On 20 November Independence Realty Trust, Inc. (NYSEMKT: IRT) said it has commenced an underwritten public offering of 6 million shares of common stock. The company expects to grant the underwriter a 30-day option to purchase up to 900,000 additional shares of common stock. On Tuesday shares of Independence Realty Trust, Inc. (NYSEMKT: IRT) closed at $9.09. Company’s EPS growth for next 5 years is recorded as 5.00%.
Ceragon Networks Ltd. (NASDAQ:CRNT) announced further progress on several initiatives aimed at returning to profitability and increasing shareholder value. Ceragon is taking immediate action which is expected to reduce operating expenses by approximately 17% in 2015 compared to 2014. In addition, the company has begun implementing initiatives aimed at gradually improving gross margin, cash flow and working capital during 2015. Through the combination of these efforts, Ceragon intends to reach profitability in the second quarter of 2015. On last trading day Ceragon Networks Ltd. (NASDAQ:CRNT) moved down -8.85% to close at $1.03. Its volatility for the week is 8.77% while volatility for the month is 5.92%. CRNT’s sales growth for past 5 years was 10.70% and its EPS growth for past 5 years was -30.70%. Ceragon Networks Ltd. (NASDAQ:CRNT) monthly performance is -6.36%.
OGE Energy Corp. (NYSE:OGE) was downgraded by stock analysts at Jefferies Group from a “buy” rating to a “hold” rating in a report issued on Monday. They currently have a $35.50 price target on the stock, down from their previous price target of $42.00. Jefferies Group’s price target would indicate a potential upside of 3.44% from the stock’s previous close. On last trading day OGE Energy Corp. (NYSE:OGE) moved up 0.51% to close at $33.39. Its volatility for the week is 2.93% while volatility for the month is 1.91%. OGE’s sales growth for past 5 years was -6.80% and its EPS growth for past 5 years was 9.20%. OGE Energy Corp. (NYSE:OGE) monthly performance is -8.14%.
Dolby Laboratories, Inc. (NYSE:DLB) major shareholder Dagmar Dolby sold 80,000 shares of the company’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $45.35, for a total value of $3,628,000.00. Dolby Laboratories, Inc. (NYSE:DLB) has 0.90% insider ownership while its institutional ownership stands at 95.80%. In last trading activity company’s stock closed at $42.49.
On 2 December Ossen Innovation Co., Ltd. (NASDAQ:OSN) announced the completion of its 2014 annual general meeting of shareholders which was held at the Company’s headquarters located at 518 Shangcheng Road, Floor 17, Shanghai, China. On Tuesday shares of Ossen Innovation Co., Ltd. (NASDAQ:OSN) closed at $0.79. Company’s sales growth for last 5 years was 6.60%