Tag: HTCH

  • Diversified Electronics Gainers: Maxwell Technologies (NASDAQ:MXWL), Hutchinson Technology (NASDAQ:HTCH), American Superconductor (NASDAQ:AMSC), Methode Electronics (NYSE:MEI)

    Shares of Maxwell Technologies  (NASDAQ:MXWL)  jumped nearly 10% after the company announced it is supplying ultracapacitors to ABB (NYSE:ABB) .Maxwell Technologies Inc. (NASDAQ:MXWL) shares after opening at $12.94 moved to $14.51 on last trade day and at the end of the day closed at $14.36. Company price to sales ratio in past twelve months was calculated as 2.20 and price to cash ratio as 13.90. Maxwell Technologies Inc. (NASDAQ:MXWL) showed a negative weekly performance of -2.05%.
    Hutchinson Technology (NASDAQ:HTCH) was the recipient of a significant growth in short interest during the month of January. As of March 14th, there was short interest totalling 1,285,944 shares, a growth of 43.0% from the February 28th total of 899,047 shares, American Banking and Market News reports. Hutchinson Technology Incorporated (NASDAQ:HTCH) shares advanced 8.21% in last trading session and ended the day on $2.90. HTCH return on equity ratio is recorded as -31.10% and its return on assets is -14.20%.  Hutchinson Technology Incorporated (NASDAQ:HTCH) yearly performance is 1.05%.
    The Board of Directors of American Superconductor Corporation (NASDAQ:AMSC) approved a restructuring plan consolidating the Company’s U.S. grid manufacturing and product development program and diversifying its international wind power manufacturing operations. American Superconductor Corporation (NASDAQ:AMSC) shares moved up 7.53% in last trading session and was closed at $1.57 while trading in range of $1.46 – $1.57 – American Superconductor Corporation (NASDAQ:AMSC) year to date (YTD) performance is -4.27%.
    Shareholders of Methode Electronics, Inc (NYSE:MEI) looking to boost their income beyond the stock’s 1.2% annualized dividend yield can sell the October covered call at the $40 strike and collect the premium based on the $1.40 bid, which annualizes to an additional 8.4% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 9.5% annualized rate in the scenario where the stock is not called away. Methode Electronics Inc. (NYSE:MEI) weekly performance is -4.30%. On last trading day company shares ended up $30.30.  Methode Electronics Inc. (NYSE:MEI) distance from 50-day simple moving average (SMA50) is -5.87%. Analysts mean target price for the company is $40.00.