Tag: INS

  • Industrial Goods Gainers: Intelligent Systems Corporation (NYSEMKT:INS), India Globalization Capital (NYSEMKT:IGC), Acorn Energy Inc (NASDAQ:ACFN), PMFG Inc (NASDAQ:PMFG), Sharps Compliance (NASDAQ:SMED)

    Intelligent Systems Corporation (NYSEMKT:INS) net profit margin is 6.70% and weekly performance is 11.98%. On last trading day company shares ended up $1.60. Intelligent Systems Corporation (NYSEMKT:INS) distance from 50-day simple moving average (SMA50) is 5.90%.

    On June 5, 2014, SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, announced that it has issued a company note on India Globalization Capital, Inc. (NYSE MKT:IGC). IGC recently announced that it has executed a stock purchase agreement to acquire 51% of a Hong Kong-based trading company named Golden Gate Electronics Limited (“GGEL”) for 1,209,765 shares of IGC valued at approximately US$1,052,496 on the closing date. India Globalization Capital, Inc. (NYSEMKT:IGC) shares advanced 15.53% in last trading session and ended the day on $1.76. IGC Gross Margin is 18.40% and its return on assets is -18.20%. India Globalization Capital, Inc. (NYSEMKT:IGC) quarterly performance is 104.65%.

    On June 4, 2014, DSIT Solutions Ltd., an Acorn Energy Inc (NASDAQ:ACFN), disclosed the receipt of several follow-on orders for development and production from a number of its customers in Israel. The total value of these orders is approximately $3.4 million. The projects involve both hardware and embedded software. Acorn Energy Inc (NASDAQ:ACFN) shares moved up 15.95% in last trading session and was closed at $1.95, while trading in range of $ 1.65 – $1.99. Acorn Energy Inc (NASDAQ:ACFN) year to date (YTD) performance is -52.09%.

    On Jun 05, 2014, PMFG Inc (NASDAQ:PMFG) confirmed that Tristan Partners, L.P., an entity managed by Cannell Capital LLC, has submitted a letter nominating two candidates for election to the Company’s Board of Directors at the 2014 annual meeting of stockholders. Cannell Capital and certain other stockholders of the Company also filed a Schedule 13D with the SEC disclosing that they have formed a group for the purpose of seeking the election of the two director candidates nominated to the Company’s Board of Directors. PMFG Inc (NASDAQ:PMFG) ended the last trading day at $%.70. Company weekly volatility is calculated as 7.69% and price to cash ratio as 2.82. PMFG Inc (NASDAQ:PMFG) showed a positive weekly performance of 12.65%.

    Sharps Compliance (NASDAQ:SMED) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a note issued to investors on Friday. The firm currently has a $4.00 price target on the stock. Zacks‘s target price would suggest a potential downside of 0.99% from the stock’s previous close. Sharps Compliance Corp. (NASDAQ:SMED) shares moved up 6.91% in last trading session and was closed at $4.33, while trading in range of $4.09 – $4.33. Sharps Compliance Corp. (NASDAQ:SMED) year to date (YTD) performance is -8.46%.