Pre-market Decliners: ASML Holding (NASDAQ:ASML), Applied Materials (NASDAQ:AMAT), Texas Instruments Incorporated (NASDAQ:TXN), Ocean Power Technologies (NASDAQ:OPTT)

Posted by on Apr 16, 2014

ASML Holding NV (NASDAQ: ASML) reported Q1 EPS of €0.57, versus €1.09 reported last year and the consensus of €0.53. Revenue for the quarter came in at €1.4 million, versus €1.35 million reported last year. ASML Holding NV (ADR) (NASDAQ:ASML) stock opened today at $80.31 and is currently trading at $80.73. The stock showed a negative weekly performance of -4.94%.

Applied Materials, Inc. (NASDAQ:AMAT) inched up on Friday after it was received Intel Corporation’s Preferred Quality supplier (PQS) award for its operation in the year 2013.Applied Materials, Inc. (NASDAQ:AMAT) stock opened at $18.70, in current trading session and currently is at $18.52, by loosing -1.80%. The 52 week range of $12.65-$21.16. Company’s market capitalization is $22.43 billion.

Analysts at ISI Group started coverage on shares of Texas Instruments (NYSE:TXN) in a research report issued to clients and investors on Thursday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating and a $50.00 price target on the stock.ISI Group’s price target points to a potential upside of 11.16% from the company’s current price. Texas Instruments Incorporated (NASDAQ:TXN) stock is currently trading at $44.75.The EPS of the stock is 1.91. Company’s market capitalization is $48.52 billion.

The first week of April was a busy one for Ocean Power Technologies Inc (NASDAQ:OPTT), based in Pennington, N.J. The Ocean Power Technologies Inc (NASDAQ:OPTT), which has boasted about receiving the nation’s first wave power permit for a small project near Reedsport, said it had abandoned that project. And the company announced it would offer shares to the public in a secondary stock offering. It completed the offering last week, raising net proceeds of $12.5 million.Ocean Power Technologies Inc (NASDAQ:OPTT) stock opened the session at $2.65, and now is at $2.69. The 52 week range of the OPTT stock remained $1.47-$7.01 and the day range was $2.64-$2.71.

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