Traders Are Watching : NanoViricides (NYSEMKT:NNVC), Glu Mobile (NASDAQ:GLUU), Air Industries Group (NYSEMKT:AIRI), W&T Offshore (NYSE:WTI)

Technology Stocks News 20

NanoViricides, Inc. (NYSE MKT:NNVC) (the “Company”) reports that it is restarting its drug development program to combat Ebola virus infections. NanoViricides, Inc. (NYSEMKT:NNVC) belongs to Healthcare sector. Its weekly performance is 0.25%. On last trading day company shares ended up $3.99. NanoViricides, Inc. (NYSEMKT:NNVC) distance from 50-day simple moving average (SMA50) is -2.16%.

Glu Mobile Inc. (NASDAQ:GLUU), a leading global developer and publisher of free-to-play games for smartphone and tablet devices, today announced that the company has agreed to acquire Cie Games – creators of Racing Rivals, the leading racing franchise on iOS and Android. Glu agreed to pay total consideration of approximately $100 million – approximately $30 million in cash and approximately $70 million in shares of the company’s common stock valued based on the average closing price of Glu’s common stock for the ten consecutive trading days through July 29, 2014. Glu expects the acquisition to close by the end of August 2014.Glu Mobile, Inc. (NASDAQ:GLUU) shares moved down -4.43% in last trading session and ended the day at $5.18. GLUU Gross Margin is 66.30% and its return on assets is -17.40%. Glu Mobile, Inc. (NASDAQ:GLUU) quarterly performance is 26.34%.

On June 19,2014 Air Industries Group (NYSEMKT:AIRI) today announced that its Board of Directors has approved a quarterly cash dividend to its shareholders.A quarterly dividend of $0.15 per common share will be paid on July 10, 2014, to all shareholders of record as of the close of business on June 30, 2014.On 05 August, Air Industries Group (NYSEMKT:AIRI) shares moved down -2.30% and was closed at $9.79. AIRI EPS growth in last 5 year was 15.40%. Air Industries Group (NYSEMKT:AIRI) year to date (YTD) performance is 12.27%.

Analysts at Barclays dropped their target price on shares of W&T Offshore (NYSE:WTI) from $20.00 to $18.00 in a research report issued to clients and investors on Wednesday.  W&T Offshore Inc. (NYSE:WTI) ended the last trading day at $12.98. Company weekly volatility is calculated as 4.51%and price to cash ratio as 48.36. W&T Offshore Inc. (NYSE:WTI) showed a weekly performance of -7.48%.

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