Tag: Lightbridge Corp

MagneGas Corporation (Nasdaq:MNGA) announced that it has entered into definitive agreements with an institutional investor for a financing of $5 million in gross proceeds. Under the terms of the agreements and pursuant to an effective shelf registration statement, MagneGas will issue 2,000,000 shares of its common stock and Series C Convertible Preferred Stock convertible into 1,448,276 shares of common stock. TMagneGas Corporation (NASDAQ:MNGA) shares after opening at $1.75 moved to $1.82 on last trade day and at the end of the day closed at $1.54. Company price to sales ratio in past twelve months was calculated as 70.60 and price to cash ratio as 58.83. MagneGas Corporation (NASDAQ:MNGA) showed a positive weekly performance of 13.24%.
Trade-Ideas LLC identified Pacific Ethanol Inc (NASDAQ:PEIX) as a “perilous reversal” candidate.  Pacific Ethanol Inc (NASDAQ:PEIX) shares fell -7.42% in last trading session and ended the day on $15.84. PEIX return on equity ratio is recorded as -10.10% and its return on assets is -3.10%.  Pacific Ethanol Inc (NASDAQ:PEIX) yearly performance is 185.41%.
Nuclear energy company Lightbridge Corp (NASDAQ:LTBR) rose to a one-year high of $3.68 on Friday. More than 920,000 shares changed hands, well above its average volume of 211,355. Lightbridge Corp (NASDAQ:LTBR) shares moved down -9.64% in last trading session and was closed at $3.00 while trading in range of $2.92 – $3.34 – Lightbridge Corp (NASDAQ:LTBR) year to date (YTD) performance is 106.90%.
PetroLogistics LP (NYSE:PDH) announced its financial and operating results and cash distribution for the fourth quarter of 2013. The distribution for the quarter ended December 31, 2013, is 30 cents per common unit. This brings the aggregate distributions for the year ended December 31, 2013 to $1.72 per common unit.  PetroLogistics LP (NYSE:PDH) weekly performance is -3.73%. On last trading day company shares ended up $12.38.  PetroLogistics LP (NYSE:PDH) distance from 50-day simple moving average (SMA50) is 2.38%. Analysts mean target price for the company is $12.50.