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Tech Losers In News: Yandex NV, Trina Solar Limited, Mobile TeleSystems OJSC, VimpelCom

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By on Economy

Yandex NV shares plunged today after Russia invaded Crimea, which is part of the Ukraine. Now Russia occupies a number of strategic locations in the area, and the U.S. and other nations in the West denounced the occupation, threatening sanctions if Russia doesn’t back off. On last trading day Yandex NV (NASDAQ:YNDX) ended up -14.05% lower to close at $32.23 while trading in the range of $31.55 – $34.47. Its return on assets (ROA) is 27.00% while return on investment (ROI) is 19.20%. Yandex NV (NASDAQ:YNDX) monthly performance is -12.75%.

Cowen and Company restated their outperform rating on shares of Trina Solar (NYSE:TSL) in a report released on Friday, Analyst Ratings News reports. Trina Solar Limited (ADR) (NYSE:TSL) in last trading activity ended up at $14.75 with day range of $14.66 – $15.57. Company weekly performance is -2.06% while its quarterly performance stands at 4.91%. Trina Solar Limited (ADR) (NYSE:TSL) is -17.32% away from its 52 week high.

Shares of Mobile TeleSystems OJSC (ADR) (NYSE:MBT) and VimpelCom Ltd both plunged about 10% today after Russian soldiers advanced into Ukraine’s Crimean peninsula over the weekend. Mobile TeleSystems OJSC (ADR) (NYSE:MBT) belongs to Technology sector with market capitalization of 15.83 B. In last trading activity company’s stock closed at $15.92 while opening price was $15.11.

VimpelCom Ltd. (NASDAQ:VIP), a leading global provider of telecommunications services, today announces that it plans, in line with the Company’s Financial Calendar 2014 which was released on January 16, 2014, to publish its operating and financial results for the fourth quarter of 2013 on March 6, 2014, at 7:00 am CET. On Monday shares of VimpelCom Ltd (ADR) (NASDAQ:VIP) opened at $9.33 and closed at $9.65. This year Company’s Earnings per Share (EPS) growth is 269.40% and next year’s estimated EPS growth is 6.35%. Analysts mean target price for is $12.41.

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