Ocean Power Technologies, Inc. (NASDAQ:OPTT) announced that it intends to offer shares of its common stock in an underwritten public offering. Ocean Power Technologies Inc. (NASDAQ:OPTT) shares after opening at $4.10 moved to $4.19 on last trade day and at the end of the day closed at $3.80. Company price to sales ratio in past twelve months was calculated as 23.77 and price to cash ratio as 3.17. Ocean Power Technologies Inc. (NASDAQ:OPTT) showed a positive weekly performance of 7.95%.
Broadwind Energy, Inc. (NASDAQ:BWEN) just hit a fresh high breaching the psychologically-important $10.00 per share mark for the first time. Broadwind Energy Inc. (NASDAQ:BWEN) shares fell -8.17% in last trading session and ended the day on $12.36. BWEN return on equity ratio is recorded as -13.60% and its return on assets is -8.70%. Broadwind Energy Inc. (NASDAQ:BWEN) yearly performance is 188.79%.
Ideal Power Inc. (NASDAQ:IPWR) Gross profit (loss) for the years ended December 31, 2013 and 2012 were $(254,549) and $3,043, respectively. Gross profit (loss) for the year ended December 31, 2013 was $257,592 lower than in the year ended December 31, 2012. Ideal Power Inc. (NASDAQ:IPWR) shares moved up 7.63% in last trading session and was closed at $8.89, while trading in range of $8.22 – $9.50. Ideal Power Inc. (NASDAQ:IPWR) year to date (YTD) performance is 67.42%.
On March 3, 2014, Adept Technology, Inc. (NASDAQ:ADEP) entered into Amendment No. 1 to the Amended and Restated Loan and Security Agreement (the “Loan and Security Agreement”) with Silicon Valley Bank and Amendment No. 1 to the Loan and Security Agreement (EX-IM Loan Facility) with Silicon Valley Bank. Adept Technology Inc. (NASDAQ:ADEP) weekly performance is 8.09%. On last trading day company shares ended up $18.98. Adept Technology Inc. (NASDAQ:ADEP) distance from 50-day simple moving average (SMA50) is 8.41%. Analysts mean target price for the company is $21.00.