Diversified Electronics: Control4 Corp (NASDAQ:CTRL), Digital Power Corporation (NYSEMKT:DPW), Neonode (NASDAQ:NEON), China BAK Battery (NASDAQ:CBAK)

Posted by on Apr 14, 2014

Imperial Capital analyst reiterated an Outperform rating and $30 price target on Control4 Corporation (NASDAQ:CTRL) saying the company may still be overlooked Google’s recent acquisition of Nest. Control4 Corp (NASDAQ:CTRL) shares after opening at $19.16 moved to $19.20 on last trade day and at the end of the day closed at $17.44. Company price to sales ratio in past twelve months was calculated as 3.11 and price to cash ratio as 4.73. Control4 Corp (NASDAQ:CTRL) showed a negative weekly performance of -13.96%.

On March 28, 2014, Digital Power Corporation (NYSEMKT:DPW) announced its financial results for the quarter and fiscal year ended December 31, 2013. Digital Power Corporation (NYSEMKT:DPW) shares fell -9.56% in last trading session and ended the day on $1.23. DPW return on equity ratio is recorded as -11.10% and its return on assets is -8.60%. Digital Power Corporation (NYSEMKT:DPW) yearly performance is 78.26%.

Neonode Inc. (NASDAQ:NEON) the Optical Touch Company, announced that the US Patent and Trademark Office (USPTO), on April 8, 2014, issued to Neonode patent number 8,692,806 (the ‘806 patent) for entering text on a virtual keyboard. Neonode, Inc. (NASDAQ:NEON) shares moved down -1.13% in last trading session and was closed at $5.24, while trading in range of $5.06 – $5.57. Neonode, Inc. (NASDAQ:NEON) year to date (YTD) performance is -17.09%.

China BAK Battery Inc. (NASDAQ:CBAK) generated revenues of $42.4 million and $63.7 million for the three months ended December 31, 2013 and 2012, respectively, and net losses of $5.3 million and $28.2 million during the same periods. China BAK Battery Inc. (NASDAQ:CBAK) weekly performance is -5.33%. On last trading day company shares ended up $3.02. China BAK Battery Inc. (NASDAQ:CBAK) distance from 50-day simple moving average (SMA50) is 3.76%. Analysts mean target price for the company is $2.00.

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