Tag: ICA

  • Industrial Goods Top Losers: ZBB Energy Corporation (NYSEMKT:ZBB), Ocean Power Technologies (NASDAQ:OPTT), Empresas ICA SA (NYSE:ICA), Ameresco NYSE:AMRC)

    ZBB Energy Corporation (NYSEMKT:ZBB) is slipping on Friday after announcing and pricing a public offering of its common stock. The renewable energy developer said it is offering 5.5 million shares of its common stock at a price of $2.25 a share, with the offer expected to close on March 19 pursuant to customary closing conditions. ZBB Energy Corporation (NYSEMKT:ZBB) shares after opening at $2.74 on last trade day and at the end of the day closed at $2.38. Company price to sales ratio in past twelve months was calculated as 0.42 and price to cash ratio as 310.09. ZBB Energy Corporation (NYSEMKT:ZBB) showed a positive weekly performance of 3.66%.

    TheStreet Quant Ratings rates Ocean Power Technologies Inc (NASDAQ:OPTT) as a sell. The company’s weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow and poor profit margins. Ocean Power Technologies Inc (NASDAQ:OPTT) shares fell -15.29% in last trading session and ended the day on $4.32. OPTT return on equity ratio is recorded as -72.80% and its return on assets is -53.60%. Ocean Power Technologies Inc (NASDAQ:OPTT) yearly performance is 149.71%.

    Empresas ICA SA (ADR) (NYSE:ICA), the largest infrastructure and construction company in Mexico, announcedon Feb 26, 2014 its unaudited results for the fourth quarter of 2013. Sustaining the trends shown earlier in the year, ICA generated Adjusted EBITDA of Ps. 1,262 million in the fourth quarter of 2013, an increase of 401% as compared to 4Q12. The Adjusted EBITDA margin was 16.3%. Operating income was Ps. 812 million, as compared to a loss in 4Q12. Revenues in 4Q13 decreased 16% to Ps. 7,729 million, reflecting a lower level of work execution and a slowdown in the construction sector. Empresas ICA SA (ADR) (NYSE:ICA) shares moved down -5.08% in last trading session and was closed at $6.16, while trading in range of $6.13 – $6.62. Empresas ICA SA (ADR) (NYSE:ICA) year to date (YTD) performance is -27.10%.

    Shares of Ameresco (NASDAQ:AMRC) saw unusually-strong trading volume on Friday following insider buying activity, AmericanBankingNews.com reports. Approximately 655,975 shares traded hands during mid-day trading, an increase of 293% from the previous session’s volume of 166,745 shares.The stock last traded at $7.51 and had previously closed at $8.15. Ameresco Inc (NYSE:AMRC) weekly performance is 787%. On last trading day company shares ended up $7.52. Ameresco Inc (NYSE:AMRC) distance from 50-day simple moving average (SMA50) is -24.00%. Analysts mean target price for the company is $9.75.