Plug Power Inc (NASDAQ:PLUG), the biggest gainer in the Nasdaq over the past year, expects to raise $124.3 million in a follow-on share offering that may fund acquisitions. The company priced 22.6 million shares at $5.50 each, Latham, New York-based Plug said in a statement. The offering is expected to close on April 30. That’s more than the 15 million shares the company said April 22 it expected to sell.Plug plans to use the estimated $116.3 million in net proceeds for general corporate purposes, including potential acquisitions. Underwriters have a 30-day option to buy an additional 3.4 million shares. The company offers fuel cells that power electric forklifts, using components from Ballard Power Systems Inc. (BLD) It said in March that it would source the fuel-cell stacks from another supplier this year and also would begin producing them in-house. Plug bought ReliOn Inc. this month for about $4 million, gaining its own stack technology. Plug fell 5.2 percent to $5.67 at 10:12 a.m. in New York, its fifth consecutive day of declines and the longest losing streak this year. The company has gained more that 3,000 percent in the past year. Plug Power Inc (NASDAQ:PLUG), shares after opening at $5.60 moved to $5.75 on last trade day and at the end of the day closed at $5.37. Company price to sales ratio in past twelve months was calculated as 31.53 and price to cash ratio as 70.22. Plug Power Inc (NASDAQ:PLUG), showed a negative weekly performance of 26.64%.
Investment analysts at Sidoti assumed coverage on shares of Maxwell Technologies Inc. (NASDAQ:MXWL), in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $21.00 price target on the stock. Sidoti’s target price would indicate a potential upside of 33.16% from the stock’s previous close. Maxwell Technologies (NASDAQ:MXWL) last posted its quarterly earnings results on Thursday, February 20th. The company reported ($0.05) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.04) by $0.01. The company had revenue of $39.00 million for the quarter, compared to the consensus estimate of $36.51 million. Analysts expect that Maxwell Technologies will post $0.11 EPS for the current fiscal year. Other equities research analysts have also recently issued reports about the stock. Analysts at Piper Jaffray raised their price target on shares of Maxwell Technologies to $21.00 in a research note on Wednesday, March 5th. Separately, analysts at Ardour Capital raised their price target on shares of Maxwell Technologies from $9.00 to $11.00 in a research note on Friday, February 21st. They now have an “accumulate” rating on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Maxwell Technologies in a research note on Friday, January 24th. They now have a $9.25 price target on the stock. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $15.29. Maxwell Technologies, Inc (NASDAQ:MXWL) develops, manufactures and markets energy storage and power delivery products for transportation, industrial, telecommunications and other applications and microelectronic products for space and satellite applications. Maxwell Technologies Inc. (NASDAQ:MXWL), shares fell 6.65% in last trading session and ended the day on $14.87. Maxwell Technologies Inc. (NASDAQ:MXWL), return on equity ratio is recorded as 4.80% and its return on assets is 3.40%. Maxwell Technologies Inc. (NASDAQ:MXWL), yearly performance is 150.34%.
Shares of Deutsche Post AG (FRA:DPW), have earned a consensus rating of “Hold” from the eight analysts that are currently covering the stock, AnalystRatings.NET reports. Two research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company. Separately, analysts at Commerzbank AG downgraded shares of Deutsche Post AG from a “hold” rating to a “reduce” rating in a research note on Monday. Deutsche Post AG is a Germany-based holding company and logistics services provider. The Company operates four business divisions: Mail; Express; Global Forwarding, Freight, and Supply Chain. Deutsche Post AG (FRA:DPW), shares moved down 1.88% in last trading session and was closed at $26.60, while trading in range of $ 26.45 – 27.11. Deutsche Post AG (FRA:DPW), year to date (YTD) performance is 58.21%.
UniPixel Inc (NASDAQ:UNXL), saw a big move last session, as the company’s shares fell nearly 11.0% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for UNXL, as the stock is now down nearly 15.6% in the past one-month time frame. The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump. UniPixel Inc (NASDAQ:UNXL), weekly performance is -9.32%. On last trading day company shares ended up $6.52. UniPixel Inc (NASDAQ:UNXL), distance from 50-day simple moving average (SMA50) is -25.57%. Analysts mean target Price for the company is $12.33.