NVIDIA Corporation (NASDAQ:NVDA) [Trend Analysis] knocking active thrust in leading trading session, shares a gain of 1.80% to 95.07 with around 12.01 Million shares have changed hands in this session. NVIDIA may show a revised shield android tv set-top box at CES 2017. So what exactly is going on with Nvidia’s Shield family of products? We may get that answer at the beginning of CES 2017 in early January. Typically, the company uses this time to reveal its automotive-related news, but there is a rumor that Nvidia plans to showcase a new Shield device during the event as well.
The rumor indicates that the company may have originally planned to reveal the device during 2016, but pushed the date back for unknown reasons. Nvidia’s first Shield-branded device was the controller-shaped Shield Portable in 2013 packing a flip-open 5-inch touch-enabled screen, the Tegra 4 processor, 2GB of system memory, and 16GB of internal storage. For some reason, Nvidia ditched that design and went with the Shield Tablet the following year using the Tegra K1 chip, and then re-released the device as the Shield Tablet K1 in 2015. Nvidia had planned to upgrade the tablet in 2016 but released its cancellation in August. The stock is going forward its fifty-two week low with 287.81% and lagging behind from its 52-week high price with -0.19%.
Similar, the positive performance for the quarter recorded as 52.00% and for the year was 186.01%, while the YTD performance remained at 191.21%. NVDA has Average True Range for 14 days of 3.47.
NV5 Global, Inc. (NASDAQ:NVEE) [Trend Analysis] retains strong position in active trade, as shares scoring 0.98% to $36.20 in a active trade session, while looking at the shares volume, around 60014 shares have changed hands in this session. NV5 Global, Inc. (NASDAQ:NVEE) released that it has acquired CivilSource, an infrastructure engineering consulting firm based in Irvine, California. CivilSource’s team of professionals specializes in the provision of comprehensive design and program management services on roadway, highway, and streets projects, as well as water and wastewater, flood control, and facilities projects.
Dickerson Wright, PE, Chairman and CEO of NV5, said, “The acquisition of CivilSource expands our opportunity to assist municipalities as they begin to receive much needed infrastructure support from federal and state funded agencies. We are impressed with what the team at CivilSource has accomplished in the last ten years.
They have become a major player in Los Angeles and Orange County, markets NV5’s existing infrastructure group in Southern California has aimed to enter. NV5 will be able to broaden the scope of services CivilSource is currently providing to their 60 plus active clients, and we anticipate continuous collaboration among our experts.” The firm has institutional ownership of 50.20%, while insider ownership included 4.20%. NVEE attains analyst recommendation of 1.30 with week’s performance of -0.96%. Investors looking further ahead will note that the Price to next year’s EPS is 28.00%.