Synopsys Inc. (NASDAQ:SNPS) [Trend Analysis] moved up reacts as active mover, shares a gain 0.05% to traded at $55.89 and the percentage gap between open changing to regular change was 0.02%. Synopsys Inc. (SNPS) reported that fiscal Q3 earnings of $64.7 million. The Mountain View, California-based company said it had net income of 42 cents per share. Earnings, adjusted for one-time gains and costs, were 76 cents per share. The results topped Wall Street expectations.
The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share. The maker of software used to test and develop chips posted revenue of $615.2 million in the period. For the current quarter ending in October, Synopsys expects its per-share earnings to range from 75 cents to 78 cents. The firm’s current ratio calculated as 0.90 for the most recent quarter. The firm past twelve months price to sales ratio was 3.67 and price to cash ratio remained 8.86. As far as the returns are concern, the return on equity was recorded as 7.60% and return on investment was 6.30% while its return on asset stayed at 4.80%. The firm has total debt to equity ratio measured as 0.08.
Apple Inc. (NASDAQ:AAPL) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.15% to $109.22. Apple Inc. (AAPL) released that a significant commitment by major supplier Lens Technology to run its Apple operations on entirely renewable energy. Lens Technology has committed to power all of its glass production for Apple with 100 percent renewable energy by the end of 2018, as part of Apple’s supply chain clean energy program announced last year.
Lens is the first supplier to make a clean energy commitment for all of its Apple production, and will meet its goal through an unprecedented power purchase agreement with local wind projects. The share price of AAPL attracts active investors, as stock price of week volatility recorded 0.97%. The stock is going forward to its 52-week low with 22.74% and lagging behind from its 52-week high price with -9.91%.
YY Inc. (NASDAQ:YY) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 1.03% to close at $49.08 with the total traded volume of 3.16 Million shares. YY Chairman Jun Lei resigns effective immediately, David Xueling Li to succeed Lei as the Chairman & resign as CEO. The firm announced that Mr. Jun Lei has tendered his resignation as the Chairman and a member of the Company’s Board of Directors, effective immediately, in order to focus his energy on Xiaomi, where he is currently Chairman and CEO.
Lei will remain a major investor, strategic partner and advisor for YY going forward. David Xueling Li, will succeed Lei as the Chairman and resign as CEO. Additionally, David Xueling Li will be delegated all voting rights for Mr. Jun Lei’s respective ownership. Rongjie Dong, who has served as Executive Vice President of YY since 2006, will be promoted to CEO of Huya broadcasting. The firm has institutional ownership of 58.10%, while insider ownership included 14.95%. Its price to sales ratio ended at 2.77. YY attains analyst recommendation of 2.50 with week performance of 8.92%.