Methes Energies International Ltd. (NASDAQ:MEIL), a renewable energy company that offers an array of products and services to biodiesel fuel producers, announced that it has selected Genscape Inc. as its Quality Assurance Plan (QAP) provider for Renewable Identification Numbers (RINs) verification. Methes Energies International Ltd. (NASDAQ:MEIL), net profit margin is -62.90% and weekly performance is -4.85%. On last trading day company shares ended up $1.96. Methes Energies International Ltd. (NASDAQ:MEIL), distance from 50-day simple moving average (SMA50) is -22.83%.
Echo Therapeutics Inc (NASDAQ:ECTE), a medical device company developing its Symphony((R)) CGM System as a non-invasive, wireless continuous glucose monitoring system, announced that Glass Lewis & Co., a leading independent proxy advisory service, has recommended to its clients that Echo stockholders vote the WHITE proxy card FOR both of the Echo Board of Directors’ director nominees at Echo’s Annual Meeting of Stockholders to be held on June 19, 2014. Echo Therapeutics Inc (NASDAQ:ECTE), advanced 1.91% in last trading session and ended the day on $12.35. ECTE, return on assets is -82.20%. Echo Therapeutics Inc (NASDAQ:ECTE), quarterly performance is -38.59%.
On May 22, 2014, Mr. Xuechu He, who was named #38 on Forbes richest Chinese list in 2010 with a new worth of RMB 12 billion, purchased a stake in You On Demand Holdings, Inc. (NASDAQ:YOD), from C Media Limited (“C Media”), a leading mobile video service provider in China, in a private stock transaction. Mr. He purchased 2,285,715 restricted Series E convertible preferred shares. You On Demand Holdings, Inc. (NASDAQ:YOD), shares moved down 1.03% in last trading session and was closed at $3.02, while trading in range of $2.98 – 3.25. You On Demand Holdings, Inc. (NASDAQ:YOD), year to date (YTD) performance is 33.63%.
On May 28, 2014, India Globalization Capital, Inc. (NYSEMKT:IGC), has confirmed it has initiated a letter of intent demonstrating its clear intention to acquire Hong Kong based, Golden gate. Subject to execution of the acquisition agreement, satisfaction of due diligence and approval by IGC board, the transaction should close in the current quarter. Speedy completion of the transaction is as a result of the transaction not requiring a ny vote from IGC shareholders. India Globalization Capital, Inc. (NYSEMKT:IGC), ended the last trading day at $1.52. Company weekly volatility is calculated as 13.19% and price to cash ratio as 30.47. India Globalization Capital, Inc. (NYSEMKT:IGC), showed a negative weekly performance of 7.28%.
BioFuel Energy Corp. (NASDAQ:BIOF), net profit margin is -8.10% and weekly performance is -6.82%. On last trading day company shares ended up $5.19. Analysts mean target price for the company is $0.60. BioFuel Energy Corp. (NASDAQ:BIOF), distance from 50-day simple moving average (SMA50) is -15.31%.