Big Movers : Net Element (NASDAQ:NETE), Epiq (NASDAQ:EPIQ), Cerulean Pharma (NASDAQ:CERU), Riverbed Technology, Inc. (NASDAQ:RVBD), Hooper Holmes Inc. (NYSEMKT:HH)

Technology Stocks News 11

Net Element International Inc (NASDAQ:NETE) the technology player proved to be a handful on the stock market with prices surging past its normal ranks, thanks to recent cover by research firm, See Thru Equity. The coverage led to the stock surging to prices as high as $3.27 per share. An announcement by the research firm noted that, “We are excited about NETE’s growth potential over the next 2-3 years. As merchants and consumers continue to shift to a cashless environment, we see NETE as an emerging leader in mobile payments, value-added services and technologies.” Net Element, Inc. (NASDAQ:NETE) belongs to Technology sector. Its weekly performance is -8.13%. On last trading day company shares ended up $1.92. Net Element, Inc. (NASDAQ:NETE) distance from 50-day simple moving average (SMA50) is -0.23%.

Epiq Systems, Inc. (NASDAQ:EPIQ) today announced results for the second quarter of 2014 with operating revenue of $115.5 million, up 10% compared to $105.0 million for the prior year quarter.  June 30, 2014 year-to-date operating revenue was $231.7 million, up 11% compared to $207.9 million for the prior year. Epiq Systems, Inc. (NASDAQ:EPIQ) shares remains unchanged in last trading session and ended the day at $14.14. EPIQ Gross Margin is 49.20% and its return on assets is 1.20%. Epiq Systems, Inc. (NASDAQ:EPIQ) quarterly performance is 10.73%.

Cerulean Pharma Inc. (NASDAQ:CERU), a leader in Dynamic Tumor Targeting(TM), announced on 3 June that three abstracts on its lead candidate, CRLX101, were included in the 2014 American Society of Clinical Oncology (ASCO) Annual Meeting held in Chicago from May 30 through June 3. On 04 August, Cerulean Pharma Inc. (NASDAQ:CERU) shares moved down -2.48% and was closed at $3.94. CERU EPS growth in last 5 year was 0.00%. Cerulean Pharma Inc. (NASDAQ:CERU) year to date (YTD) performance is -42.48%.

Riverbed Technology (NASDAQ:RVBD)‘s stock had its “hold” rating restated by investment analysts at Jefferies Group in a note issued to investors on Friday. They currently have a $17.00 price objective on the stock, down from their previous price objective of $19.00. Jefferies Group’s target price would suggest a potential downside of 7.51% from the company’s current price. Riverbed Technology, Inc. (NASDAQ:RVBD) ended the last trading day at $18.20. Company weekly volatility is calculated as 2.12%and price to cash ratio as 6.84. Riverbed Technology, Inc. (NASDAQ:RVBD) showed a weekly performance of -0.60%.

On May 13, 2014, Hooper Holmes, Inc. (NYSEMKT:HH) entered into a Purchase and Sale Agreement (the “Purchase and Sale Agreement”) for the sale to McElroy Deutsch Mulvaney & Carpenter, LLP (“MDMC”) of the buildings, land, certain personal property and other interests comprising the Company’s Basking Ridge, New Jersey property (the “Property”) for an aggregate purchase price of $3.05 million. Hooper Holmes Inc. (NYSEMKT:HH) shares increased 7.56% in last trading session and ended the day on $0.71. HH Gross Margin is 22.30% and its return on assets is -53.10%. Hooper Holmes Inc. (NYSEMKT:HH) quarterly performance is 20.32%.

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