Shares of Himax Technologies, Inc. (ADR) (NASDAQ:HIMX), closed down 10.41% on Monday with about 15 million shares traded. The stock was one of the biggest decliners on the NASDAQ. Rumors surfaced last week that the company is losing Google Glass as one of its clients. Himax Technologies, Inc. (ADR) (NASDAQ:HIMX), net profit margin is 8.00% and weekly performance is -22.45%. On last trading day company shares ended up $5.94. Analysts mean target price for the company is $9.78. Himax Technologies, Inc. (ADR) (NASDAQ:HIMX), distance from 50-day simple moving average (SMA50) is -36.22%.
GT Advanced Technologies Inc (NASDAQ:GTAT), Insider Fmr Llc sold 464,771 shares of the company’s stock in a transaction dated Tuesday, May 27th. The stock was sold at an average price of $15.98, for a total value of $7,427,040.58. GT Advanced Technologies Inc (NASDAQ:GTAT), fell 1.07% in last trading session and ended the day on $16.68. GTAT, Gross Margin is 30.60% and its return on assets is -10.10%. GT Advanced Technologies Inc (NASDAQ:GTAT), quarterly performance is 10.90%.
On May 22, 2014, Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), recently announced to have initiated trial production of N-MWT (N-type Metal Wrap Through) technology based mono-crystalline silicon modules. The company mentioned that the production has been supported by equipment provided by a leading supplier of automated manufacturing lines and photovoltaic technology, Formula E. The equipment designed by Formula E will support back contact applications in the production of N-MWT based silicon modules. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), shares moved down 7.10% in last trading session and was closed at $3.14, while trading in range of $3.12 – 3.44. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), year to date (YTD) performance is -37.82%.
On May 29, 2014, ReneSola Ltd. (ADR) (NYSE:SOL), a leading brand and technology provider of solar photovoltaic (“PV”) products, announced its unaudited financial results for the first quarter ended March 31, 2014. Net revenues were US$415.0 million, compared to US$438.8 million in Q4 2013. Gross profit was US$44.0 million with a gross margin of 10.6%, compared to gross profit of US$49.7 million with a gross margin of 11.3% in Q4 2013. Operating loss was US$8.7 million with an operating margin of negative 2.1%, compared to operating income of US$8.8 million with an operating margin of 2.0% in Q4 2013. Net loss attributable to holders of ordinary shares was US$14.6 million, representing basic and diluted loss per share of US$0.07 and basic and diluted loss per American depositary share (“ADS”) of US$0.14. ReneSola Ltd. (ADR) (NYSE:SOL), ended the last trading day at $2.38. Company weekly volatility is calculated as 8.89% and price to cash ratio as 2.79. ReneSola Ltd. (ADR) (NYSE:SOL), showed a negative weekly performance of 12.82%.
On May 26, 2014, SunRise Power, a leading Canadian provider of photovoltaic (PV) systems and engineering, procurement, construction, and maintenance services (EPCM) is pleased to announce a cooperation withCosma International, a leading global metal forming supplier and Hanwha Solarone Co Ltd (NASDAQ:HSOL),, a top 10 global photovoltaic module manufacturer, to deliver bankable PV system solutions to the Mexican PV market. Hanwha Solarone Co Ltd (NASDAQ:HSOL), net profit margin is -35.80% and weekly performance is 3.88%. On last trading day company shares ended up $2.41. Analysts mean target price for the company is $5.00. Hanwha Solarone Co Ltd (NASDAQ:HSOL), distance from 50-day simple moving average (SMA50) is -11.14%.
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