Industrial Goods Top Losers: Energy Recovery (NASDAQ:ERII), Homex Development (NYSE:HXM), Adept Technology (NASDAQ:ADEP), LiqTech International (NYSEMKT:LIQT)

Energy Recovery Inc. (NASDAQ:ERII) has just released the best quarterly results in the company’s history, swinging to a quarterly profit and soundly beating estimates on both the top and bottom lines. I had predicted that the report would be a breakout event in my article (now available only to Pro Subscribers) dated Dec. 3, 2013, when the stock was still below $5 per share. Energy Recovery, Inc. (NASDAQ:ERII) stock opened at $5.95 in last session, and closed at $5.98, while the day range of stock is $5.65 – $6.17. The stock showed a positive weekly performance of 33.48%.

Desarrolladora Homex SAB de CV (ADR) (NYSE:HXM) is a Mexico-based homebuilding company. Together with its subsidiaries, the Company is mainly engaged in the promotion, design, development, construction and sale of affordable entry level and middle income residential housing. The Company has four divisions: the Mexico Division; the International Division; the Infrastructure Division, and the Tourism Division. Homex Development Corp. (ADR) (NYSE:HXM) stock opened at $1.47, in last session and closed at $1.36, by losing -8.11%. The 52 week range of the stock is $1.08 – $13.57. Company’s market capitalization is $75.90 million.

Adept Technology (NASDAQ:ADEP)’s share price traded down 5.2% on Friday after an insider sold shares in the company, American Banking & Market News reports. Adept Technology Inc (NASDAQ:ADEP) stock decreased -5.17% and finished the last session at $15.42. The EPS of the stock remained -0.22. Company’s market capitalization is $171.21 million.

LiqTech International, Inc. (NYSEMKT:LIQT) is pleased to announce that the Company received a purchase order of approximately USD 300,000 for a prototype system based upon the LiqTech SiC membranes. The algae system will be based on a new development in the membrane technology from LiqTech. LiqTech International Inc (NYSEMKT:LIQT) stock opened the session at $2.40, and closed the session at $2.24. The 52 week range of the stock remained $1.78 – $3.50 and the day range was $2.16 – $2.40.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *