ION Geophysical Corp. (NYSE:IO) saw strong trading volume on Friday following a better than expected earnings announcement, Stock Ratings News reports. 6,023,717 shares were traded during trading, an increase of 126% from the previous session’s volume of 2,665,597 shares. Shares of Ion Geophysical Corp (NYSE:IO) closed at $4.13 in last trading session. Yesterday share price of the company was traded in the range of $4.02 to $4.26. Company now has a market value of $674.46 million. Ion Geophysical Corp (NYSE:IO) price to sales ratio in past twelve months was calculated as 1.29 and price to cash ratio as 7.33.
Alibaba Group Holding is offering to take Chinese digital mapping and navigation company AutoNavi Holdings Ltd (ADR) (NASDAQ:AMAP) private in a deal that values the entire business at approximately $1.58 billion. AutoNavi’s stock surged more than 26 percent in Monday premarket trading. AutoNavi Holdings Ltd (ADR) (NASDAQ:AMAP) stock traded in the range of $20.32 – $20.49 and at the end of the day, it closed at $20.35. Average trading volume of the company is $2.25 M. AutoNavi Holdings Ltd (ADR) (NASDAQ:AMAP) return on equity ratio is recorded as 4.80% and its return on assets is 3.30%.
Marin Software (NASDAQ:MRIN)‘s stock had its “buy” rating reaffirmed by analysts at Deutsche Bank in a research report issued to clients and investors on Wednesday, Stock Ratings Network.com reports. Marin Software Inc (NYSE:MRIN) after opening at $12.30, moved down -2.01% to $12.21 on last trading day. Company’s 52 week range is $8.50 – $19.95.
The Kase Capital Management founder on Friday lauded internet phone provider MagicJack VocalTec Ltd (NASDAQ:CALL) comparing it to Netflix Inc. The prediction that MagicJack shares could rise tenfold sent the shares up nearly 20%—enough to make some options traders who bought up $15 February call options on the stock very happy. magicJack VocalTec Ltd (NASDAQ:CALL) stock hit highest price at $17.25, beginning with a price of $17.56 and decreased -1.93% to the close at $17.25 with day range of $17.19 – $17.60. The total market capitalization of the stock is $320.03 million.
Tech Sector Weeks 20% gainers: Ion Geophysical (NYSE:IO), AutoNavi (NASDAQ:AMAP), Marin Software (NYSE:MRIN), magicJack VocalTec (NASDAQ:CALL)