Whiting USA Trust I (NYSE:WHX) posted its quarterly earnings results on Thursday. The company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by $0.01, American Banking & Market News reports. Whiting USA Trust (NYSE:WHX) shares after opening at $2.66 moved to $2.84 on last trade day and at the end of the day closed at $2.84. Company price to sales ratio in past twelve months was calculated as 1.29 and price to cash ratio as 393.62. Whiting USA Trust (NYSE:WHX) showed a positive weekly performance of 10.51%.
Seanergy Maritime Holdings Corp. SHIP announced thatits Annual Report on Form 20-F for the fiscal year ended December 31,2013 (the “Annual Report on Form 20-F”) has been filed with the U.S.Securities and Exchange Commission. The Annual Report on Form 20-Fmay also be accessed through the Seanergy Maritime Holdings Corp.website, www.seanergymaritime.com, at the Investor Relations sectionunder Financial Reports. Seanergy Maritime Holdings Corp. (NASDAQ:SHIP) shares advanced 7.46% in last trading session and ended the day on $1.47. SHIP return on equity ratio is recorded as 224.70% and its return on assets is 114.60%. Seanergy Maritime Holdings Corp.(NASDAQ:SHIP) yearly performance is 4.67%.
DGSE Companies, Inc. (NYSE MKT: DGSE), a leading wholesaler and retailer of jewelry, diamonds, fine watches, and precious metal bullion and rare coin products, announced that James D. “Dusty” Clem has been appointed to the positions of Chairman, President and Chief Executive Officer of DGSE Companies, Inc., effective immediately. Mr. Clem replaces James Vierling, who has resigned as CEO and as a director of DGSE to accept a position with Elemetal, LLC (“Elemetal”), DGSE’s largest shareholder. DGSE Companies, Inc. (NYSEMKT:DGSE) shares moved up 7.49% in last trading session and was closed at $2.44, while trading in range of $ 2.37 – 2.47. DGSE Companies, Inc. (NYSEMKT: DGSE) ear to date (YTD) performance is 9.42%.
Global-Tech Advanced Innovations Inc. (NASDAQ:GAI) announced its financial results for the fiscal quarter ended December 31, 2013 (the Company’s third quarter of fiscal 2014). Net sales for the third quarter of fiscal 2014 were $20.5 million, up approximately 31% when compared to $15.6 million for the corresponding quarter in fiscal 2013. Net sales for the third quarter of fiscal 2013 excluded $5.0 million in revenues from our EMS business segment that is now reflected in discontinued operations. Net loss for the third quarter of fiscal 2014 was $0.7 million, or $0.22 per share, compared to a net income of $0.1 million, or $0.02 per share, for the third quarter of fiscal 2013. Despite the increase in net sales, our gross profit margin decreased significantly due to unit pricing declining faster than we could reduce our material costs and labor productivity lagging compensation costs. Additionally, in the third quarter of fiscal 2014, our general and administrative expenses increased $0.5 million, primarily due to our investment in the chip-on-board operation for producing computer tablet camera modules. Global-Tech Advanced Innovations Inc. (NASDAQ:GAI) weekly performance is 15.74%. On last trading day company shares ended up $6.25. Global-Tech Advanced Innovations Inc. (NASDAQ:GAI) distance from 50-day simple moving average (SMA50) is 6.19%.