Momentum Stocks: CEMEX, S.A.B. de C.V. (NYSE:CX), Merck & Co. Inc. (NYSE:MRK), Ciena Corporation (NYSE:CIEN), Diana Containerships (NASDAQ:DCIX), Perry Ellis International (NASDAQ:PERY)

Technology Stocks News 3

Cemex SAB de CV (NYSE:CX) on 1st October announced it entered a new credit agreement for US$1.35bn with nine of the main lending banks from its Facilities Agreement of 17 September 2012. CEMEX, S.A.B. de C.V. (NYSE:CX) belongs to Industrial Goods sector. Its net profit margin is -4.00% and weekly performance is -11.38%. On last trading day company shares ended up $11.21. CEMEX, S.A.B. de C.V. (NYSE:CX) distance from 50-day simple moving average (SMA50) is -13.32%.

On 8 October Pamela Demain, Executive Director for Business Development and Licensing at Merck & Co. Inc., (NYSE:MRK) has been elected President of the Licensing Executives Society (U.S.A. and Canada), Inc., during the Societys 50th Anniversary Annual Meeting. Merck & Co. Inc. (NYSE:MRK) shares decreased -4.30% in last trading session and ended the day at $56.14. MRK Gross Margin is 60.20% and its return on assets is 5.40%. Merck & Co. Inc. (NYSE:MRK) quarterly performance is -2.35%.

Ciena Corporation (NYSE:CIEN) CEO Gary B. Smith sold 14,068 shares of Ciena stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $18.47, for a total transaction of $259,835.96. Following the sale, the chief executive officer now directly owns 401,398 shares in the company, valued at approximately $7,413,821. On 13 October, Ciena Corporation (NYSE:CIEN) shares decreased -1.79% and was closed at $14.25. CIEN EPS growth in last 5 year was -31.80%. Ciena Corporation (NYSE:CIEN) year to date (YTD) performance is -40.45%.

Diana Containerships Inc. (NASDAQ:DCIX), a global shipping company specializing in the ownership of containerships, on 10 October announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v “YM Great,” a 2004-built Post-Panamax container vessel of 5,576 TEU capacity that the Company entered into an agreement to purchase on August 7, 2014. Diana Containerships Inc. (NASDAQ:DCIX) ended the last trading day at $1.93. Company weekly volatility is calculated as 4.97% and price to cash ratio as 3.71. Diana Containerships Inc. (NASDAQ:DCIX) showed a weekly performance of -4.93%.

Shares of Perry Ellis International Inc. (NASDAQ:PERY) have been given an average recommendation of “Hold” by the nine analysts that are covering the stock, American Banking and Market News reports. Five analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $20.63. Perry Ellis International Inc. (NASDAQ:PERY) shares decreased -0.75% in last trading session and ended the day at $19.82. PERY Gross Margin is 33.80% and its return on assets is -3.50%. Perry Ellis International Inc. (NASDAQ:PERY) quarterly performance is 13.39%.

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