Plug Power Inc. (NASDAQ:PLUG) announced that it has acquired the assets of ReliOn Inc., a developer of hydrogen fuel cell stack technology and fuel cell systems based in Spokane, WA. The acquisition adds valuable fuel cell stack technology and products that Plug Power plans to integrate into several models of its Gen Drive fuel cell systems with first deployments this year. ReliOn develops modular, scalable proton exchange membrane (PEM) hydrogen fuel cell systems that feature innovative air-cooled stack designs with unique, low-cost snap-and-build stack assembly technology. Plug Power Inc (NASDAQ:PLUG) shares after opening at $7.08 moved to $7.28 on last trade day and at the end of the day closed at $7.21. Company price to sales ratio in past twelve months was calculated as 42.33 and price to cash ratio as 94.29. Plug Power Inc (NASDAQ:PLUG) showed a negative weekly performance of -4.38%.
Shares of Alpha Natural Resources (NYSE:ANR) saw a significant decrease in short interest in the month of January. As of March 14th, there was short interest totalling 49,073,570 shares, a decrease of 8.0% from the February 28th total of 53,358,871 shares, American Banking News.com reports. Based on an average daily trading volume, of 12,437,146 shares, the short-interest ratio is currently 3.9 days. Currently, 22.7% of the company’s shares are sold short. Alpha Natural Resources, Inc. (NYSE:ANR) shares advanced 7.25% in last trading session and ended the day on $4.88. ANR return on equity ratio is recorded as -24.70% and its return on assets is -9.00%.Alpha Natural Resources, Inc. (NYSE:ANR) yearly performance is -38.23%.
Chico’s FAS Inc. (NYSE:CHS) SVP Eric Singleton sold 4,116 shares of the company’s stock in a transaction dated Friday, March 28th. The stock was sold at an average price of $16.29, for a total value of $67,049.64. Following the sale, the senior vice president now directly owns 53,539 shares of the company’s stock, valued at approximately $872,150.Chico’s FAS, Inc. (NYSE:CHS) shares moved up 8.43% in last trading session and was closed at $16.97, while trading in range of $15.51 – 17.01. Chico’s FAS, Inc. (NYSE:CHS) year to date (YTD) performance is -9.49%.
Stock analysts at Citigroup Inc. hoisted their price objective on shares of Baidu (NASDAQ:BIDU) from $175.00 to $215.00 in a report issued on Monday, Stock Ratings Network.com reports. Citigroup Inc.’s price objective indicates a potential upside of 24.70% from the stock’s previous close. Baidu Inc (ADR)(NASDAQ:BIDU) weekly performance is -5.16%. On last trading day company shares ended up $150.96. Baidu Inc (ADR) (NASDAQ:BIDU) distance from 50-day simple moving average (SMA50) is -7.91%. Analysts mean target price for the company is $1259.52.