Trader’s Recap: Pandora Media Inc (NYSE:P), Newfield Exploration Co. (NYSE:NFX), SAP AG (ADR) (NYSE:SAP), Syntroleum Corp (NASDAQ:SYNM), eOn Communications Corporation (NASDAQ:EONC)

Posted by on Jun 05, 2014

It was the end of an era of sorts for Pandora Media Inc (NYSE:P) on Wednesday, as the Internet radio leader released its final monthly update on its audience listenership. For the past two years, Pandora has been providing data on a monthly basis about its share of the total U.S. radio market, its active listeners and its listener hours. In the future, Pandora will give such figures on a quarterly basis. Pandora Media Inc (NYSE:P) net profit margin is -9.80% and weekly performance is -3.04%. On last trading day company shares ended up $24.52. Analysts mean target price for the company is $34.44. Pandora Media Inc (NYSE:P) distance from 50-day simple moving average is -6.46%.

Analysts at Societe Generale upped their price target on shares of Newfield Exploration (NYSE:NFX) from $37.00 to $42.00 in a research report issued to clients and investors on Wednesday. Newfield Exploration Co. (NYSE:NFX) shares advanced 0.08% in last trading session and ended the day on $36.65. NFX Gross Margin is 73.80% and its return on assets is 4.80%. Newfield Exploration Co. (NYSE:NFX) quarterly performance is 27.83%.

Zacks restated their neutral rating on shares of SAP AG (NYSE:SAP) in a report issued on Friday. They currently have a $78.00 target price on the stock. SAP AG (ADR) (NYSE:SAP) shares moved down -1.27% in last trading session and was closed at $75.38, while trading in range of $75.25-$75.74. SAP AG (ADR) (NYSE:SAP) year to date performance is -11.89%.

On May 27,2014 Syntroleum Corporation (the “Company”) (NASDAQ:SYNM) a renewable and synthetic fuels technology company, announced that it has notified NASDAQ of its intent to voluntarily delist its common stock from the NASDAQ Capital Market subject to and contingent upon the consummation of the transactions contemplated by that certain asset purchase agreement, dated as of December 17, 2013, by and among the Company, Renewable Energy Group, Inc. and REG Synthetic Fuels, LLC (the “Asset Purchase Agreement”). Syntroleum Corp (NASDAQ:SYNM) ended the last trading day at $3.40. Company weekly volatility is calculated as 6.37% and price to cash ratio as 2.97. Syntroleum Corp (NASDAQ:SYNM) showed a negative weekly performance of -9.57%.

eOn Communications Corporation (NASDAQ:EONC) announced that, at the special meeting of their stockholders held on June 3rd and June 2nd, respectively, the merger of eOn and Inventergy was approved. The transaction is expected to be consummated on June 6th, subject to satisfaction of all closing conditions. eOn Communications Corporation (NASDAQ:EONC) net profit margin is -5.60% and weekly performance is -25.99%. On last trading day company shares ended up $2.62. eOn Communications Corporation (NASDAQ:EONC) distance from 50-day simple moving average is -35.58%.

Leave a Reply

Your email address will not be published. Required fields are marked *