Tag: Western Digital

  • Tech New Highs: Hewlett-Packard (NYSE:HPQ), Brocade Communications Systems (NASDAQ:BRCD), Verint Systems (NASDAQ:VRNT),Western Digital (NASDAQ:WDC)

    Hewlett-Packard Company (NYSE:HPQ) hit a one-year high of $33.45 at the close of trading on Tuesday after the company agreed to pay $57 million to settle a lawsuit that accused HP of defrauding shareholders when it allegedly abandoned a business plan it had promoted. Hewlett-Packard Company (NYSE:HPQ) shares after opening at $32.30 moved to $33.45 on last trade day and at the end of the day closed at $33.23. Company price to sales ratio in past twelve months was calculated as 0.56 and price to cash ratio as 3.90. Hewlett-Packard Company (NYSE:HPQ) showed a positive weekly performance of 2.06%.

    Brocade Communications Systems (NASDAQ:BRCD) VP Ken Cheng sold 15,000 shares of Brocade Communications Systems stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $10.35, for a total transaction of $155,250.00. Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares advanced 2.17% in last trading session and ended the day on $10.84. BRCD return on equity ratio is recorded as 13.40% and its return on assets is 8.70%. Brocade Communications Systems, Inc. (NASDAQ:BRCD) yearly performance is 94.96%.

    Verint Systems (NASDAQ:VRNT) has received a consensus recommendation of “Buy” from the nine ratings firms that are presently covering the stock, Stock Ratings Network reports. One analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $53.06. Verint Systems Inc. (NASDAQ:VRNT) shares moved up 4.96% in last trading session and was closed at $49.26, while trading in range of $47.70 – 49.99. Verint Systems Inc. (NASDAQ:VRNT) year to date (YTD) performance is 14.72%.

    Western Digital Corp (NASDAQ:WDC) company and a world leader in digital storage solutions, announced an agreement with storage distributor Promark Technology to resell WD Sentinel™ ultra-compact storage and server solutions and WD Arkeia business network backup solutions. Promark, a premier, U.S.-focused value added distributor (VAD) and wholly-owned subsidiary of Ingram Micro Inc. (NYSE: IM), the world’s largest technology distributor and global leader in IT supply-chain and mobile device lifecycle services. Western Digital Corp (NASDAQ:WDC) weekly performance is 4.46%. On last trading day company shares ended up $93.54. Western Digital Corp (NASDAQ:WDC) distance from 50-day simple moving average (SMA50) is 8.43%. Analysts mean target price for the company is $99.57.