ltair Nanotechnologies Inc. (NASDAQ:ALTI) received a letter from The Nasdaq Stock Market (“Nasdaq”) indicating that the Company was not in compliance with the audit committee requirements in Nasdaq Marketplace Rule 5605. Among other things, Rule 5605 requires that the Company have an audit committee composed of at least three independent directors. Eqbal Al Yousuf, a member of the Company’s audit committee, was appointed to the Board of Directors and the Audit Committee on August 26, 2013 and resigned on March 20, 2014. According to the letter, pursuant to Rule 5605(c)(4), the Company has been provided a cure period in order to regain compliance, which cure period shall survive until the earlier of the Company’s next annual shareholders meeting or March 20, 2015. Altair Nanotechnologies Inc. (NASDAQ:ALTI) shares after opening at $3.51 moved to $3.91 on last trade day and at the end of the day closed at $ 3.67 . Company price to sales ratio in past twelve months was calculated as 6.45 and price to cash ratio as 12.90. Altair Nanotechnologies Inc. (NASDAQ:ALTI) showed a negative weekly performance of -3.42%.
AMSC Corporation (NASDAQ:AMSC) announced a series of strategic operational initiatives designed to better capitalize on emerging opportunities in the wind and grid businesses. These measures include consolidation of the Company’s U.S. grid manufacturing and product development program and diversification of its international wind power manufacturing operations. Separate from these steps, AMSC expects that, exclusive of proceeds, if any, from sales of stock under the Company’s At-the-Market facility, it will be net cash flow positive for the fourth quarter of fiscal 2013 ending March 31, 2014, driven primarily by cash generated from working capital. American Superconductor Corporation (NASDAQ:AMSC) shares fell -5.76% in last trading session and ended the day on $1.31. AMSC return on equity ratio is recorded as -54.60% and its return on assets is -33.50%. American Superconductor Corporation (NASDAQ:AMSC) yearly performance is -48.22%.
Digital Power Corporation (NYSEMKT:DPW) announced its financial results for the quarter and fiscal year ended December 31, 2013. Digital Power Corporation (NYSEMKT:DPW) shares moved down -5.38% in last trading session and was closed at $1.00 while trading in range of $0.96 – $1.20 – Digital Power Corporation (NYSEMKT:DPW) year to date (YTD) performance is 49.25%.
UniPixel, Inc. (NASDAQ:UNXL), a provider of Performance Engineered Films™ to the touch screen, flexible printed electronics and display markets, will hold a conference call on Thursday, May 8, 2014 at 4:30 p.m. Eastern time to discuss the first quarter ended March 31, 2014. Financial results will be issued in a press release prior to the call. UniPixel Inc (NASDAQ:UNXL) weekly performance is -14.04%. On last trading day company shares ended up $6.00. UniPixel Inc (NASDAQ:UNXL) distance from 50-day simple moving average (SMA50) is -31.03%. Analysts mean target price for the company is $12.33.
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