EMCORE Corporation (NASDAQ:EMKR) a leading provider of compound semiconductor-based components and subsystems for the fiber optics and space solar power markets, announced that it has expanded its recently launched DOCSIS 3.1 laser line with the release of the Model 1616A DOCSIS 3.1, 1310 nm DFB Laser Module for CATV (Cable Television) applications. The new 1616A laser module is compliant with the new DOCSIS 3.1 standard, supporting operational bandwidth up to 1.2 GHz. EMCORE Corporation (NASDAQ:EMKR) net profit margin is 1.70% and weekly performance is -2.31%. On last trading day company shares ended up $3.81. Analysts mean target price for the company is $7.25. EMCORE Corporation (NASDAQ:EMKR) distance from 50-day simple moving average (SMA50) is -20.79%.
China Sunergy Co Ltd (NASDAQ:CSUN)a specialized solar cell and module manufacturer, announced that it would report its financial results for the first quarter ended March 31, 2014 on Wednesday, May 28, 2014, before the market opens in the United States. China Sunergy Co Ltd (NASDAQ:CSUN) shares advanced 9.75% in last trading session and ended the day on $3.05. Gross Margin is 2.70% and its return on assets is -13.10%. China Sunergy Co Ltd (NASDAQ:CSUN) quarterly performance is -50.49%.
Equities research analysts at Piper Jaffray reduced their price objective on shares of Applied Optoelectronics (NASDAQ:AAOI) from $32.00 to $28.00 in a research note issued to investors on Friday,AnalystRatingsNetwork reports. Piper Jaffray’s target price points to a potential upside of 60.55% from the stock’s previous close. Applied Optoelectronics Inc (NASDAQ:AAOI) shares moved up 6.23% in last trading session and was closed at $19.28, while trading in range of $17.99 – $19.60. Applied Optoelectronics Inc (NASDAQ:AAOI) year to date (YTD) performance is 28.45%.
QuickLogic Corporation (NASDAQ:QUIK) saw a big move last session, as the company’s shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for QUIK, as the stock is now down about 33% in the past one-month time frame. QuickLogic Corporation (NASDAQ:QUIK) ended the last trading day at $3.90. Company weekly volatility is calculated as 8.25% and price to cash ratio as 5.75. QuickLogic Corporation (NASDAQ:QUIK) showed a positive weekly performance of 13.37%.
ParkerVision, Inc. (NASDAQ:PRKR) rose 6.10% after the news that the court gave ruling in favor of ParkerVision’s against its ongoing battle with mobile chip giant Qualcomm (NASDAQ: QCOM). This is ParkerVision’s second go-around in the courts with Qualcomm, which it beat last October for a $173 million judgment on allegations of patent infringement. This case appears to be a continuation of the same issue, as ParkerVision and Qualcomm are presently exchanging motions in Florida’s Middle District Court in the wake of a fresh patent infringement lawsuit filed last week. ParkerVision, Inc. (NASDAQ:PRKR) weekly performance is-11.85%. On last trading day company shares ended up $4.61. Analysts mean target price for the company is $12.85. ParkerVision, Inc. (NASDAQ:PRKR) distance from 50-day simple moving average (SMA50) is -4.21%.