MGT Capital Investments, Inc. (NYSEMKT:MGT) [Trend Analysis] climbed reacts as active mover, shares a gain 3.12% to traded at $2.31 and the percentage gap between open changing to regular change was 23.66%. MGT Capital (MGT) to acquired certain technology and assets from Demonsaw. Demonsaw is a provider of a secure and anonymous file sharing software platform. In conjunction with the anticipated acquisition, co announces the proposed appointment of Eric Anderson as Chief Technology Officer upon closing of the transaction.
Anderson is the founder of Demonsaw. Closing of the acquisition is contingent on customary conditions including approval by MGT’s stockholders. Major terms of the deal include the payment to Demonsaw LLC members of 20.0 million restricted shares of its common stock. The firm’s current ratio calculated as 30.90 for the most recent quarter. The firm past twelve months price to sales ratio was 536.84 and price to cash ratio remained 67.11. As far as the returns are concern, the return on equity was recorded as -63.60%, while its return on asset stayed at -55.60%. The firm has total debt to equity ratio measured as 0.00. The firm has 20-Day Simple Moving Average has
Gannett Co., Inc. (NYSE:GCI) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -2.21% to $15.48. Gannett Co., Inc. (GCI) revealed that it has advised Tribune Publishing Co.’s (TPUB) stockholders to “withhold” their votes in connection with the election of directors at the Tribune 2016 annual meeting of stockholders to be held on June 2, 2016.
Gannett reported that it is encouraging Tribune stockholders to deliver a mandate to the Tribune Board that it should engage constructively with Gannett regarding its $15.00 per share all-cash premium offer to acquire Tribune. Gannett will review whether to proceed with its acquisition offer taking into account the results of the “withhold” vote at Tribune’s 2016 Annual Meeting and the latest Tribune actions, including its response to Gannett’s $15.00 per share offer. The share price of GCI attracts active investors, as stock price of week volatility recorded 3.22%. The stock is going forward to its 52-week low with 48.70% and lagging behind from its 52-week high price with -12.64%.
Anthem, Inc. (NYSE:ANTM) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -1.03% to close at $129.61 with the total traded volume of 1.65 Million shares. Anthem Inc. (ANTM) announced that it has received final order from Indiana Department of Insurance Commissioner Stephen Robertson, approving the company’s acquisition of Cigna HealthCare of Indiana, a wholly owned subsidiary of Cigna Corp. (CI).
On July 23, 2015 Anthem and Cigna entered into a definitive agreement whereby Anthem will acquire all outstanding shares of Cigna in a cash-and-stock transaction. The firm has institutional ownership of 91.30%, while insider ownership included 0.10%. Its price to sales ratio ended at 0.42. ANTM attains analyst recommendation of 2.00 with week performance of -3.12%.