Astrotech Corp (NASDAQ:ASTC), announced Thursday morning that it signed a definitive agreement to sell the assets constituting its Astrotech Space Operationsbusiness to Lockheed Martin Corp, (LMT: Quote), including the assets of its wholly owned subsidiary, Astrotech Space Operations, for $61 million. Astrotech Corp (NASDAQ:ASTC), net profit margin is 3.00% and weekly performance is 29.51%. On last trading day company shares ended up $3.16. Astrotech Corp (NASDAQ:ASTC), distance from 50-day simple moving average (SMA50) is 29.69%.
On May 21, 2014, China Ming Yang Wind Power Group Ltd (NYSE:MY), announced its unaudited financial results for the first quarter ended March 31, 2014. Revenue in the first quarter of 2014 was RMB1,224.0 million (US$196.9 million), which increased by 52.0% comparing to that of 2013. The recognized revenue of WTGs amounted to an equivalent wind power project output of 386.0MW, or 224 units of 1.5MW and 25 units of 2.0MW WTGs. For the corresponding period of 2013, the output was 245.5MW, or 112 units of 1.5MW, 35 units of 2.0MW, and 3 units of 2.5MW WTGs. The 52.0% increase of total revenue was mainly due to a 66.0% increase in the number of WTGs commissioned compared with the first quarter of 2013. China Ming Yang Wind Power Group Ltd (NYSE:MY), advanced 5.38% in last trading session and ended the day on $3.33. MY, Gross Margin is 9.20% and its return on assets is -4.50%. China Ming Yang Wind Power Group Ltd (NYSE:MY), quarterly performance is 2.78%.
HC Wainwright started coverage on shares of Ocean Power Technologies Inc (NASDAQ:OPTT), in a research note released on Monday morning, TheFlyOnTheWall.com reports. The firm issued a buy rating on the stock. Ocean Power Technologies Inc (NASDAQ:OPTT), shares moved up 7.30% in last trading session and was closed at $2.50, while trading in range of $2.29 – 2.52. Ocean Power Technologies Inc (NASDAQ:OPTT), year to date (YTD) performance is 30.21%.
On May 16, 2014, Hydrogenics Corporation (USA) (NASDAQ:HYGS), a leading developer and manufacturer of hydrogen generation and hydrogen-based power modules, announced that it has successfully completed its previously announced underwritten public offering of 1.5 million common shares (the “Offering”) (1,000,000 shares from treasury and 500,000 secondary shares by CommScope, Inc. of North Carolina (“CommScope”) a selling shareholder) at a price of US$15.00 per share. After deducting the underwriter discount and commissions, the Company received proceeds before expenses of US$14,212,500.Hydrogenics Corporation (USA) (NASDAQ:HYGS), ended the last trading day at $16.65. Company weekly volatility is calculated as 6.19% and price to cash ratio as 17.94. Hydrogenics Corporation (USA) (NASDAQ:HYGS), showed a positive weekly performance of 13.34%.
On May 14, 2014, Continental Materials Corporation (NYSEMKT:CUO), reported a net loss of $1,181,000 or 72 cents per diluted share for its first quarter ended March 29, 2014 compared to a net loss of $803,000 or 49 cents per diluted share for the same period in 2013. Continental Materials Corporation (NYSEMKT:CUO), net profit margin is -0.70% and weekly performance is 9.58%. On last trading day company shares ended up $17.16. Continental Materials Corporation (NYSEMKT:CUO), distance from 50-day simple moving average (SMA50) is -3.75%.