Plug Power Inc (NASDAQ:PLUG) has no unique selling point or any proprietary technology that others cannot replicate. Much bigger companies in the “green energy” space making solar panels have gone bust as China got into the game and produced solar panels at much cheaper rates than their American competitors. Nothing will protect Plug from such “cheap” competition. Plug Power Inc (NASDAQ:PLUG) shares after opening at $7.37 moved to $7.70 on last trade day and at the end of the day closed at $7.32. Company price to sales ratio in past twelve months was calculated as 42.98 and price to cash ratio as 95.73. Plug Power Inc (NASDAQ:PLUG) showed a positive weekly performance of 8.61%.
UBS demoted Arch Coal Inc (NYSE:ACI) on April 9, 2014 to sell-off the neutral rated shares. The company produces coal and sells it in the global market. One of the leading coal producer supplies almost 14% of the U.S. coal demand. According to the last report on December 31, 2012 this foremost coal producer and supplier sold almost 140.8 million tons of ‘black diamond’, coal. Arch Coal Inc (NYSE:ACI) shares fell -0.82% in last trading session and ended the day on $4.84. ACI return on equity ratio is recorded as -24.90% and its return on assets is -6.70%. Arch Coal Inc (NYSE:ACI) yearly performance is 1.47%.
Hecla Mining Company (NYSE: HL) announced preliminary production results¹ for the first quarter ending March 31, 2014.Hecla Mining Company (NYSE:HL) shares moved up 3.54% in last trading session and was closed at $3.22, while trading in range of $3.12-$3.29. Hecla Mining Company (NYSE:HL) year to date performance is 4.55%.
A power plant project with a total cost of around $6.7 million has been launched by FuelCell Energy Inc. (NASDAQ:FCEL). This unique project would convert the landfill gas into electricity. The carbon dioxide gas released during this conversion would then be used in nourishment of the plants in a greenhouse facility of British Colombia. While the stream of gas produced during conversion would be used for powering the fuel cells, the clean carbon dioxide would be used for feeding the plants. The fuel cells in turn would provide electricity.This project is done in conjunction with Village Farms International Inc. as well as Quadrogen Power Systems Inc.FuelCell Energy Inc (NASDAQ:FCEL) weekly performance is 1.75%. On last trading day company shares ended up $2.32. FuelCell Energy Inc (NASDAQ:FCEL) distance from 50-day simple moving average is 2.30%. Analysts mean target price for the company is $2.73.
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