Alliance Fiber Optic Products (NASDAQ:AFOP) issued its quarterly earnings data on Thursday. The company reported $0.35 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.30 by $0.05, ARN reports. The company had revenue of $24.88 million for the quarter, compared to the consensus estimate of $23.65 million. During the same quarter in the prior year, the company posted $0.12 earnings per share. The company’s quarterly revenue was up 104.8% on a year-over-year basis. Alliance Fiber Optic Products Inc (NASDAQ:AFOP) shares after opening at $17.62 moved to $18.93 on last trade day and at the end of the day closed at $18.36. Company price to sales ratio in past twelve months was calculated as 4.45 and price to cash ratio as 7.25. Alliance Fiber Optic Products Inc (NASDAQ:AFOP) showed a positive weekly performance of 6.00%.
Digital Power Corporation (NYSE: DPW) soared more than 90% to a one-year high of $3.05 as of 11 a.m. on Wednesday after the company announced it had received a five-year contract from Israel Aerospace Industries. Digital Power will provide its low-voltage power supply multiple outputs converter to IAI for the duration of the contract, which covers the manufacturing and delivery of the LVPS modules. IAI will use the LVPS to power the TAMAM Modular Azimuth Position System (TMAPS) navigation system, which the Israel Defense Forces (IDF) uses in tactical warfare. Digital Power Corporation (NYSEMKT: DPW) shares fell -8.62% in last trading session and ended the day on $1.06. DPW return on equity ratio is recorded as -11.10% and its return on assets is -8.60%. Digital Power Corporation (NYSEMKT: DPW) yearly performance is 73.77%.
Investment analysts at Jefferies Group dropped their price objective on shares of Corning (NYSE:GLW) to $17.00 in a note issued to investors on Friday, StockRatingsNetwork.com reports. The firm currently has a “hold” rating on the stock. Jefferies Group’s price target would indicate a potential downside of 19.77% from the company’s current price. Corning Incorporated (NYSE:GLW) shares moved down -2.12% in last trading session and was closed at $20.74, while trading in range of $ 20.67 – 21.14 .Corning Incorporated (NYSE:GLW) year to date (YTD) performance is 16.98%.
Plug Power Inc (NASDAQ:PLUG) is on a roll with this year. Reportedly, Plug Power has made its biggest share offering till date in this year. The volume of the shares has been continuously increasing on a yearly basis for Plug Power. This company has been the biggest gainer in the stock market. But now, the profits have slowed down a bit. Plug Power Inc (NASDAQ:PLUG) weekly performance is -26.64%. On last trading day company shares ended up $5.37. Plug Power Inc (NASDAQ:PLUG) distance from 50-day simple moving average (SMA50) is -13.71%. Analysts mean target price for the company is $7.75.