Cohen Milstein Sellers & Toll PLLC on Mar. 28 said it is conducting an investigation to determine whether Galena Biopharma Inc (NASDAQ:GALE) and certain of its officers and directors made false and misleading statements and/or omissions in violation of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. A class action lawsuit was filed in the U.S. District Court for the District of Oregon by another law firm on behalf of purchasers of the common stock of Galena Biopharma, Inc. (GALE) between November 6, 2013 and February 14, 2014, inclusive (the “Class Period”). Galena Biopharma Inc (NASDAQ:GALE) shares after opening at $2.58 moved to $2.72 on last trade day and at the end of the day closed at $2.56. Company price to sales ratio in past twelve months was calculated as 120.71 and price to cash ratio as 6.31. Galena Biopharma Inc (NASDAQ:GALE) showed a negative weekly performance of -1.16%.
JinkoSolar Holding Co. (NYSE:JKS) was upgraded by investment analysts at TheStreet from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday,American Banking News reports. JinkoSolar Holding Co., Ltd. (NYSE:JKS) shares advanced 11.77% in last trading session and ended the day on $31.24. JKS return on equity ratio is recorded as -51.40% and its return on assets is -7.70%. JinkoSolar Holding Co., Ltd. (NYSE:JKS) yearly performance is 642.04%.
03/05/2014, Maxwell Technologies Inc. (NASDAQ:MXWL) continues its market rally driven by Tesla Motors gigafactory plans. Although, the recent rally by the energy producer is quite unexplained but the prospect of Tesla utilizing the company’s ultracapacitors in its EV is one fact, which could have encouraged the bull run. During the revelations of gigafactory plans, Tesla Motors Inc. (NASDAQ:TSLA) CEO Elon Musk indicated that ultracapacitors ability to recharge in a small fraction of time could be a major energy storage breakthrough. However, he also added that these ultracapacitors require major improvements first, in order to replace lithium-ion.Maxwell Technologies Inc. (NASDAQ:MXWL) shares moved up 11.07% in last trading session and was closed at $14.35, while trading in range of $13.04-$14.60. Maxwell Technologies Inc. (NASDAQ:MXWL) year to date performance is 84.68%.
Shares of Hercules Technology Growth Capital (NYSE:HTGC) have received an average recommendation of “Buy” from the eleven ratings firms that are currently covering the stock, Analyst RN reports. Four research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $16.50. Hercules Technology Growth Capital Inc (NYSE:HTGC) weekly performance is -8.12%. On last trading day company shares ended up $13.81. Hercules Technology Growth Capital Inc (NYSE:HTGC) distance from 50-day simple moving average is -10.30%. Analysts mean target price for the company is $16.61.