Industrial Goods Bullish Stocks: JinkoSolar Holding (NYSE:JKS), Ocean Power Technologies (NASDAQ:OPTT), Highpower International (NASDAQ:HPJ), IntriCon Corporation (NASDAQ:IIN)

JinkoSolar Holding Co. Ltd (NYSE:JKS) announced that its 24MW solar PV power plant in Xinyi, Jiangsu Province and 15MW solar PV power plant in Lianyungang, Jiangsu Province were successfully connected to the grid. The company has so far successfully connected to the grid for more than 252 MW of solar PV power projects. JinkoSolar Holding Co., Ltd. (NYSE:JKS) shares after opening at $28.39 moved to $29.98 on last trade day and at the end of the day closed at $29.98. Company price to sales ratio in past twelve months was calculated as 0.95 and price to cash ratio as 3.18. JinkoSolar Holding Co., Ltd. (NYSE:JKS) showed a positive weekly performance of 15.89%.

The first week of April was a busy one for Ocean Power Technologies, (NASDAQ:OPTT) based in Pennington, N.J. The company, which has boasted about receiving the nation’s first wave power permit for a small project near Reedsport, said it had abandoned that project. And the company announced it would offer shares to the public in a secondary stock offering. It completed the offering last week, raising net proceeds of $12.5 million. Ocean Power Technologies Inc. (NASDAQ:OPTT) shares advanced 5.93% in last trading session and ended the day on $2.86. OPTT return on equity ratio is recorded as -72.80% and its return on assets is -53.60%. Ocean Power Technologies Inc. (NASDAQ:OPTT) yearly performance is 79.87%.

Highpower International Inc. (NASDAQ:HPJ) plunged to a record level, it reversed aggressively driven by the news that it has become the official supplier for Sony Corp. Highpower International Inc. (NASDAQ:HPJ) shares moved up 6.22% in last trading session and was closed at $5.29, while trading in range of $4.89 – $5.68. Highpower International Inc. (NASDAQ:HPJ) year to date (YTD) performance is 106.64%.

IntriCon (NASDAQ:IIN) soared more than 40% to a one-year high of $6.95 on Tuesday after the body-worn device manufacturer reported increases in revenue and net income in its first-quarter results. IntriCon Corporation (NASDAQ:IIN) weekly performance is 43.23%. On last trading day company shares ended up $6.66. IntriCon Corporation (NASDAQ:IIN) distance from 50-day simple moving average (SMA50) is 42.76%.

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