NASDAQ Losers: SolarCity Corp (NASDAQ:SCTY), FireEye (NASDAQ:FEYE), Rubicon Technology (NASDAQ:RBCN), MagneGas Corporation (NASDAQ:MNGA)

SolarCity Corp (NASDAQ:SCTY) reported a Q4 loss of $0.46/share and revenue of $47.3 million on Tuesday afternoon. Both surpassed consensus expectations. But the stock is down more than 1% this morning after the firm guided to lower and warned on narrower margins. SolarCity Corp (NASDAQ:SCTY) shares after opening at $76.17 moved to $76.75 on last trade day and at the end of the day closed at $72.70. Company price to sales ratio in past twelve months was calculated as 40.97 and price to cash ratio as 43.68. SolarCity Corp (NASDAQ:SCTY) showed a negative weekly performance of -7.39%.

FireEye, Inc. (NASDAQ:FEYE) announced the pricing of its follow-on public offering of 14,000,000 shares of its common stock at a price to the public of $82.00 per share. Of the shares being offered, 5,582,215 are being offered by FireEye and the remaining shares are being offered by existing stockholders.FireEye Inc (NASDAQ:FEYE) shares fell -8.04% in last trading session and ended the day on $71.50. FireEye Inc (NASDAQ:FEYE) return on equity ratio is recorded as -38.90% and its return on assets is -22.80%.

Rubicon Technology (NASDAQ:RBCN) was upgraded by TheStreet from a “sell” rating to a “hold” rating in a research note issued on Wednesday, StockRatingsNetwork reports. Rubicon Technology, Inc. (NASDAQ:RBCN) shares moved down -8.29% in last trading session and was closed at $12.94 while trading in range of $12.84 – $13.97 – Rubicon Technology, Inc. (NASDAQ:RBCN) year to date (YTD) performance is 30.05%.

MagneGas Corporation (NASDAQ:MNGA) a leading technology company that counts among its inventions a technology that converts liquid waste into a hydrogen-based fuel, will be exhibiting and its CEO will be moderating a panel called “Making it Work: How Digester Designs Evolve to Meet Unique Operating Conditions,” at the 7th Annual International Biomass Conference & Expo. MagneGas Corporation (NASDAQ:MNGA) weekly performance is 50.60%. On last trading day company shares ended up $1.25. MagneGas Corporation (NASDAQ:MNGA) distance from 50-day simple moving average (SMA50) is 37.39%. Analysts mean target price for the company is $0.95.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *