Diversified Electronics Watch List: Orion Energy Systems (NYSEMKT:OESX), Data I/O Corporation (NASDAQ:DAIO), Altair Nanotechnologies (NASDAQ:ALTI), Maxwell Technologies Inc. (NASDAQ:MXWL), Bel Fuse (NASDAQ:BELFB)

Posted by on May 28, 2014

Orion Energy Systems, Inc. (NYSEMKT:OESX), a leading designer and manufacturer of energy management systems consisting primarily of high-performance, energy-efficient lighting platforms, announced that management will participate in the investor conferences during May 2014. Thursday, May 29, 2014: The Benchmark Company One-on-One Investor Conference at The Pfister Hotel in Milwaukee, WI. Orion Energy Systems, Inc. (NYSEMKT:OESX) weekly performance is 10.00%. On last trading day company shares ended up $4.73. Analysts mean target price for the company is $7.33. Orion Energy Systems, Inc. (NYSEMKT:OESX) distance from 50-day simple moving average (SMA50) is -16.76%.

On May 1, Data I/O Corporation (NASDAQ:DAIO), the leading global provider of advanced programming and IP management solutions for flash, flash-memory based intelligent devices and microcontrollers, announced financial results for the first quarter ended March 31, 2014. Net loss of $343,000 in Q1 2014, compared to a net loss of $459,000 in Q1 2013. Adjusted EBITDA excluding equity compensation in Q1 2014 and Q1 2013 was a loss of $93,000 and $222,000, respectively. Data I/O Corporation (NASDAQ:DAIO) shares fell -7.72% in last trading session and ended the day on $2.75. Gross Margin is 50.80% and its return on assets is -16.90%. Data I/O Corporation (NASDAQ:DAIO) quarterly performance is 3.77%.

Altair Nanotechnologies, Inc. (NASDAQ:ALTI), reports the Company received a non-compliance letter from the Nasdaq Stock Market (“Nasdaq”) and has secured a new working capital loan. Altair Nanotechnologies Inc. (NASDAQ:ALTI) shares moved down -6.28% in last trading session and was closed at $3.00, while trading in range of $2.88 – $3.21. Altair Nanotechnologies Inc. (NASDAQ:ALTI) year to date (YTD) performance is -23.47%.

ING Group upgraded shares of Maxwell Technologies Inc (NASDAQ:MXWL) from a hold rating to a buy rating in a report released on Monday. Maxwell Technologies Inc. (NASDAQ:MXWL) ended the last trading day at $17.90. Company weekly volatility is calculated as 4.64% and price to cash ratio as 16.95. Maxwell Technologies Inc. (NASDAQ:MXWL) showed a positive weekly performance of 12.58%.

On May 21, Bel Fuse Inc. (NASDAQ:BELFB) a premier developer of fuses and magnetic-based solutions for high-speed networking and computer applications, announced the signing of a distribution agreement with UK-based Anglia Components, a leading independent authorized distributor of semiconductors, optoelectronics, interconnect, passive and electromechanical components. Bel Fuse, Inc. (NASDAQ:BELFB) weekly performance is 7.24%. On last trading day company shares ended up $24.88. Analysts mean target price for the company is $27.00. Bel Fuse, Inc. (NASDAQ:BELFB) distance from 50-day simple moving average (SMA50) is 13.59%.

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