Consumer Goods Volatile Stocks: RiceBran Technologies (NASDAQ:RIBT), Fuwei Films (NASDAQ:FFHL), American Lorain Corporation (NYSEMKT:ALN), Forward Industries (NASDAQ:FORD)

Posted by on Apr 02, 2014

RiceBran Technologies. (NASDAQ:RIBT) received gross proceeds of about $4.9 million through the sale of convertible notes and warrants.Intends to use the net proceeds from this private placement for plant upgrades and capacity expansion in our USA Segment to accelerate growth opportunities resulting from our recent acquisition of H&N Distribution, Inc and to provide working capital for our Irgovel rice bran bio-refinery in Brazil. RiceBran Technologies. (NASDAQ:RIBT) shares after opening at $4.00 moved to $4.26 on last trade day and at the end of the day closed at $4.03. Company price to sales ratio in past twelve months was calculated as 0.32 and price to cash ratio as 16.47. RiceBran Technologies. (NASDAQ:RIBT) showed a negative weekly performance of 8.62%.

Fuwei Films (Holdings) Co. Ltd. (NASDAQ:FFHL) which is a Chinese based small cap firm which is into providing solutions for packaging and solution containers to the transport industry has disclosed on 25th March, after business close that there has been significant progress in the efforts its controlling stake owner “The Weifang State-owned Assets Operation Administration Company” in finding suitable owners to buyout its stake controlling stake in the firm. Fuwei Films (Holdings) Co. Ltd. (NASDAQ:FFHL) shares fell 2.48% in last trading session and ended the day on $1.71. Fuwei Films (Holdings) Co. Ltd. (NASDAQ:FFHL) return on equity ratio is recorded as -18.30% and its return on assets is -11.80%. Fuwei Films (Holdings) Co. Ltd. (NASDAQ:FFHL) yearly performance is 30.53%.

American Lorain Corporation. (NYSEMKT:ALN) (“American Lorain” or the “Company”), an international processed snack foods, convenience foods, and frozen foods company based in Shandong Province, China, announced that it has signed a development agreement with the Bureau of Commerce at Sishui County of Shandong Province, China for a local forestry farm with the attendance of Deputy County Chief and Director of the Bureau of Commerce from Sishui County, and Mr. Si Chen, Chairman and CEO from American Lorain. American Lorain Corporation. (NYSEMKT:ALN) shares moved down 5.87% in last trading session and was closed at $1.12, while trading in range of $ 1.08 – 1.19. American Lorain Corporation. (NYSEMKT:ALN) year to date (YTD) performance is 41.78%.

Small cap custom carry and protective solutions stock Forward Industries, Inc (NASDAQ:FORD) jumped 22.51% earlier as an apparent turnaround continues, meaning its worth taking a closer look at a stock that’s in a decidedly niche area plus look at the performance of potential investment benchmarks like the iShares Russell 2000 Index ETF (NYSEARCA:IWM), iShares Russell 2000 Growth Index ETF (NYSEARCA: IWO) and iShares Russell 2000 Value Index ETF (NYSEARCA: IWN). Forward Industries, Inc. (NASDAQ:FORD) weekly performance is 8.38%. On last trading day company shares ended up $1.81. Forward Industries, Inc. (NASDAQ:FORD) distance from 50-day simple moving average (SMA50) is 6.97%. Analysts mean target Price for the company is $2.28.

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