On April 30, 2014, Plug Power Inc. (NASDAQ:PLUG) issued a press release titled “Plug Power Inc. Announces Closing of Public Offering of Common Stock. Plug Power Inc. (NASDAQ:PLUG) shares after opening at $3.90 moved to $4.08 on last trade day and at the end of the day closed at $3.95. Company price to sales ratio in past twelve months was calculated as 21.38 and price to cash ratio as 113.73. Plug Power Inc. (NASDAQ:PLUG) showed a negative weekly performance of -15.05%.
Orion Energy Systems (NASDAQ:OESX) is set to post its Q314 quarterly earnings results on Wednesday, May 7th. Analysts expect Orion Energy Systems to post earnings of ($0.01) per share and revenue of $22.18 million for the quarter. Orion Energy Systems has set its Q1 guidance at ($0.02)-0.01 EPS. Orion Energy Systems, Inc. (NYSEMKT:OESX) shares fell -6.67% in last trading session and ended the day on $4.90. Orion Energy Systems, Inc. (NYSEMKT:OESX) yearly performance is 104.17%.
On April 16, 2014, Altair Nanotechnologies Inc. (NASDAQ:ALTI) received a letter from The NASDAQ Stock Market (“Nasdaq”) indicating that the Company was not in compliance with the audit committee requirements in Nasdaq Marketplace Rule 5605. Among other things, Rule 5605 requires that the Company have an audit committee composed of at least three independent directors. Eqbal Al Yousuf, a member of the Company’s audit committee, was appointed to the Board of Directors and the Audit Committee on August 26, 2013 and resigned on March 20, 2014. According to the letter, pursuant to Rule 5605(c)(4), the Company has been provided a cure period in order to regain compliance, which cure period shall survive until the earlier of the Company’s next annual shareholders meeting or March 20, 2015. Altair Nanotechnologies Inc. (NASDAQ:ALTI) shares moved down -6.45% in last trading session and was closed at $3.28, while trading in range of $3.15 – $3.50. Altair Nanotechnologies Inc. (NASDAQ:ALTI) year to date (YTD) performance is -16.33%.
Corning (NYSE:GLW) CEO Wendell Weeks sold 150,000 shares of Corning stock in a transaction that occurred on Thursday, May 1st. The shares were sold at an average price of $21.07, for a total value of $3,160,500.00. Corning Incorporated (NYSE:GLW) weekly performance is -0.14%. On last trading day company shares ended up $20.88. Corning Incorporated (NYSE:GLW) distance from 50-day simple moving average (SMA50) is 3.05%. Analysts mean target price for the company is $21.22.