Consumer Goods Gainers: Kandi Technologies Group (NASDAQ:KNDI), Coffee Holding (NASDAQ:JVA), Joe’s Jeans (NASDAQ:JOEZ), China New Borun (NYSE:BORN)

Posted by on Apr 09, 2014

Kandi Technologies Group Inc. (NASDAQ:KNDI) announced that it has closed the registered direct placement with two investors and raised approximately $11.05 million from selling its shares of common stock for $18.24 per share. Kandi Technologies Group Inc. (NASDAQ:KNDI) shares after opening at $13.46 moved to $14.59 on last trade day and at the end of the day closed at $14.34. Company price to sales ratio in past twelve months was calculated as 8.18 and price to cash ratio as 46.39. Kandi Technologies Group Inc. (NASDAQ:KNDI) showed a negative weekly performance of -9.24%.

On March 14, 2014, Coffee Holding Co., Inc. (NASDAQ:JVA) issued a press release disclosing certain information regarding its results of operations for the three months ended January 31, 2014. Coffee Holding Co., Inc. (NASDAQ:JVA) shares advanced 9.57% in last trading session and ended the day on $8.24. JVA return on equity ratio is recorded as -6.60% and its return on assets is -4.60%. Coffee Holding Co., Inc. (NASDAQ:JVA) yearly performance is 26.38%.

Joe’s Jeans (NASDAQ:JOEZ) will post its quarterly earnings results on Wednesday, April 9th. Joe’s Jeans Inc. (NASDAQ:JOEZ) shares moved up 6.09% in last trading session and was closed at $1.22, while trading in range of $1.16 – $1.26. Joe’s Jeans Inc. (NASDAQ:JOEZ) year to date (YTD) performance is 10.91%.

For the first quarter of the fiscal year 2014, China New Borun Corp (NYSE:BORN) expects revenue in the range of $82 million to $86.9 million, a year-over-year increase of approximately 11% to 18%. China New Borun Corp (NYSE:BORN) weekly performance is -16.52%. On last trading day company shares ended up $2.83. China New Borun Corp (NYSE:BORN) distance from 50-day simple moving average (SMA50) is 2.42%.

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