Micro cap Losers: ReneSola Ltd. (NYSE:SOL), Prana Biotechnology Limited (NASDAQ:PRAN), Microvision, Inc. (NASDAQ:MVIS), UQM Technologies (NYSEMKT:UQM)

Posted by on Apr 16, 2014

One stock that might be an intriguing choice for investors right now is ReneSola Ltd. (NYSE:SOL). This is because this security in the Solar space is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective. ReneSola Ltd. (ADR) (NYSE:SOL) shares after opening at $2.90 moved to $3.00 on last trade day and at the end of the day closed at $2.71. Company price to sales ratio in past twelve months was calculated as 0.18 and price to cash ratio as 3.17. ReneSola Ltd. (ADR) (NYSE:SOL) showed a negative weekly performance of -15.84%.

HC Wainwright downgraded shares of Prana Biotechnology (NASDAQ:PRAN) from a buy rating to a neutral rating in a report issued on Monday, TheFlyOnTheWall.com reports. They currently have $5.00 target price on the stock, down from their previous target price of $33.00. Prana Biotechnology Limited (ADR) (NASDAQ:PRAN) shares fell -7.99% in last trading session and ended the day on $1.74. PRAN return on equity ratio is recorded as -145.20% and its return on assets is -114.80%. Prana Biotechnology Limited (ADR) (NASDAQ:PRAN) yearly performance is -22.37%.

Microvision, Inc. (NASDAQ:MVIS) on the basis of net income growth from the same quarter one year ago, has underperformed when compared to that of the S&P 500 and the Electronic Equipment, Instruments & Components industry average. The net income increased by 4.6% when compared to the same quarter one year prior, going from -$3.85 million to -$3.67 million. Microvision, Inc. (NASDAQ:MVIS) shares moved down -5.65% in last trading session and was closed at $1.59, while trading in range of $1.49 – $1.74. Microvision, Inc. (NASDAQ:MVIS) year to date (YTD) performance is 20.08%.

UQM Technologies, Inc. (NYSEMKT:UQM) announced that William G. Rankin, 70, has decided to retire and resign from his position as Chairman of the Board of Directors, effective April 30, 2014. UQM Technologies Inc. (NYSEMKT:UQM) weekly performance is -10.55%. On last trading day company shares ended up $2.29. UQM Technologies Inc. (NYSEMKT:UQM) distance from 50-day simple moving average (SMA50) is 2.45%. Analysts mean target price for the company is $1.30.

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