Penn West Petroleum Ltd (USA) (NYSE:PWE) is a Canadian Royalty trust specializing in oil and gas production. Canadian trusts are specialized business structures that are mandated to emphasize production and realizing capital (i.e. making money and paying unit holders) rather than a normal corporation’s business cycle. Trusts are able to pass most of earnings to unit holders with favorable tax treatment. Penn West have several oil and natural gas fields in western Canada, with a mix that is about 60-70% oil. They mainly focus on producing their reserves (as opposed to exploration), sometimes focusing on enhanced oil recovery techniques (EOR). Penn West Petroleum Ltd (USA) (NYSE:PWE) stock opened at $7.68 in last session, and closed at $8.50, while the day range of PWE stock is $7.65-$8.55.The stock showed a positive weekly performance of 3.41%.
Advanced Energy Industries (NASDAQ:AEIS) Director Thomas Rohrs sold 18,000 shares of the stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $27.00, for a total value of $486,000.00. Following the transaction, the director now directly owns 11,000 shares in the company, valued at approximately $297,000. Advanced Energy Industries, Inc. (NASDAQ:AEIS) stock opened at $27.59, in last session and closed at $26.28, by loosed -4.09%. The 52 week range was $15.95-$29.15. Company’s market capitalization is $1.08 billion.
Alliance Fiber Optic Products, Inc. (Nasdaq:AFOP), an innovative supplier of fiber optic components, subsystems and integrated modules for datacenters and the optical network equipment market, announced it will highlight new products from its connectivity and passive optical portfolios at OFC 2014, which will take place on March 11 – 13, 2014 at the Moscone Center, San Francisco, California. Conference attendees are invited to visit AFOP at Booth #811 during the event to see its latest product offerings. Alliance Fiber Optic Products Inc (NASDAQ:AFOP) stock gained 1.20% and finished the last session at $13.51. The EPS of the stock remained 0.88. Company’s market capitalization is $248.58 million.
China BAK Battery Inc. (NASDAQ:CBAK)’s stock has seen some spectacular gains recently. In fact battery companies are having a very good run in the stock markets recently, probably on account of news that Tesla Motors Inc (NASDAQ:TSLA) was planning a gigafactory for batteries. China BAK Battery Inc. (NASDAQ:CBAK) stock opened the session at $3.80, and closed the session at $3.74. The 52 week range of the CBAK stock remained $0.59-$4.29 and the day range was $3.66-$4.07.
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