Trader’s Alert: Ixia (NASDAQ:XXIA), Equinix Inc (NASDAQ:EQIX), SINA Corp (NASDAQ:SINA), Renren Inc (NYSE:RENN)

Ixia (NASDAQ:XXIA)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Tuesday. They currently have a $12.00 target price on the stock, down from their previous target price of $16.00. Deutsche Bank’s target price indicates a potential upside of 1.61% from the company’s current price. Ixia (NASDAQ:XXIA) shares after opening at $11.18 moved to $11.37 on last trade day and at the end of the day closed at $11.29. Company price to sales ratio in past twelve months was calculated as 1.86and price to cash ratio as 10.14. Ixia (NASDAQ:XXIA) showed a negative weekly performance of -4.89%.

Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, announced that it will be celebrating the opening of its newest International Business Exchange™ (IBX®) data center in Dallas (DA6) wi th an exclusive launch event on Wednesday, June 11 from 4:00pm to 8:00pm CT at the Dallas InfoMart. The event will include a tour of the new state-of-the-art facility by Equinix’s solution architects followed by a reception of cocktails, premium hors d’oeuvres, music and special guests including representatives from Microsoft Azure. Equinix Inc (NASDAQ:EQIX) shares advanced 0.69% in last trading session and ended the day on $210.11. EQIX return on equity ratio is recorded as 5.60% and its return on assets is 1.80%. Equinix Inc (NASDAQ:EQIX) yearly performance is 12.41%.

On May 21, 2014, Sina Corp. (SINA) released its unaudited financial results for Q1 2014. For the quarter, revenues rose by 36.1% YoY to $171.5 million. Non-GAAP net income for Q1 2014 was $11.1 million, compared to $1.5 million in Q1 2013. SINA Corp (NASDAQ:SINA) shares moved down -0.60% in last trading session and was closed at $47.86, while trading in range of $47.35-$48.40. SINA Corp (NASDAQ:SINA) year to date performance is -43.19%.

——Renren Inc (NYSE:RENN) weekly performance is 0.30%. On last trading day company shares ended up $3.32. Renren Inc (NYSE:RENN) distance from 50-day simple moving average is -0.70%. Analysts mean target price for the company is $2.78.