Consumer Goods Volatile Stocks: SGOCO Group Ltd (NASDAQ:SGOC), Swisher Hygiene (NASDAQ:SWSH), Pingtan Marine Enterprise Ltd (NASDAQ:PME), Vapor Corp., (NASDAQ:VPCO), Ballantyne Strong (NYSEMKT:BTN)

Posted by on Jul 10, 2014

SGOCO Group Ltd (NASDAQ:SGOC), a company focused on product design, distribution and brand development in the Chinese display market, announced that the Board of Directors has appointed Mr. Pruby He as an Independent Director of the Company, as part of its initiative to attract talents from Internet industry to the Board level, to replace Ms. Teresa Hon, who had resigned from the Board for personal reasons and confirmed no disagreements with the Company. The appointment and resignation became effective on June 30, 2014. SGOCO Group Ltd (NASDAQ:SGOC), net profit margin is 4.20% and weekly performance is -5.50%. On last trading day company shares ended up $1.89. SGOCO Group Ltd (NASDAQ:SGOC), distance from 50-day simple moving average (SMA50) is -9.92%.

On June 18, 2014, Swisher Hygiene, Inc. (NASDAQ:SWSH), a leading service provider of essential hygiene and sanitizing solutions, announced that the company received a letter from NASDAQ on June 17, 2014 noting the Company has regained compliance with Listing Rule 5550(a)(2), which requires the Company to maintain a minimum closing bid price of $1.00 per share. NASDAQ staff made the determination after Swisher’s bid price closed above $1.00 per share for the prior 10 consecutive business days. Swisher Hygiene, Inc. (NASDAQ:SWSH), advanced 0.81% in last trading session and ended the day on $4.36. SWSH, Gross Margin is 34.10% and its return on assets is -67.80%. Swisher Hygiene, Inc. (NASDAQ:SWSH), quarterly performance is -7.13%.

On july 02, 2014, Pingtan Marine Enterprise Ltd (NASDAQ:PME), a global fishing company based in the People’s Republic of China, announced Wednesday that it finalized its joint venture with China Co-op (Hainan) Industry Development Co., Ltd., one of China Co-op Group’s wholly-owned companies. Pingtan Marine Enterprise Ltd (NASDAQ:PME), shares moved up 4.08% in last trading session and was closed at $2.55, while trading in range of $2.52 – 2.92. Pingtan Marine Enterprise Ltd (NASDAQ:PME), year to date (YTD) performance is -19.56%.

On May 28, 2014, Vapor Corp., (NASDAQ:VPCO), a leading U.S. based electronic cigarette and vaporizer company whose brands include Krave®, VaporX®, Hookah Stix®, Alternacig®, and Fifty-One®, announced that The NASDAQ Stock Market LLC has approved the Company’s application to have its common stock listed on The NASDAQ Capital Market. Effective at the opening of trading on May 30, 2014, the Company’s common stock will trade on The NASDAQ Capital Market under its existing symbol “VPCO.” Vapor Corp., (NASDAQ:VPCO), ended the last trading day at $4.43. Company weekly volatility is calculated as 6.03% and price to cash ratio as 17.57. Vapor Corp., (NASDAQ:VPCO), showed a negative weekly performance of 12.97%.

On June 19, 2014, Strong-MDI, a Ballantyne Strong Inc (NYSEMKT:BTN), announced the signing of a two-year exclusive supply agreement with Cinépolis, the fourth largest chain of movie theaters in the world with more than 3,000 screens in 11 countries. Pursuant to the agreement, Strong-MDI will supply screens for all installations in Cinépolis theaters throughout the Americas over the next two years. After having supplied screens to Cinépolis for several years, the new contract represents the first exclusive supply agreement between the two companies covering the full breadth of screen products from Strong-MDI. Ballantyne Strong Inc (NYSEMKT:BTN), net profit margin is -0.50% and weekly performance is -4.84%. On last trading day company shares ended up $3.93. Analysts mean target price for the company is $4.75. Ballantyne Strong Inc (NYSEMKT:BTN), distance from 50-day simple moving average (SMA50) is -7.67%.

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