The Dixie Group, Inc. (NASDAQ:DXYN) on Wednesday reported financial results for the first quarter ended March 29, including higher sales but an operating loss. For the first quarter of 2014, the company had sales of $85,313,000 and income from continuing operations of $3,308,000, or $0.24 per diluted share, compared with sales of $75,440,000 and income from continuing operations of $651,000, or $0.05 per diluted share for the same quarter in 2013. The company had an operating loss of $2,469,000 for the period offset by a gain on the acquisition of Atlas Carpet Mills. Dixie Group Inc. (NASDAQ:DXYN) shares after opening at $16.00 moved to $16.00 on last trade day and at the end of the day closed at $15.07. Company price to sales ratio in past twelve months was calculated as 0.58 and price to cash ratio as 669.11. Dixie Group Inc. (NASDAQ:DXYN) showed a negative weekly performance of -4.20%.
Analysts at Zacks upgraded shares of Broadwind Energy Inc. (NASDAQ:BWEN) from a “neutral” rating to an “outperform” rating in a research note on Monday, April 21st. They now have a $13.80 price target on the stock. Broadwind Energy Inc. (NASDAQ:BWEN) shares advanced 11.95% in last trading session and ended the day on $13.49. BWEN return on equity ratio is recorded as -10.60% and its return on assets is -6.50%. Broadwind Energy Inc. (NASDAQ:BWEN) yearly performance is 199.78%.
On March 24, 2014, Vertex Energy, Inc. (NASDAQ:VTNR) issued a press release regarding its financial results for the fiscal year ended December 31, 2013.Vertex Energy Inc. (NASDAQ:VTNR) shares moved down -9.77% in last trading session and was closed at $8.13, while trading in range of $8.00 – $9.19. Vertex Energy Inc. (NASDAQ:VTNR) year to date (YTD) performance is 142.69%.
China Ming Yang Wind Power Group Ltd (NYSE:MY) on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Electrical Equipment industry. The net income has significantly decreased by 1672.3% when compared to the same quarter one year ago, falling from $0.55 million to -$8.70 million. China Ming Yang Wind Power Group Ltd (NYSE:MY) weekly performance is -16.19%. On last trading day company shares ended up $2.33. China Ming Yang Wind Power Group Ltd (NYSE:MY) distance from 50-day simple moving average (SMA50) is -24.24%. Analysts mean target price for the company is $0.90.