Tag: Arotech Corporation

  • NASDAQ Volatile Stocks: Plug Power Inc (NASDAQ:PLUG), Gogo Inc (NASDAQ:GOGO), Kingold Jewelry Inc (NASDAQ:KGJI), Arotech Corporation (NASDAQ:ARTX)

    Plug Power Inc (NASDAQ:PLUG) saw some unusual options trading on Friday. Traders purchased 38,912 put options on the stock, StockRatingsNetwork reports. This is an increase of approximately 168% compared to the average volume of 14,503 put options. Plug Power Inc (NASDAQ:PLUG) weekly performance is 15.32%. On last trading day company shares ended up $4.29. Analysts mean target price for the company is $7.75. Plug Power Inc (NASDAQ:PLUG) distance from 50-day simple moving average (SMA50) is -30.43%.

    Gogo Inc (NASDAQ:GOGO), the leading communications service provider for aircrafts, has through recent press release disclosed the financial results for the first quarter of the year 2014. The results for the Q1 look positive for Gogo in terms of increasing revenues and income. On the contrary, the company also reported an increase in operating expenses and capital expenditures, which does not look good. If the progress is to be achieved the company need to continue the good performance and make it better, but simultaneously it would also have to work on reducing costs and cutting down expenses. If Gogo keeps performing better not only on an annual but also on quarter-over-quarter basis, then the company would be able to achieve huge success and reach greater heights. Gogo Inc (NASDAQ:GOGO) shares advanced 5.31% in last trading session and ended the day on $13.68. Gross Margin is 48.80 % and its return on assets is -28.50%. Gogo Inc (NASDAQ:GOGO) quarterly performance is -31.15 %.

    Kingold Jewelry, Inc. (Nasdaq:KGJI) reported that net sales for the three months ended March 31, 2014, increased by 38.9% to $307.5 million from $221.4 million for the same period in 2013. Net income for the three months ended March 31, 2014 was $16.1 million, or $0.24 based on 66.6 million weighted average diluted shares outstanding, compared to net income of $3.0 million, or $0.05 per diluted share based on 61.2 million diluted shares outstanding, in the prior-year period. Kingold Jewelry Inc (NASDAQ:KGJI) shares moved up 22.50% in last trading session and was closed at $1.47, while trading in range of $1.43 – $1.73. Kingold Jewelry Inc (NASDAQ:KGJI) year to date (YTD) performance is -12.50%.

    Security and defense products provider, Arotech Corporation (NASDAQ:ARTX) announced 62.3% jump in profit for the first quarter driven by strong expansion of gross margin, as the revenue growth was a slender 1.4% over the last year quarter. The company reported a profit of $1.0 million, up 62.3% from $0.62 million and the earnings per share surged 66.7% to 5 cents from 3 cents in the year-ago quarter. One analyst estimated earnings of one cent a share. Arotech Corporation (NASDAQ:ARTX) ended the last trading day at $4.81. Company weekly volatility is calculated as 11.95% and price to cash ratio as 16.72. Arotech Corporation (NASDAQ:ARTX) showed a positive weekly performance of 57.70%.