Tesla Motors Inc (NASDAQ:TSLA) Model S prices have been lowered in Germany and the Netherlands for reasons unknown. Many are expecting that low sales in the region are responsible for the price cuts, says a report from Cleantechnica. As reported by Inside EVs, a couple of weeks back, the official reason given by Tesla for the price cuts is the appreciation of the currency against the US dollar as Tesla follows a policy of “fairi pricing in all international markets. Tesla Motors Inc (NASDAQ:TSLA) shares after opening at $224.14 moved to $227.05 on last trade day and at the end of the day closed at $220.44. Company price to sales ratio in past twelve months was calculated as 13.45 and price to cash ratio as 32.01. Tesla Motors Inc (NASDAQ:TSLA) showed a negative weekly performance of -8.17%.
Experiencing the biggest change in open interest overnight was Sunedison Inc (NYSE:SUNE) April 20 call, which added nearly 38,500 contracts. A healthy portion of this volume — including a block of 19,147 contracts — traded at or above the ask price and the International Securities Exchange (ISE) confirms buy-to-open activity at the near-the-money strike. However, given that north of 51,600 contracts traded off the bid price at SUNE’s April 22 call, and open interest fell there overnight, it’s possible that some of the positions opened at the lower strike were the byproduct of a roll down strategy — a theory that Trade-Alert supports. Sunedison Inc (NYSE:SUNE) shares fell -0.67% in last trading session and ended the day on $19.36. SUNE return on equity ratio is recorded as -157.90% and its return on assets is -11.10%.Sunedison Inc (NYSE:SUNE) yearly performance is 345.06%.
Rackspace Hosting, Inc. (NYSE:RAX) was upgraded by Morgan Stanley (NYSE:MS) on a note issued to investors Tuesday. The firm elevated RAX from “equal weight” to “overweight” and went on to cite that the stock was poised to hit price target of $45. Analysts at Morgan Stanley observed that RAX shows ability to overcome the hurdles which caused it poor performance in the past year. Rackspace’s performance was dogged with decelerating revenue, issues of CEO retirement in February and intense competition. Rackspace Hosting, Inc. (NYSE:RAX) shares moved up 3.48% in last trading session and was closed at $33.86, while trading in range of $33.00-$35.70.Rackspace Hosting, Inc. (NYSE:RAX) year to date performance is -13.47%.
American Airlines Group (NASDAQ:AAL) has earned an average rating of “Buy” from the twelve brokerages that are currently covering the company, American Banking News reports. Three research analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $39.94. American Airlines Group Inc (NASDAQ:AAL) weekly performance is 1.47%. On last trading day company shares ended up $37.90. American Airlines Group Inc (NASDAQ:AAL) distance from 50-day simple moving average is 9.46%. Analysts mean target price for the company is $42.33.
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