Belus Capital upgraded shares of J.C. Penney Company, Inc. (NYSE:JCP) from a sell rating to a hold rating in a report issued on Thursday, Stock Ratings News reports. They currently have $9.00 target price on the stock. J.C. Penney Company, Inc. (NYSE:JCP) shares after opening at $8.44 moved to $8.44 on last trade day and at the end of the day closed at $7.70. Company price to sales ratio in past twelve months was calculated as 0.20 and price to cash ratio as1.55. J.C. Penney Company, Inc. (NYSE:JCP) showed a negative weekly performance of -13.29%.
NQ Mobile Inc (ADR) (NYSE:NQ) reported mixed results for the fourth quarter. Earnings in the quarter dipped massively while revenue jumped significantly. The company reported fourth quarter earnings per share of $0.22. Analysts expected the company to earn $0.32 per share. EPS in the corresponding quarter one year ago was $0.23. NQ Mobile Inc (ADR)(NYSE:NQ) shares fell -20.58% in last trading session and ended the day on $12.70. NQ return on equity ratio is recorded as 2.80% and its return on assets is 2.40%. NQ Mobile Inc (ADR)(NYSE:NQ) yearly performance is 47.85%.
Canadian Solar Inc. (NASDAQ:CSIQ) raises fund to support development of pipeline projects and take the advantage of increasing opportunities. The Company has flexible balance sheet with strong cash flow position which help the Company to fund late-stage solar projects. As of December 31, 2013, Canadian Solar has a cash balance of $679.4 million and external borrowings of $201.9 million only for utility-scale solar power projects. It includes both short-term borrowings and log-term debt. Canadian Solar Inc. (NASDAQ:CSIQ) shares moved down -6.33% in last trading session and was closed at $24.99, while trading in range of $24.90 – 27.41. Canadian Solar Inc. (NASDAQ:CSIQ) year to date (YTD) performance is -16.20%.
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) announced that the Company is teaming up with FC Bayern Munchen (“FC Bayern”) and Chinese Football Association (“CFA”) to bring underprivileged football talents to the FC Bayern Youth Cup final, which will be held in May 2014 at FC Bayern’s training ground in Munich, Germany. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) weekly performance is -13.00%. On last trading day company shares ended up $3.88. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) distance from 50-day simple moving average (SMA50) is -29.55%. Analysts mean target price for the company is $6.64.