Finance

Momentum Stocks: Halcon Resources (NYSE:HK), Ikanos Communications (NASDAQ:IKAN), JMP Group (NYSE:JMP), Pier 1 Imports (NYSE:PIR), Mesa Laboratories (NASDAQ:MLAB)

Halcon Resources Corp (NYSE:HK) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued to investors on Tuesday. The firm currently has a $6.00 price objective on the stock.Halcon Resources Corp. (NYSE:HK) belongs to Basic Materials sector. Its weekly performance is -17.20%. On last trading day company shares ended up $5.15. Halcon Resources Corp. (NYSE:HK) distance from 50-day simple moving average (SMA50) is -21.92%.

Ikanos Communications (NASDAQ:IKAN) had its target price lowered by Needham & Company LLC from $1.00 to $0.60 in a report issued on Monday. They currently have a buy rating on the stock.Ikanos Communications, Inc. (NASDAQ:IKAN) shares moved down -5.16% in last trading session and ended the day at $0.36. IKAN Gross Margin is 49.60% and its return on assets is -58.40%. Ikanos Communications, Inc. (NASDAQ:IKAN) quarterly performance is -33.26%.

JMP Group (NYSE:JMP) declared a quarterly dividend on Tuesday, July 29th. Shareholders of record on Friday, August 15th will be given a dividend of 0.06 per share on Friday, August 29th. This represents a $0.24 dividend on an annualized basis and a yield of 3.54%.On 05 August, JMP Group Inc. (NYSE:JMP) shares moved down -1.16% and was closed at $6.82. JMP EPS growth in last 5 year was 18.10%. JMP Group Inc. (NYSE:JMP) year to date (YTD) performance is -6.58%.

Pier 1 Imports (NYSE:PIR)‘s stock had its “overweight” rating reiterated by Barclays in a research note issued on Friday. They currently have a $18.00 target price on the stock, down from their previous target price of $23.00. Pier 1 Imports, Inc. (NYSE:PIR) ended the last trading day at $15.16. Company weekly volatility is calculated as 2.15%and price to cash ratio as 6.42. Pier 1 Imports, Inc. (NYSE:PIR) showed a weekly performance of -0.20%.

Mesa Laboratories, Inc. (Nasdaq:MLAB) (we, us, our, “Mesa” or the “Company”) today announced that its Board of Directors has declared a regular quarterly dividend of $0.15 per share of common stock. The dividend will be payable on September 15, 2014, to shareholders of record at the close of business on August 29, 2014. Mesa Laboratories Inc. (NASDAQ:MLAB) shares increased 1.30% in last trading session and ended the day on $75.34. MLAB Gross Margin is 60.20% and its return on assets is 11.30%. Mesa Laboratories Inc. (NASDAQ:MLAB) quarterly performance is -8.48%.