Stocks in Focus : AK Steel Holding (NYSE:AKS), Regeneron Pharmaceuticals (NASDAQ:REGN), Kayne Anderson Energy Development (NYSE:KED), Penn Virginia (NYSE:PVA), China Information (NASDAQ:CNIT)

Technology Stocks News 8

Shares of AK Steel Holding (NYSE:AKS) have been given a consensus recommendation of “Hold” by the ten ratings firms that are covering the company. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating on the company.  AK Steel Holding Corporation (NYSE:AKS) belongs to Basic Materials sector. Its net profit margin is -1.70% and weekly performance is 0.63%. On last trading day company shares ended up $9.59. AK Steel Holding Corporation (NYSE:AKS) distance from 50-day simple moving average (SMA50) is 16.35%.

Regeneron Pharmaceuticals (NASDAQ:REGN) Chairman P Roy Vagelos sold 11,972 shares of Regeneron Pharmaceuticals stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $340.11, for a total transaction of $4,071,796.92. Following the completion of the transaction, the chairman now directly owns 256,568 shares of the company’s stock, valued at approximately $87,261,342. The transaction was disclosed in a legal filing with the SEC. Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) shares advanced 0.25% in last trading session and ended the day at $348.62. REGN Gross Margin is 88.20% and its return on assets is 12.90%. Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) quarterly performance is 18.00%.

Kayne Anderson Energy Development (NYSE:KED) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a report released on Monday.  On 15 August, Kayne Anderson Energy Development Company (NYSE:KED) shares advanced 1.89% and was closed at $35.59. KED EPS growth in last 5 year was 26.20%. Kayne Anderson Energy Development Company (NYSE:KED) year to date (YTD) performance is 33.70%.

On August 4, 2014 Penn Virginia Corporation (NYSE:PVA) today announced that it has closed the previously announced sale of its Mississippi assets to an undisclosed buyer. The gross cash proceeds of the sale were approximately $73 million. In addition, we received approximately $35 million, including accrued interest, as a settlement of arbitration related to our significant 2013 Eagle Ford acquisition.Penn Virginia Corporation (NYSE:PVA) ended the last trading day at $13.30. Company weekly volatility is calculated as 3.66%and price to cash ratio as 37.88. Penn Virginia Corporation (NYSE:PVA) showed a weekly performance of 2.07%.

China Information Technology, Inc. (Nasdaq: CNIT), a leading provider of integrated internet-based platforms, products and services in China, announced that the Company entered into a strategic partnership with CITIC Securities Co., Ltd. (“CITIC”) (Shanghai Stock Exchange: 600030). China Information Technology, Inc. (NASDAQ:CNIT) shares fell -0.49% in last trading session and ended the day on $5.05. China Information Technology, Inc. (NASDAQ:CNIT) quarterly performance is 19.55%.

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