The fuel cell maker could turn profitable by the end of the year driven by expansion into Asia, analysts at Cowen and Co said. They also expect Plug Power Inc (NASDAQ:PLUG) to cut costs through dual sourcing and bulk purchases. Plug Power Inc (NASDAQ:PLUG) stock opened at $2.88 in last trading session, and closed at $3.27, trading in the range of $2.80 – $3.30. The stock showed a negative weekly performance of 21.56%.
Goldman Sachs Group Inc. reaffirmed their neutral rating on shares of Corning (NYSE:GLW) in a report issued on Monday, American Banking and Market News reports. Corning Incorporated (NYSE:GLW) shares closed at $17.19 on last trade day, by gaining 0.82%. Stock 52 week range is $11.75 – $19.12. Company’s market capitalization is $24.05 billion.
Sparton Corporation (NYSE:SPA) issued its quarterly earnings data on Monday. The company reported $0.35 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.30 by $0.05, AnalystRatingsNetwork.com reports. The company had revenue of $84.60 million for the quarter, compared to the consensus estimate of $78.22 million. During the same quarter in the prior year, the company posted $0.31 earnings per share. The company’s quarterly revenue was up 25.7% on a year-over-year basis. Sparton Corporation (NYSE:SPA) stock surged 7.83% and finished the last session at $29.46. The EPS of the stock remained 1.46. Company’s market capitalization is $297.62 million.
Alliance Fiber Optic Products Inc (NASDAQ:AFOP) average recommendation is Hold with average Target Price of $16.25. Alliance Fiber Optic Products Inc (NASDAQ:AFOP) stock opened at $14.20 in last trading session and closed at $12.06. The 52 week range of the stock is $5.42 – $23.94 and the day range was $1.81 – $14.35.