Industrial Goods unusual Volume: Ballard Power Systems (NASDAQ:BLDP), Capstone Turbine Corporation (NASDAQ:CPST), Greenhunter Resources Inc (NYSEMKT:GRH), Magnetek (NASDAQ:MAG)

Posted by on Mar 13, 2014

Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) announced that 4,935,600 warrants to purchase shares – which were issued as part of two underwritten offerings closed in 2013 – have been exercised, generating proceeds of approximately US $7.6 million. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP) stock opened at $4.93 in last session, and closed at $5.36, while the day range of stock is $4.16 – $5.76.

Shares of Capstone Turbine (NASDAQ:CPST) traded up 6% on Wednesday after Capstone raised their price target on the stock from $1.90 to $2.70, American Banking & Market News reports. Capstone Turbine Corporation (NASDAQ:CPST) stock opened at $2.29, in last session and closed at $2.32, by gaining 6.42%. The 52 week range of the stock is $0.82 -$2.48. Company’s market capitalization is $719.50 million.

GreenHunter Resources, Inc. (NYSEMKT:GRH) announced that it has declared a monthly cash dividend on the Company’s 10.0% Series C Cumulative Perpetual Preferred Stock (“Series C Preferred Stock”). Greenhunter Resources Inc (NYSEMKT:GRH) stock decreased -1.52% and finished the last session at $1.03. The EPS of the stock remained -0.57. Company’s market capitalization is $34.94 million.

Magnetek Inc (NASDAQ:MAG)which manufactures digital power and motion control systems, reported its fourth-quarter sales were $25.2 million, a 15 percent decrease compared with the same time last year due to lower sales in the material handling market. Magnetek Inc (NASDAQ:MAG) stock opened the session at $22.40, and closed the session at $18.87. The 52 week range of the stock remained $10.42 – $25.75 and the day range was $18.82 – $22.40.

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