Early Gainers: Kandi Technologies Group (NASDAQ:KNDI), FX Energy (NASDAQ:FXEN), Highpower International Inc (NASDAQ:HPJ), Versartis Inc (NASDAQ:VSAR)

Posted by on Apr 15, 2014

Kandi Technologies Group Inc (NASDAQ:KNDI) which is a china based auto parts manufacturer announced on 14th April that progress has been made in its ongoing deliberations with Chinese government authorities to launch the “Public EV Sharing System Pilot Project”. Kandi Technologies Group Inc (NASDAQ:KNDI) stock opened today at $12.33 and is currently trading at $12.06. The stock showed a negative weekly performance of -7.81%.

FX Energy, Inc. (NASDAQ:FXEN) reported that the Tuchola-4K well reached its primary objective, the lower Zechstein Ca1 formation at 2,740 meters, approximately 60 meters high to last year’s Tuchola-3K well. The Tuchola-4K well was then cored and drilled to 2,810 meters, its current depth, with strong gas shows observed throughout. This 70 meter interval was then logged, showing gas saturation throughout. The gas includes components up to C2 ethane and C3 propane. Logs and cores both show very good porosity. FX Energy, Inc. (NASDAQ:FXEN) stock opened at $3.50, in current trading session and currently is at $3.80, by gaining 17.13%.The 52 week range of $2.48-$6.18.Company’s market capitalization is $204.60 million.

Highpower International, Inc (NASDAQ: HPJ) announced that the Company’s subsidiary, Huizhou Highpower, has officially become a supplier to SONY (NYSE: SNE) and has begun receiving orders and shipping products. The initial orders for Highpower’s lithium polymer batteries will be used for SONY’s wireless products.Highpower International Inc (NASDAQ:HPJ) stock is currently trading at $4.96.The EPS of the stock is 0.06. Company’s market capitalization is $69.47 million.

Stock analysts at Canaccord Genuity began coverage on shares of Versartis (NASDAQ:VSAR) in a report issued on Tuesday,TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.Versartis Inc (NASDAQ:VSAR) stock opened the session at $25.98, and now is at $25.90. The 52 week range of the VSAR stock remained $23.51-$36.30 and the day range was $25.75-$27.44.

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