Tech Sector Unusual Volume: FEI Company (NASDAQ:FEIC), AU Optronics (NYSE:AUO), Supertex, Inc. (NASDAQ:SUPX), Schawk (NYSE:SGK)

Posted by on Apr 02, 2014

FEI Company (NASDAQ:FEIC) has been downgraded to “neutral” from “buy” with and $105 price target, D.A. Davidson said Monday. The firm said the ratings revision was a valuation call. FEI Company (NASDAQ:FEIC) shares after opening at $103.33 moved to $106.84 on last trade day and at the end of the day closed at $105.90. Company price to sales ratio in past twelve months was calculated as 4.82 and price to cash ratio as 9.08. FEI Company (NASDAQ:FEIC) showed a positive weekly performance of 3.75%.

AU Optronics Corp. (ADR) (NYSE:AUO) is setting up Star River Energy to invest in PV systems and solar power-generating stations, according to a report from DIgitimes. As part of the plan, AUO is selling its stake in Sungen Power. AU Optronics Corp. (ADR) (NYSE:AUO) shares advanced 4.02% in last trading session and ended the day on $3.62. AUO return on equity ratio is recorded as -5.90% and its return on assets is -1.70%. AU Optronics Corp. (ADR) (NYSE:AUO) yearly performance is -15.22%.

Zacks downgraded shares of Supertex (NASDAQ:SUPX) from an outperform rating to a neutral rating in a report issued on Tuesday,Analyst Ratings Net reports. They currently have $36.20 target price on the stock. Supertex, Inc. (NASDAQ:SUPX) shares was closed at $32.98, while trading in range of $32.98-$33.00. Supertex, Inc. (NASDAQ:SUPX) year to date performance is 31.66%.

The Shareholders Foundation announces that an investigation on behalf of investors, who currently hold shares of Schawk, Inc. (NYSE:SGK) shares, is ongoing concerning whether the takeover of Schawk. by Matthews International Corporation for a value of approximately $20.00 per share is unfair to NYSE:SGK stockholders. Schawk, Inc. (NYSE:SGK) weekly performance is 0.40%. On last trading day company shares ended up $20.06. Schawk, Inc. (NYSE:SGK) distance from 50-day simple moving average is 33.82%. Analysts mean target price for the company is $20.00.

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