U.S. Senate Majority Leader Harry Reid (NV) joined representatives from the Moapa Band of Paiutes, executives from First Solar, Inc. (NASDAQ:FSLR) and the Los Angeles Department of Water and Power (LADWP), as well as other community, government and energy industry leaders to celebrate the start of construction of the 250 Megawatt (MW)AC Moapa Southern Paiute Solar Project. The project is located on the Moapa River Indian Reservation just north of Las Vegas, and has a Power Purchase Agreement (PPA) with the LADWP to deliver clean, solar energy for 25 years to the City of Los Angeles. First Solar, Inc. (NASDAQ:FSLR) shares after opening at $70.00 on last trade day and at the end of the day closed at $7.37. Company price to sales ratio in past twelve months was calculated as 2.21 and price to cash ratio as 4.14. First Solar, Inc. (NASDAQ:FSLR) showed a positive weekly performance of 35.79%.
GT Advanced Technologies Inc (NASDAQ:GTAT) is extending its rally into a third consecutive day. The electronic parts maker, which specializes in materials polysilicon and sapphire, was surging after a bearish report from Canaccord Genuity on Monday. Cannacord analysts Jonathan Dorsheimer and Josh Baribeau reiterated a “buy” rating and price target of $21 on Monday. GT Advanced Technologies Inc (NASDAQ:GTAT) shares fell -2.77% in last trading session and ended the day on $18.61. GTAT return on equity ratio is recorded as -33.60% and its return on assets is -9.30%. GT Advanced Technologies Inc (NASDAQ:GTAT) yearly performance is 576.73%.
Mercury Systems Inc (NASDAQ:MRCY), a best-of-breed provider of commercially developed, open sensor and Big Data processing systems for critical commercial, defense and intelligence applications, provided a progress update on its acquisition integration plan. Mercury Systems Inc (NASDAQ:MRCY) shares moved up 1.32% in last trading session and was closed at $13.03, while trading in range of $12.75 – $13.25. Mercury Systems Inc (NASDAQ:MRCY) year to date (YTD) performance is 19.00%.
Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) VP Jeffrey T. Severts sold 1,515 shares of the stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $99.86, for a total value of $151,287.90. Following the completion of the sale, the vice president now directly owns 11,487 shares of the company’s stock, valued at approximately $1,147,092. Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) weekly performance is 5.86%. On last trading day company shares ended up $100.84. Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ:ULTA) distance from 50-day simple moving average (SMA50) is 14.10%. Analysts mean target price for the company is $108.45.