Diversified Electronics Losers: Digital Power Corporation (NYSEMKT:DPW), Orion Energy Systems (NYSEMKT:OESX), Vicor Corp (NASDAQ:VICR), Plug Power Inc. (NASDAQ:PLUG)

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 after opening at $1.62 moved to $1.62 on last trade day and at the end of the day closed at $1.44. Company price to sales ratio in past twelve months was calculated as 1.21 and price to cash ratio as 6.60. Digital Power Corporation (NYSEMKT:DPW) showed a negative weekly performance of -17.24%.

Orion Energy Systems (NASDAQ:OESX) was downgraded by equities research analysts at Ascendiant Capital Markets from a “buy” rating to a “hold” rating in a research note issued to investors on Thursday, TheFlyOnTheWall.com reports. Orion Energy Systems, Inc. (NYSEMKT:OESX) shares fell -6.49% in last trading session and ended the day on $6.63. Orion Energy Systems, Inc. (NYSEMKT:OESX) yearly performance is 167.34%.

Vicor Corp. (NASDAQ:VICR) Andover MA, will perform the next instalment of its popular power system solution design webinar series this month. Vicor Corp (NASDAQ:VICR) shares moved down -8.91% in last trading session and was closed at $9.30, while trading in range of $9.28 – $10.30. Vicor Corp (NASDAQ:VICR) year to date (YTD) performance is -30.70%.

Plug Power Inc. (NASDAQ:PLUG) has been a favourite of short sellers, who quickly point out that the stock is highly overvalued. Company shares fell heavily on Wednesday when a Seeking Alpha post by Kerrisdale Capital gave a bearish view, arguing that Plug Power is highly overvalued at a more than $1 billion market value. Plug Power Inc. (NASDAQ:PLUG) weekly performance is 3.19%. On last trading day company shares ended up $7.12. Plug Power Inc. (NASDAQ:PLUG) distance from 50-day simple moving average (SMA50) is 38.74%. Analysts mean target price for the company is $7.75.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *