Beijing Shiji IT Sees Potential in eFuture (EFUT); American Capital (ACAS) Strategic Alternatives in Focus


Shares of eFuture Information Technology Inc. (Nasdaq:EFUT) soared more than 150% to touch a new 52-week high in the extended session Wednesday after Beijing Shiji Information Technology Co., Ltd. disclosed in a regulatory filing with the SEC ( SC 13D ) a 50.51% stake (2,453,966 shares) in the company

eFuture recently reported third quarter 2015 revenue of RMB36.1 million ($5.7 million) and adjusted net loss of RMB0.7 million ($0.1 million), or RMB0.15 ($0.02) loss per diluted share for the period

EFUT stock closed the regular session at $8.15, down $0.59 (or -6.75%), with a total volume of 787,867 shares traded during the day

eFuture Information Technology, which provides software and services to retail and consumer goods industries in the People’s Republic of China, has 4.86M Shares Outstanding. At close on Wednesday, the company had Market Capitalization of $39.63M and EFUT stock 52-week range was from $3.71 to $12.43 per share



American Capital, Ltd. (Nasdaq:ACAS) surged $1.32 (or +9.50%) to $15.22, and 11,269,209 of its shares exchanged hands on Wednesday after the company said that it will undertake a full strategic review of all alternatives – including sell itself with financial advisors, aiming to maximize shareholder value

Elliott Associates L.P. disclosed in an SEC filing ( SC 13D/A ) that together with Elliott Capital Advisors, L.P. and Elliott International Capital Advisors Inc., they have a 9.1% ownership stake in the company

American Capital, a publicly traded private equity firm and global asset manager, has 263.64M Shares Outstanding, Market Capitalization (intraday) of $4.01B and ACAS stock one-year range is between $11.92 and $15.36 per share


Disclaimer: The disclaimer is to be read and fully understood before using our site, or joining our email list. GalaxyStocks is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read full disclaimer at