Trader’s Buzz: LifeLock (LOCK), Perfect World Co. (PWRD), Synaptics (SYNA)

LifeLock, Inc. (LOCK) shares are seeing notable weakness in midday trading, plummeting nearly 13% to $16.11. Ticker has fallen below its rising 50-day sma located at $16.95 level, making the $16 support all the more critical to hold. The move comes on a big volume too with the issue currently trading more than 5.9 million shares, which dwarfs the average volume of 1.23 million.

On valuation measures, LifeLock shares are currently priced at 28.59x this year’s forecasted earnings compared to the industry’s 8.46x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.24 and 24.17, respectively. Price/Sales for the same period is 3.86 while EPS is $0.56. Currently there are 8 analysts that rate LOCK a ‘Buy’, 1 rates it a ‘Hold’. No analyst rates it a ‘Sell’. LOCK has a median Wall Street price target of $20.00 with a high target of $25.00.

In the past 52 weeks, shares of Tempe, Arizona-based security and surveillance technology company have traded between a low of $10.48 and a high of $22.85. Shares are up 12.80% year-over-year.

Perfect World Co., Ltd. (PWRD) shares are higher by 22% in midday trading on Friday, as the stock continues to see gains following news that the co.’s board of directors has received a preliminary non-binding proposal letter dated Dec. 31, 2014 from its founder and chairman of the Board, Michael Yufeng Chi, to acquire all of the outstanding shares of Perfect World not currently owned by him in a going private transaction for $20.00 per ADS or $4.00 per ordinary share in cash.

Beijing-based Perfect World Co. said it has formed a special committee of independent directors (the “Independent Committee”) to consider this proposal, and that it intends to retain a financial advisor and legal counsel to assist it in its work.

PWRD shares recently gained $3.47 to $19.23. In the past 52 weeks, shares of the online game developer have traded between a low of $14.78 and a high of $26.25. Shares are down 9.27% year-over-year.

Synaptics Inc. (SYNA) was downgraded to ‘Sector perform’ from ‘Outperform’ by Pacific Crest on Friday. The equity research firm said it reduced the name’s rating based on limited catalysts given execution risks and share loss on fingerprint sensing. PC also said the company faces increased competition.

Synaptics Inc., currently valued at $2.37B, has a median Wall Street price target of $90.00 with a high target of $110.00. Approximately 1.25M shares have already changed hands, compared to the stock’s average daily volume of 1.00M.

In the past 52 weeks, shares of San Jose, California-based computer touchpad and touchscreen maker have traded between a low of $48.62 and a high of $93.27 with the 50-day MA and 200-day MA located at $65.23 and $75.43 levels, respectively. Additionally, shares of SYNA trade at a P/E ratio of 0.70 and have a Relative Strength Index (RSI) and MACD indicator of 42.30 and -0.77, respectively.

SYNA currently prints a one year return of about 32.87%. Ticker fell 6.70% in recent trading, changing hands at $64.24 a share.

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