Trending STocks: Apple Inc. (NASDAQ:AAPL), GW Pharmaceuticals PLC- (NASDAQ:GWPH), Facebook Inc (NASDAQ:FB), Zynga Inc (NASDAQ:ZNGA)

Posted by on Apr 24, 2014

Apple Inc. (NASDAQ:AAPL), reported a fiscal second-quarter profit of $11.62 a share on revenue of $45.6 billion. Analysts surveyed by FactSet had forecast Apple to earn $10.19 a share on revenue of $43.7 billion. Apple Inc. (NASDAQ:AAPL), shares after opening at $529.06 moved to $531.13 on last trade day and at the end of the day closed at $524.75. Company price to sales ratio in past twelve months was calculated as 2.69 and price to cash ratio as 11.50. Apple Inc. (NASDAQ:AAPL), showed a positive weekly performance of 1.31%.

GW Pharmaceuticals PLC- ADR (NASDAQ:GWPH), continues to surge in the market by highs of 12.17% at the back of the company’s stock receiving major endorsements. Morgan Stanley kick started the endorsements by starting coverage with an “Overweight” rating. They currently have a $103 share price target on the company’s stock which is an 80% compared to the current trading margins. The second endorsement that is uplifting GW Pharmaceuticals in the markets comes from Jim Cramer. GW Pharmaceuticals PLC- ADR (NASDAQ:GWPH), shares advanced 13.90% in last trading session and ended the day on $69.32. GW Pharmaceuticals PLC- ADR (NASDAQ:GWPH), return on equity ratio is recorded as -33.10% and its return on assets is -18.10%.

On April 23, 2014, Facebook Inc (NASDAQ:FB) announced its first quarter results after the market closed. In the past few quarters, the company has proved its mettle in mobile advertising. Wall Street expects the social networking giant to report $2.36 billion in revenues and $0.24 per share in non-GAAP earnings. Facebook Inc (NASDAQ:FB), shares moved down 2.65% in last trading session and was closed at $61.36, while trading in range of $ 61.26 – 63.48. Facebook Inc (NASDAQ:FB), year to date (YTD) performance is 12.28%.

Zynga Inc (NASDAQ:ZNGA), issued an update on its FY14 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $0.01-0.03 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.02, American Banking News reports. Zynga also updated its Q2 guidance to $0.00-0.01 EPS. Zynga Inc (NASDAQ:ZNGA), weekly performance is 10.22%. On last trading day company shares ended up $4.42. Zynga Inc (NASDAQ:ZNGA), distance from 50-day simple moving average (SMA50) is -8.63%. Analysts mean target Price for the company is $4.31.

Leave a Reply

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