Diversified Electronics: Plug Power (NASDAQ:PLUG), Corning Incorporated (NYSE:GLW), Hutchinson Technology Incorporated (NASDAQ:HTCH), Silicon Motion Technology (NASDAQ:SIMO)

Posted by on Jul 01, 2014

Plug Power Inc (NASDAQ:PLUG), was the recipient of a large decline in short interest in the month of June. As of June 13th, there was short interest totalling 30,929,836 shares, a decline of 12.0% from the May 30th total of 35,147,026 shares, Stock Ratings News reports. Based on an average trading volume of 7,967,810 shares, the short-interest ratio is currently 3.9 days. Approximately 19.2% of the shares of the company are sold short. Plug Power Inc (NASDAQ:PLUG), weekly performance is -2.50%. On last trading day company shares ended up $4.68. Analysts mean target price for the company is $4.88. Plug Power Inc (NASDAQ:PLUG),distance from 50-day simple moving average (SMA50) is 2.09%.

On June 18, 2014, Corning Incorporated (NYSE:GLW), announced Corning® Gorilla® Glass is the cover of choice for AHA Inc. Co., LTD’s 84-inch Comuto-S and Arisu-S 4K2K interactive flat panel displays. Corning Incorporated (NYSE:GLW), fell 0.23% in last trading session and ended the day on $21.95. NI, Gross Margin is 42.10% and its return on assets is 6.10%. Corning Incorporated (NYSE:GLW), quarterly performance is 5.94%.

Hutchinson Technology Incorporated (NASDAQ:HTCH), surges to two month high — not seeing anything to account for the move (2.64 +0.57). Hutchinson Technology Incorporated (NASDAQ:HTCH), shares moved up 20.77% in last trading session and was closed at $2.50, while trading in range of $2.10 – 2.70. Hutchinson Technology Incorporated (NASDAQ:HTCH), year to date (YTD) performance is -21.88%.

On June 26, 2014, Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO), stock went up by 3.40%, closing at $19.48. For the past six month trading session, Silicon Motion’s stock increased significantly by 37.96% in comparison to the Nasdaq Composite which gained 5.08% during the same six month trading session. Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO), ended the last trading day at $20.43. Company weekly volatility is calculated as 3.34% and price to cash ratio as 4.24. Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO),showed a positive weekly performance of 14.78%.

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