FuelCell Energy Inc. (NASDAQ:FCEL) fuel cell technology could be a major step forward in how we produce electricity and potentially transportation fuels. If only the company could gain some momentum in becoming profitable. While sales have been growing steadily over the past five years, the company has hit a couple bumps so far in 2014. Surprisingly, though, sales is not the biggest issue for FuelCell Energy, which is actually selling its products and services for a profit. This past quarter saw gross profit slip to a mere 4.1% FuelCell Energy Inc. (NASDAQ:FCEL) stock opened today at $2.38 and is currently trading at $2.46. The stock showed a positive weekly performance of 7.80%.
Kirby McInerney LLP announced that a class action lawsuit is pending in the United States District Court for the District of New Jersey on behalf of investors who acquired Ocean Power Technologies, Inc. (NASDAQ:OPTT) securities from January 14, 2014 through June 9, 2014. Pursuant to applicable law, investors have until August 12, 2014 to file a motion to be appointed as lead plaintiff in the investor lawsuit. Ocean Power Technologies Inc. (NASDAQ:OPTT) stock opened at $1.72, in current trading session and currently is at $1.71, by gaining 0.59%. The 52 week range of $1.50 – $7.01. Company’s market capitalization is 30.02 million.
Companhia Energetica Minas Gerais (NYSE:CIG) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued on Monday. They currently have a $8.25 target price on the stock. Zacks‘s target price indicates a potential upside of 3.25% from the stock’s previous close. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) stock is currently trading at $8.06. The EPS of the stock is 1.11. Company’s market capitalization is 10.14 billion.
NRG Energy, Inc. (NYSE:NRG) announced that it has launched the NRG Community 1 Solar Generating Facility in California. The 6-megawatt (NYSE: MW) facility is located at the Imperial Valley Campus of San Diego State University. NRG Energy Inc. (NYSE:NRG) stock opened the session at $36.83, and now is at $37.05. The 52 week range of the NRG Energy Inc. (NYSE:NRG) stock remained $24.86 – $37.20 and the day range was $36.83 – $37.20.
AGL Resources (NYSE:GAS) CFO Andrew W. Evans sold 8,220 shares of AGL Resources stock on the open market in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $53.68, for a total value of $441,249.60. Following the completion of the sale, the chief financial officer now directly owns 60,403 shares in the company, valued at approximately $3,242,433. AGL Resources Inc. (NYSE:GAS) stock opened today at $53.32 and is currently trading at $53.83. The stock showed a positive weekly performance of 0.70%.