1.97 moved to $2.10 on last trade day and at the end of the day closed at $2.01. Company price to sales ratio in past twelve months was calculated as 14.63 and price to cash ratio as 15.98. Microvision, Inc. (NASDAQ:MVIS) showed a positive weekly performance of 1.52%.
The Veeva Systems Inc (NYSE:VEEV) on Mar. 31 announced the closing of its previously announced underwritten public offering of 13,800,000 shares of its Class A common stock at a price to the public of $26.35 per share, which included 1,800,000 shares issued upon the exercise in full of the underwriters’ option to purchase additional shares. A total of 1,390,000 shares were sold by Veeva, and a total of 12,410,000 shares were sold by certain selling stockholders. Veeva did not receive any proceeds from the sale of shares by the selling stockholders. Morgan Stanley & Co. LLC, Deutsche Bank Securities Inc. and J.P. Morgan Securities LLC acted as joint book-running managers for the offering. Veeva Systems Inc (NYSE:VEEV) shares advanced 0.38% in last trading session and ended the day on $26.39. VEEV return on equity ratio is recorded as 7.10% and its return on assets is 4.80%.
Equities research analysts at Macquarie assumed coverage on shares of Splunk (NASDAQ:SPLK) in a research note issued to investors on Monday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $90.00 price target on the stock. Macquarie’s target price would indicate a potential upside of 20.16% from the stock’s previous close.Splunk Inc (NASDAQ:SPLK) shares moved down -5.05% in last trading session and was closed at $71.12, while trading in range of $70.27-$76.26. Splunk Inc (NASDAQ:SPLK) year to date performance is 3.57%.
Plug Power Inc. (Nasdaq:PLUG), a leader in providing clean, reliable energy solutions, announced it has acquired the assets of ReliOn Inc., a developer of hydrogen fuel cell stack technology and fuel cell systems based in Spokane, WA.he acquisition adds valuable fuel cell stack technology and products that Plug Power plans to integrate into several models of its GenDrive fuel cell systems with first deployments this year.Plug Power Inc (NASDAQ:PLUG) weekly performance is 15.97%. On last trading day company shares ended up $7.48. Plug Power Inc (NASDAQ:PLUG) distance from 50-day simple moving average is 50.61%. Analysts mean target price for the company is $7.75.