Consumer Goods Most Volatile: Kandi Technologies Group (NASDAQ:KNDI), Nova Lifestyle (NASDAQ:NVFY), Universal Electronics Inc (NASDAQ:UEIC), Fuwei Films (NASDAQ:FFHL)

Posted by on Apr 15, 2014

Kandi Technologies Group, Inc. (Nasdaq:KNDI), announced that Mr. Jing Ma, the Deputy Director of Electric Vehicles Development from the Shanghai Municipal Commission of Economic and Information Technology, Standing Committee member from Shanghai Jinshan District, along with the Vice Mayor of Jinshan District, Mr. Huadi Shen, and other government officials visited Kandi Electric Vehicles (Shanghai) Co., Ltd. (“Kandi Shanghai”) to finalize the plan to launch the Public EV Sharing System Pilot Project (the “Project”) in Jinshan District of Shanghai. Kandi Technologies Group Inc (NASDAQ:KNDI) shares after opening at $13.14 moved to $13.38 on last trade day and at the end of the day closed at $12.16. Company price to sales ratio in past twelve months was calculated as 6.94 and price to cash ratio as 39.33. Kandi Technologies Group Inc (NASDAQ:KNDI) showed a negative weekly performance of -7.81%.

Nova LifeStyle Announces Entry Into Agreement for Registered Direct Placement of $8.5 Millionof Common Stock and Warrants, issued 14-Apr-2014 by Nova LifeStyle, Inc.  Nova Lifestyle Inc (NASDAQ:NVFY) shares fell -20.39% in last trading session and ended the day on $6.13. NVFY return on equity ratio is recorded as 16.40% and its return on assets is 10.20%. Nova Lifestyle Inc (NASDAQ:NVFY) yearly performance is 85.76%.

Universal Electronics (NASDAQ:UEIC) was upgraded byZacks from a “neutral” rating to an “outperform” rating in a research report issued on Monday, reports. The firm currently has a $44.80 price objective on the stock. Zacks‘s price objective would suggest a potential upside of 28.07% from the company’s current price. Universal Electronics Inc (NASDAQ:UEIC) shares moved down -3.26% in last trading session and was closed at $33.84, while trading in range of $33.49-$37.76. Universal Electronics Inc (NASDAQ:UEIC) year to date performance is -11.20%.

Fuwei Films (Holdings) Co., Ltd. (Nasdaq:FFHL), a manufacturer and distributor of high-quality BOPET plastic films in China, announced its financial results for the fourth quarter and full year ended December 31, 2013. Fuwei Films (Holdings) Co., Ltd (NASDAQ:FFHL) weekly performance is -5.10%. On last trading day company shares ended up $1.49. Fuwei Films (Holdings) Co., Ltd (NASDAQ:FFHL) distance from 50-day simple moving average is 12.32%. Analysts mean target price for the company is $89.45.

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