Industrial Goods Volatile Stocks: UQM Technologies (NYSEMKT:UQM), China Recycling Energy (NASDAQ:CREG), Hydrogenics Corporation (NASDAQ:HYGS), Highpower International (NASDAQ:HPJ)

Posted by on Apr 17, 2014

UQM Technologies Inc (NYSEMKT:UQM) has announced that William Rankin, 70, has decided to retire and resign from his position as chairman of the board of directors, effective April 30. Rankin joined UQM in 1992 and served as CEO from 1999 until his retirement from that role in 2010. UQM Technologies Inc (NYSEMKT:UQM) shares after opening at $2.29 moved to $2.55 on last trade day and at the end of the day closed at $2.41. Company price to sales ratio in past twelve months was calculated as 12.65 and price to cash ratio as 15.46. UQM Technologies Inc (NYSEMKT:UQM) showed a negative weekly performance of -7.31%.

China Recycling Energy Corp. (NASDAQ:CREG), a leading industrial waste-to-energy solution provider in China, announced the appointment of Christensen, a global IR and financial media communications firm, as its investor relations advisor. China Recycling Energy Corp. (NASDAQ:CREG) shares advanced 7.80% in last trading session and ended the day on $3.18. CREG return on equity ratio is recorded as 10.60% and its return on assets is 5.70%. China Recycling Energy Corp. (NASDAQ:CREG) yearly performance is 238.30%.

Hydrogenics Corporation (USA) (NASDAQ:HYGS), a leading developer and manufacturer of hydrogen generation and hydrogen-based power modules, announced that customer-driven timing of deliveries have impacted revenue for the first quarter of 2014. Hydrogenics Corporation (USA) (NASDAQ:HYGS) shares moved up 3.57% in last trading session and was closed at $19.75 while trading in range of $18.43 – $20.15 – Hydrogenics Corporation (USA) (NASDAQ:HYGS) year to date (YTD) performance is 3.13%.

Highpower International, Inc (Nasdaq:HPJ) announced that the Company’s subsidiary, Huizhou Highpower, has officially become a supplier to SONY and has begun receiving orders and shipping products. The initial orders for Highpower’s lithium polymer batteries will be used for SONY’s wireless products. Highpower International Inc (NASDAQ:HPJ) weekly performance is -22.33%. On last trading day company shares ended up $4.80. Highpower International Inc (NASDAQ:HPJ) distance from 50-day simple moving average (SMA50) is 6.69%. Analysts mean target price for the company is $4.00.

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