Hanwha SolarOne Co., Ltd. (NASDAQ:HSOL), a vertically integrated manufacturer of silicon ingots, wafers and photovoltaic (“PV”) cells and modules in China, reported its unaudited financial results for the three months ended March 31, 2014. Total net revenues were RMB1, 138.4 million (US$183.1 million), a decrease of 12.1% from RMB1, 294.9 million in 4Q13, and an increase of 2.3% from RMB1, 112.9 million in 1Q13. The decrease in total net revenues in 1Q14 compared with 4Q13 was primarily due to lower shipments. Hanwha Solarone Co Ltd (NASDAQ:HSOL) stock opened today at $2.58 and is currently trading at $2.47. The stock showed a positive weekly performance of 0.73%.
FuelCell Energy Inc. (NASDAQ:FCEL) announced that it had secured a contract for a 5.6 megawatt fuel cell project from POSCO Energy (PKX). FuelCell Energy Inc. (NASDAQ:FCEL) stock opened at $2.09, in current trading session and currently is at $2.14, by losing -0.89%. The 52 week range of $1.06 – $4.74. Company’s market capitalization is 506.18 million.
Enzymotec Ltd. (NASDAQ:ENZY) reported first quarter non-GAAP EPS of $0.24 Wednesday morning, compared to $0.12 last year. Analysts expected EPS of $0.17. The company now expects full year 2014 non-GAAP EPS of $0.64 to $0.94. The consensus estimate is for EPS of $0.86. Enzymotec Ltd (NASDAQ:ENZY) stock is currently trading at $14.17. The EPS of the stock is 1.04. Company’s market capitalization is 318.29 million.
Oppenheimer reduced its price target on Fossil Group Inc. (NASDAQ:FOSL) to $105 and decreased its estimates. The firm noted the domestic watch market appears saturated. Fossil Group Inc. (NASDAQ:FOSL) stock opened the session at $104.00, and now is at $101.98. The 52 week range of the Fossil Group Inc. (NASDAQ:FOSL) stock remained $97.02 – $134.99 and the day range was $101.51 – $104.50.
Kandi Technologies Group Inc. (NASDAQ:KNDI) continues to experience massive growth in its electronic vehicle segment seen by first quarter results that beat estimates. Impressive sales for the quarter came at the back of a slow quarter with further growth expected in the subsequent quarters Kandi Technologies Group Inc. (NASDAQ:KNDI) stock is currently trading at $11.75. The EPS of the stock is -0.57. Company’s market capitalization is 471.23 million.
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