Stock To Watch: Arotech (NASDAQ:ARTX), Homex Development Corp. (ADR) (NYSE:HXM), Ocean Power Technologies Inc (NASDAQ:OPTT), Highpower International Inc (NASDAQ:HPJ)

Arotech Corporation (NASDAQ:ARTX) announced that it has acquired UEC Electronics, LLC, a company based in Hanahan, South Carolina. UEC will be integrated into Arotech’s Battery and Power Systems Division. UEC develops and manufactures electronic components and subsystems primarily for military, aerospace and industrial customers. Arotech Corporation (NASDAQ:ARTX) shares after opening at $4.29 moved to $4.53 on last trade day and at the end of the day closed at $4.33. Company price to sales ratio in past twelve months was calculated as 0.97 and price to cash ratio as 17.82. Arotech Corporation (NASDAQ:ARTX) showed a negative weekly performance of -8.26%.

Homex Development Corp. (ADR) (NYSE:HXM) announced that it is in discussions with an affiliate of Zell Credit Opportunities Fund, ZCOF, to provide secured financing. The financing will be comprised of a project development tranche of up to Ps.1.8B to fund construction of over 8,000 new homes and a working capital tranche of up to Ps.300M for general corporate purposes. Homex Development Corp. (ADR) (NYSE:HXM) shares advanced 2.53% in last trading session and ended the day on $1.62. HXM return on equity ratio is recorded as -157.20% and its return on assets is -30.90%. Homex Development Corp. (ADR) (NYSE:HXM) yearly performance is -79.12%.

Ocean Power Technologies Inc (NASDAQ:OPTT) has been successful in harnessing the mechanical energy of the ocean – caused by the rise and fall of waves- into electricity for commercial conversion. Ocean Power Technologies Inc (NASDAQ:OPTT) shares moved down -3.10% in last trading session and was closed at $2.81 while trading in range of $2.71 – $2.97 – Ocean Power Technologies Inc (NASDAQ:OPTT) year to date (YTD) performance is 46.35%.

TheStreet Ratings team rates HIGHPOWER INTERNATIONAL INC (NASDAQ:HPJ) as a Hold with a ratings score of C. Highpower International Inc (NASDAQ:HPJ) weekly performance is -3.52%. On last trading day company shares ended up $5.75. Highpower International Inc (NASDAQ:HPJ) distance from 50-day simple moving average (SMA50) is 31.63%. Analysts mean target price for the company is $4.00.