Industrial Good gainers: Acorn Energy (NASDAQ:ACFN), CUI Global (NASDAQ:CUI), JinkoSolar Holding (NYSE:JKS), China Ming Yang Wind Power Group (NYSE:MY)

Posted by on Apr 09, 2014

Acorn Energy, Inc. (NASDAQ:ACFN) on 2 April announced that it has made key promotions at both GridSense and OmniMetrix. Acorn Energy Inc. (NASDAQ:ACFN) shares after opening at $2.96 moved to $3.14 on last trade day and at the end of the day closed at $3.11. Company price to sales ratio in past twelve months was calculated as 3.16 and price to cash ratio as 3.99. Acorn Energy Inc. (NASDAQ:ACFN) showed a negative weekly performance of -8.26%.

Zacks downgraded shares of CUI Global (NYSE:CUI) from a neutral rating to an underperform rating in a report issued on Monday, American Banking & Market News reports. They currently have $9.10 target price on the stock. CUI Global Inc. (NASDAQ:CUI) shares advanced 6.16% in last trading session and ended the day on $10.00. CUI return on equity ratio is recorded as -0.60% and its return on assets is -0.50%. CUI Global Inc. (NASDAQ:CUI) yearly performance is 91.94%.

JinkoSolar Holding Co., Ltd. (NYSE:JKS), a global leader in the solar PV industry, announced that it has signed a distribution agreement with PROINSO India. JinkoSolar Holding Co., Ltd. (NYSE:JKS) shares moved up 6.23% in last trading session and was closed at $29.00, while trading in range of $28.27 – $29.40. JinkoSolar Holding Co., Ltd. (NYSE:JKS) year to date (YTD) performance is -1.02%.

China Ming Yang Wind Power Group Ltd (NYSE:MY) on Apr. 7 announced its unaudited financial results for the fourth quarter and the full year ended December 31, 2013. Total wind turbine generators (“WTGs”) for which revenue was recognized amounted to an equivalent wind power project output of 175.5MW, or 117 units of 1.5MW WTGs, a decrease of 32.1% compared to 258.5MW in Q4 2012. China Ming Yang Wind Power Group Ltd (NYSE:MY) weekly performance is -4.78%. On last trading day company shares ended up $2.99. China Ming Yang Wind Power Group Ltd (NYSE:MY) distance from 50-day simple moving average (SMA50) is -3.83%. Analysts mean target price for the company is $0.90.

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