Frontline Active Stocks in Broker Choice: Lionbridge Technologies (NASDAQ:LIOX), Achaogen (NASDAQ:AKAO)

Lionbridge Technologies, Inc. (NASDAQ:LIOX) [Trend Analysis] surged reacts as active mover, shares a gain 4.31% to traded at $5.81 and the percentage gap between open changing to regular change was 3.23%. Lionbridge Technologies, Inc. (LIOX) reported that it has signed a definitive contract to be acquired by an affiliate of H.I.G. Capital, LLC, a private equity investment firm.

Under the terms of the contract, Lionbridge stockholders will receive $5.75 per share in cash for each share of Lionbridge common stock, representing a 17% premium over Lionbridge’s 60 day-weighted average price per share as of December 09, 2016.Members of Lionbridge’s Board of Directors voting on the matter have unanimously authorized the merger contract and agreed to recommend that stockholders adopt the contract. The firm’s current ratio calculated as 1.90 for the most recent quarter. The firm past twelve months price to sales ratio was 0.62 and price to cash ratio remained 14.44. As far as the returns are concern, the return on equity was recorded as 11.10% and return on investment was 7.40% while its return on asset stayed at 3.30%. The firm has total debt to equity ratio measured as 1.15.

Achaogen, Inc. (NASDAQ:AKAO) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 148.19% to close at $13.03 with the total traded volume of 53.97 Million shares. Achaogen, Inc. (AKAO) reported that it has commenced an underwritten public offering of up to 5,750,000 shares of its common stock. All of the shares to be sold in the offering will be offered by Achaogen.

In addition, Achaogen expects to grant the underwriters of the offering a 30-day option to purchase up to an additional 862,500 shares of common stock at the public offering price, less underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The firm has institutional ownership of 74.60%, while insider ownership included 0.40%. Its price to sales ratio ended at 9.60. AKAO attains analyst recommendation of 1.90 with week performance of 138.21%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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