Tag: Alliance Fiber Optic Products Inc

  • Diversified Electronics: Plug Power Inc (NASDAQ:PLUG), Corning Incorporated (NYSE:GLW), UniPixel Inc (NASDAQ:UNXL), China BAK Battery (NASDAQ:CBAK), Alliance Fiber Optic Products (NASDAQ:AFOP)

    Plug Power Inc. (NASDAQ:PLUG)’s shares jumped 0.68% to $4.43. The company on May 14 reported its 2014 first quarter results. Total revenue for the first quarter of 2014 was $5.6 million, comprised of $3.2 million for product revenue, $2.1 million for service revenue and $0.3 million for research and development (R&D) contract revenue. This compares to total revenue of $6.4 million in the first quarter of 2013, which was comprised of $4.7 million for product revenue, $1.3 million for service revenue and $0.4 million for R&D contract revenue. Net loss for the first quarter of 2014 was $75.9 million, or $0.57 per share on a basic and diluted basis. Plug Power Inc (NASDAQ:PLUG) weekly performance is 6.70%. On last trading day company shares ended up $4.30. Analysts mean target price for the company is $4.88. Plug Power Inc (NASDAQ:PLUG) distance from 50-day simple moving average (SMA50) is -27.11%.

    Corning Incorporated (NYSE:GLW)’s financial sponsorship and the leadership of its executives created a major attraction that served to launch the summer season for 30 years. Corning Inc. stepped up again, in a different role than it played in the Corning Incorporated (NYSE:GLW) Classic, to support and encourage GlassFest. The companyMuseum of Glass provided its popular hot-glass stage show as a major downtown attraction for the four-day event. Corning Incorporated (NYSE:GLW) shares advanced 0.33% in last trading session and ended the day on $21.22. GLW Gross Margin is 42.10% and its return on assets is 6.10%. Corning Incorporated (NYSE:GLW) quarterly performance is 11.86%.

    UniPixel Inc (NASDAQ:UNXL) posted its quarterly earnings results on Thursday, 08 May 2014. The company reported ($0.50) EPS for the quarter, meeting the Thomson Reuters consensus estimate of ($0.50), Stock Ratings Network.com reports. During the same quarter in the prior year, the company posted $0.07 earnings per share. The company’s quarterly revenue was down 100.0% on a year-over-year basis. UniPixel Inc (NASDAQ:UNXL) shares moved up 8.45% in last trading session and was closed at $5.39, while trading in range of $4.97 – $5.43. UniPixel Inc (NASDAQ:UNXL) year to date (YTD) performance is -46.15%.

    As previously disclosed, on December 17, 2013 and January 8, 2014, Shenzhen BAK Battery Co., Ltd. (“Shenzhen BAK”), a wholly-owned subsidiary of China BAK Battery Inc. (NASDAQ:CBAK) entered into two loan agreements (the “Loan Agreements”) with Mr. Jinghui Wang, pursuant to which, Shenzhen BAK borrowed from Mr. Wang an aggregate of RMB520 million (approximately $85.9 million) (the “Loans”). Pursuant to the Loan Agreements, Shenzhen BAK has the obligations to repay the principal amount of RMB520 million and any accrued interest to Mr. Wang by March 31, 2014. China BAK Battery Inc. (NASDAQ:CBAK) ended the last trading day at $2.04. Company weekly volatility is calculated as 9.76% and price to cash ratio as 2.57. China BAK Battery Inc.

    (NASDAQ:CBAK) showed a negative weekly performance of -21.24%.

    Alliance Fiber Optic Products Inc (NASDAQ:AFOP) Director Gwong Yih Lee sold 2,000 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $20.14, for a total value of $40,280.00. Following the completion of the sale, the director now directly owns 12,000 shares in the company, valued at approximately $241,680. Alliance Fiber Optic Products Inc (NASDAQ:AFOP) net profit margin is 24.80% and weekly performance is 12.49%. On last trading day company shares ended up $20.63. Analysts mean target price for the company is $22.50. Alliance Fiber Optic Products Inc (NASDAQ:AFOP) distance from 50-day simple moving average (SMA50) is 22.13%.