Credit Suisse upgraded shares of 21Vianet (NASDAQ:VNET) from a neutral rating to an outperform rating in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm currently has $36.00 price target on the stock, up from their previous price target of $27.00. 21Vianet Group Inc. (NASDAQ:VNET) shares after opening at $30.63 moved to $32.19 on last trade day and at the end of the day closed at $31.55. Company price to sales ratio in past twelve months was calculated as 6.27 and price to cash ratio as 5.17. 21Vianet Group Inc. (NASDAQ:VNET) showed a positive weekly performance of 15.10%.
Rubicon Technology, Inc. (NASDAQ:RBCN), a leading provider of sapphire substrates and products to the LED, semiconductor and optical markets, yesterday announced the pricing of an underwritten public offering of 2,500,000 shares of its common stock by selling stockholders at a price to the public of $13.00 per share. RBCN shares fell -8.29% in last trading session and ended the day on $12.94. RBCN return on equity ratio is recorded as -14.30% and its return on assets is -13.80%. Rubicon Technology, Inc. (NASDAQ:RBCN) yearly performance is 127.02%.
Identive Group, Inc. (NASDAQ:INVE) announced that it has granted 3,000,000 stock options and 500,000 restricted stock units (RSUs) to Jason D. Hart, the company’s chief executive officer. Identive Group, Inc. (NASDAQ:INVE) shares moved up 7.50% in last trading session and was closed at $0.989, while trading in range of $0.90 – $1.05. Identive Group, Inc. (NASDAQ:INVE) year to date (YTD) performance is 70.69%.
Alimerka, a leading Spanish food grocery retailer, has selected multiple components from Manhattan Associates Inc. (NASDAQ:MANH) Supply Chain Commerce Solutions portfolio to enable new supply chain processes and maximize service levels across the 176 supermarket stores it operates in the Asturias, Castilla-Leon and Galicia regions of Northern Spain. Manhattan Associates, Inc. (NASDAQ:MANH) weekly performance is -5.10%. On last trading day company shares ended up $37.60. Manhattan Associates, Inc. (NASDAQ:MANH) distance from 50-day simple moving average (SMA50) is -14.51%. Analysts mean target price for the company is $38.00.
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