Pingtan Marine Enterprise Ltd (NASDAQ:CGEIU), a global fishing company based in the People’s Republic of China (PRC), announced additional public information relating to its fishing vessels which has been published by China Distant Water Fisheries (www.cndwf.com or “CNDWF”), an information network website run by the Bureau of Fisheries of the Ministry of Agriculture of the PRC. Pingtan Marine Enterprise Ltd (NASDAQ:CGEIU), shares at the end of the day closed at $10.15. Company price to sales ratio in past twelve months was calculated as 3.90 and price to cash ratio as 22.25. Pingtan Marine Enterprise Ltd (NASDAQ:CGEIU), showed a negative weekly performance of 14.12%.
On April 28, 2014, China New Borun Corp (NYSE:BORN), announced that the Company has filed its Annual Report on Form 20-F for the year ended December 31, 2013 with the United States Securities and Exchange Commission on April 25, 2014. China New Borun Corp (NYSE:BORN), shares advanced 3.59% in last trading session and ended the day on $2.60. China New Borun Corp (NYSE:BORN), return on equity ratio is recorded as 4.60% and its return on assets is 2.40%. China New Borun Corp (NYSE:BORN), yearly performance is 134.23%.
Nova Lifestyle Inc (NASDAQ:NVFY), is pleased to announce the completion of approximately $8.95 million registered direct placement of common stock and warrants with several institutional investors on April 17, 2014. The Company sold 1,320,059 shares of common stock to the institutional investors at a price of $6.78 per share. Nova Lifestyle Inc (NASDAQ:NVFY), shares moved down 7.05% in last trading session and was closed at $4.09, while trading in range of $ 3.97 – 4.45. Nova Lifestyle Inc (NASDAQ:NVFY), year to date (YTD) performance is -9.31%.
On April 28, 2014, Wabash National Corporation (NYSE:WNC), reported results for the first quarter ended March 31, 2014. Wabash National Corporation (NYSE:WNC), weekly performance is -5.83%. On last trading day company shares ended up $12.76. Wabash National Corporation (NYSE:WNC), distance from 50-day simple moving average (SMA50) is -5.79%. Analysts mean target Price for the company is $15.13.
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