Diversified Electronics Most Volatile: Plug Power (NASDAQ:PLUG), China BAK Battery Inc. (NASDAQ:CBAK), SL Industries (NYSEMKT:SLI), Pulse Electronics (NYSE:PULS), Jinpan International Limited (NASDAQ:JST)

Posted by on May 19, 2014

Plug Power Inc (NASDAQ:PLUG) climbed 5.5% after the fuel-cell specialist got an analyst upgrade. Yet, as has happened with increasing frequency in this volatile market, the upgrade came with a catch: the analyst also reduced the price target on the company, in part to reflect the plunge in Plug Power’s share price over the past few months. Plug Power Inc (NASDAQ:PLUG) weekly performance is 15.32%. On last trading day company shares ended up $4.29. Analysts mean target price for the company is $4.88. Plug Power Inc (NASDAQ:PLUG) distance from 50-day simple moving average (SMA50) is -30.43%.

As previously disclosed, on December 17, 2013 and January 8, 2014, Shenzhen BAK Battery Co., Ltd. (“Shenzhen BAK”), a wholly-owned subsidiary of China BAK Battery, Inc. (NASDAQ:CBAK) entered into two loan agreements (the “Loan Agreements”) with Mr. Jinghui Wang, pursuant to which, Shenzhen BAK borrowed from Mr. Wang an aggregate of RMB520 million (approximately $85.9 million) (the “Loans”). China BAK Battery Inc. (NASDAQ:CBAK) shares fell -11.20% in last trading session and ended the day on $2.30. CBAK Gross Margin is -5.40% and its return on assets is -24.20%. China BAK Battery Inc. (NASDAQ:CBAK) quarterly performance is 15.58%.

On May 12, 2014, at the 2014 Annual Meeting of Shareholders (the “Annual Meeting”) of SL Industries, Inc. (NYSEMKT:SLI)’s stockholders voted to approve: (i) increasing the number of shares of Common Stock subject to the Company’s 2008 Incentive Stock Plan (the “2008 Plan”) from 450,000 shares to 500,000 shares, (ii) amendments to 2008 Plan to provide for qualifying performance-based long-term incentive awards under Section 162(m) of the Internal Revenue Code of 1986, as amended, to approve the material terms of the performance goals thereunder, and to make certain other technical and clarifying amendments. SL Industries, Inc. (NYSEMKT:SLI) shares moved up 1.24% in last trading session and was closed at $29.50, while trading in range of $28.22 – $30.79. SL Industries, Inc. (NYSEMKT:SLI) year to date (YTD) performance is 8.86%.

Pulse Electronics Corporation (NYSE:PULS), a provider of electronic components, launches a new planar platform which increases throughput power for Pulse Electronics Corporation (NYSE:PULS)’s planar SMT transformers by 50% over transformers of comparable size to deliver up to 800 watts of power capability. Pulse Electronics Corp (NYSE:PULS) ended the last trading day at $2.85. Company weekly volatility is calculated as 7.77% and price to cash ratio as 1.83. Pulse Electronics Corp (NYSE:PULS) showed a negative weekly performance of -6.86%.

Jinpan International Limited (NYSE:JST) was downgraded by stock analysts at TheStreet from a “buy” rating to a “hold” rating in a report issued on Friday, AmericanBankingNews.com reports. The analysts wrote, “Jinpan Limited (NYSE:JST) has been downgraded by TheStreet Ratings from buy to hold. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. Jinpan International Limited (NASDAQ:JST) net profit margin is 7.50% and weekly performance is 0.28%. On last trading day company shares ended up $7.08. Analysts mean target price for the company is $8.50. Jinpan International Limited (NASDAQ:JST) distance from 50-day simple moving average (SMA50) is -9.84%.

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