Industrial Goods Top Losers: Clean Diesel Technologies, Inc. (NASDAQ:CDTI), Highpower International (NASDAQ:HPJ), Micronet Enertec Technologies (NASDAQ:MICT), Ideal Power (NASDAQ:IPWR)

The rally seems to disappear for Clean Diesel Technologies, Inc. (NASDAQ:CDTI) as the stock is continuously retreating from its earlier gains. The nano-cap company had been on a rip after it announced last week that it has received a notable contract from Honda. The Ventura, California based company had confirmed then that it has started the manufacturing of the ordered catalysts, which comes packed with its high-performance Mixed Phase Catalyst (MPC) technology, specially meant for Honda’s Acura TLX 2015 model. Clean Diesel, which is an engine and emissions-control systems developer, has been associated with Honda for a long time, wherein, it delivered its solutions for models like Honda Accord, RLX and Acura TS. Clean Diesel Technologies, Inc. (NASDAQ:CDTI) shares after opening at $6.26 moved to $6.42 on last trade day and at the end of the day closed at $5.63. Company price to sales ratio in past twelve months was calculated as 0.99 and price to cash ratio as 11.32. Clean Diesel Technologies, Inc. (NASDAQ:CDTI) showed a positive weekly performance of 19.79%.

Highpower International Inc (NASDAQ:HPJ) believes it can become a global leader in delivering rechargeable battery solutions. But what are the opportunities or challenges that there are for the company towards attaining this dream? The recent order announcement has been the center reason why the stock of HPJ has been in an exciting position. Highpower International Inc (NASDAQ:HPJ) shares fell -6.36% in last trading session and ended the day on $5.01. HPJ return on equity ratio is recorded as 2.30% and its return on assets is 0.60%. Highpower International Inc (NASDAQ:HPJ) yearly performance is 377.14%.

On a related note, analysts at Aegis initiated coverage on shares of Micronet Enertec in a research note on Thursday, March 13th. They set a “hold” rating on the stock. Micronet Enertec Technologies Inc (NASDAQ:MICT) shares moved down -4.99% in last trading session and was closed at $5.31, while trading in range of $5.29-$6.37. Micronet Enertec Technologies Inc (NASDAQ:MICT) year to date performance is 4.12%.

Ideal Power Inc (NASDAQ:IPWR),  a developer of a disruptive technology in the power conversion space, today announced that it will present at two investment conferences in March 2014: the 26th Annual ROTH Conference from March 9-11 and the Northland Capital Markets 2014 Growth Conference on March 12th. CEO Dan Brdar will make company presentations and host one-on-one meetings with investors. Ideal Power Inc (NASDAQ:IPWR) weekly performance is 1.73%. On last trading day company shares ended up $10.02. Ideal Power Inc (NASDAQ:IPWR) distance from 50-day simple moving average is 30.86%.

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