Tag: FENG

  • Tech Losers: Gogo (NASDAQ:GOGO), Canadian Solar (NASDAQ:CSIQ), Hanwha Solarone (NASDAQ:HSOL), Phoenix New Media (NYSE:FENG)

    Gogo Inc. (NASDAQ:GOGO) “Prepare for takeoff’ is taking on a whole new meaning at Gogo. The world’s leading provider of in-flight communications services has announced plans for a crew of jetpack operators, or “Jetpackonauts” as the company has dubbed them, to handle the work of installing connectivity and entertainment systems while aircraft are at cruising altitude. Gogo Inc. (NASDAQ:GOGO) shares after opening at $20.05 moved to $20.19 on last trade day and at the end of the day closed at $18.65. Company price to sales ratio in past twelve months was calculated as 4.83 and price to cash ratio as 5.95. Gogo Inc. (NASDAQ:GOGO) showed a negative weekly performance of -9.20%.

    Canadian Solar Inc. (NASDAQ:CSIQ), the best-performing solar maker last year, received a C$51 million ($46 million) loan from Manulife Financial Corp. (MFC) for its Mighty project in Ontario. Canadian Solar Inc. (NASDAQ:CSIQ) shares fell -8.49% in last trading session and ended the day on $28.35. CSIQ return on equity ratio is recorded as 9.60% and its return on assets is 1.30%. Canadian Solar Inc. (NASDAQ:CSIQ) yearly performance is 646.05%.

    Hanwha SolarOne Co. Ltd. (NASDAQ:HSOL), a top-10 global photovoltaic manufacturer of high-quality, cost-competitive solar modules, will showcase polycrystalline modules from its latest generation HSL series at the solar energy and technology fair Solarex Istanbul, which will take place from April 10 – 12 in Istanbul, Turkey. Hanwha Solarone Co Ltd (NASDAQ:HSOL) shares moved down -5.99% in last trading session and was closed at $2.67, while trading in range of $2.65 – $2.87. Hanwha Solarone Co Ltd (NASDAQ:HSOL) year to date (YTD) performance is -3.61%.

    Phoenix New Media Ltd ADR (NYSE:FENG) has been falling, but one investor apparently believes that the Chinese Internet stock is at an attractive level. Phoenix New Media Ltd ADR (NYSE:FENG) weekly performance is -10.03%. On last trading day company shares ended up $9.33. Phoenix New Media Ltd ADR (NYSE:FENG) distance from 50-day simple moving average (SMA50) is -13.47%. Analysts mean target price for the company is $89.46.