NASDAQ Losers: Energy Recovery (NASDAQ:ERII), Synthesis Energy Systems (NASDAQ:SYMX), Five9 (NASDAQ:FIVN), Giga-tronics, Inc.orporated (NASDAQ:GIGA),

Posted by on Jun 24, 2014

Energy Recovery, Inc. (NASDAQ:ERII) held its 2014 Annual Meeting of Stockholders (the “Annual Meeting”) on June 20, 2014, at the Company’s offices in San Leandro, California. Three proposals were submitted to the Company’s stockholders for approval. The proposals are described in detail in the Company’s Proxy Statement for the Annual Meeting filed with the Securities and Exchange Commission on April 25, 2014. The final results for the votes regarding each proposal are set forth below. As of the April 21, 2014 record date for the Annual Meeting, there were 51,507,098 shares of common stock outstanding and entitled to vote, of which 40,739,442 shares of common stock, or a quorum of approximately 79.09%, were represented in person or by proxy. Energy Recovery, Inc. (NASDAQ:ERII) net profit margin is -5.90% and weekly performance is -4.35%. On last trading day company shares ended up $5.50. Analysts mean target price for the company is $5.55. Energy Recovery, Inc. (NASDAQ:ERII) distance from 50-day simple moving average (SMA50) is 6.81%.

Synthesis Energy Systems Inc. (NASDAQ:SYMX) on 30 may announced that its wholly owned subsidiary, SES Technologies LLC, Shanghai based Jiangsu Tianwo SES Clean Energy Technologies Limited and Midrex Technologies, Inc, a subsidiary of Kobe Steel Limited have entered into an exclusive agreement for the joint marketing of coal gasification based direct reduced iron facilities in China. Synthesis Energy Systems, Inc. (NASDAQ:SYMX) shares fell -5.85% in last trading session and ended the day on $1.61. SYMX gross Margin is 9.00% and its return on assets is -21.80%.Synthesis Energy Systems, Inc. (NASDAQ:SYMX) quarterly performance is -12.02%.

On June 11, Five9 Inc. (NASDAQ:FIVN) announced the latest version of its cloud contact center software, introducing four new native multichannel applications (email, chat, social, and mobile) as well as an intelligent technology layer called Five9 Connect. Five9 Inc. (NASDAQ:FIVN) shares moved down -5.09% in last trading session and was closed at $6.90, while trading in range of $6.84 – $7.45. Five9 Inc. (NASDAQ:FIVN) year to date (YTD) performance is -9.69%.

Shares of Giga-tronics, Inc. (NASDAQ:GIGA) are lower by -9.60% in after-hours trading today after reporting a net loss for the 2014 fourth quarter of -$1.3 million, or 25 cents per dilutes share, compared to a net loss for the 2013 fourth quarter of -$1.6 million, or 31 cents per diluted share.

Giga-tronics, Incorporated (NASDAQ:GIGA) ended the last trading day at $3.23. Company weekly volatility is calculated as 24.34% and price to cash ratio as 16.76.Giga-tronics, Incorporated (NASDAQ:GIGA) showed a positive weekly performance of 31.84%.

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