RYB Education, Inc. (RYB) Forms $16.85 Double Bottom; Park West Asset Management Decreased Its Silicon Motion Technology Co (SIMO) Stake

January 13, 2018 - By Marie Mckinney

RYB Education, Inc. (RYB) formed double bottom with $15.50 target or 8.00% below today’s $16.85 share price. RYB Education, Inc. (RYB) has $482.99M valuation. The stock increased 0.30% or $0.05 during the last trading session, reaching $16.85. About 512,077 shares traded. RYB Education, Inc. (NYSE:RYB) has 0.00% since January 13, 2017 and is . It has underperformed by 16.70% the S&P500.

Park West Asset Management Llc decreased Silicon Motion Technology Co (SIMO) stake by 38.62% reported in 2017Q3 SEC filing. Park West Asset Management Llc sold 427,778 shares as Silicon Motion Technology Co (SIMO)’s stock rose 17.92%. The Park West Asset Management Llc holds 680,000 shares with $32.66M value, down from 1.11M last quarter. Silicon Motion Technology Co now has $1.81 billion valuation. The stock decreased 1.93% or $1 during the last trading session, reaching $50.7. About 773,460 shares traded or 52.05% up from the average. Silicon Motion Technology Corporation (NASDAQ:SIMO) has risen 21.46% since January 13, 2017 and is uptrending. It has outperformed by 4.76% the S&P500.

Park West Asset Management Llc increased Tailored Brands Inc stake by 312,727 shares to 1.19M valued at $17.24M in 2017Q3. It also upped Liberty Media Corp Delaware stake by 1.28 million shares and now owns 2.83M shares. American Outdoor Brands Corp was raised too.

Analysts await Silicon Motion Technology Corporation (NASDAQ:SIMO) to report earnings on January, 22. They expect $0.48 EPS, down 39.24% or $0.31 from last year’s $0.79 per share. SIMO’s profit will be $17.16M for 26.41 P/E if the $0.48 EPS becomes a reality. After $0.49 actual EPS reported by Silicon Motion Technology Corporation for the previous quarter, Wall Street now forecasts -2.04% negative EPS growth.

Among 18 analysts covering Silicon Motion (NASDAQ:SIMO), 15 have Buy rating, 1 Sell and 2 Hold. Therefore 83% are positive. Silicon Motion had 36 analyst reports since July 28, 2015 according to SRatingsIntel. Craig Hallum maintained the shares of SIMO in report on Friday, January 29 with “Buy” rating. Susquehanna initiated it with “Positive” rating and $35 target in Tuesday, September 8 report. The stock has “Buy” rating by Topeka Capital Markets on Friday, January 29. The stock has “Buy” rating by Brean Capital on Wednesday, March 23. The rating was upgraded by Standpoint Research to “Buy” on Tuesday, March 7. The firm has “Buy” rating by Needham given on Friday, July 7. The stock has “Buy” rating by Loop Capital Markets on Tuesday, June 6. The rating was maintained by Craig Hallum with “Buy” on Friday, July 7. The rating was maintained by Brean Capital on Wednesday, July 29 with “Buy”. KeyBanc Capital Markets maintained the stock with “Buy” rating in Thursday, December 14 report.

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