China Ming Yang Wind Power Group Ltd (NYSE:MY) has been known as a loss-making machine for quite some time. And even its stock has been very volatile, compounded by the fact that the management is never clear in its vision, thus failing to issue guidance. But if you have been viewing MY negatively over the past quarters because of its loss record, the time may have just come to have a second look at this stock.China Ming Yang Wind Power Group Ltd (NYSE:MY) shares after opening at $3.00 moved to $3.01 on last trade day and at the end of the day closed at $2.67. Company price to sales ratio in past twelve months was calculated as 0.64 and price to cash ratio as 2.32. China Ming Yang Wind Power Group Ltd (NYSE:MY) showed a negative weekly performance of -26.45%.
PMFG Inc (NASDAQ:PMFG) on Mar 18, 2014 announced it has reached a definitive agreement to acquire substantially all of the assets of Combustion Components Associates, Inc. (“CCA”), a leading provider of in-furnace and post-combustion control technologies. The acquisition is subject to customary closing conditions and is expected to close by April 30, 2014. The purchase price is approximately $8.9 million in cash plus performance-based contingent payments and will be funded with cash on hand. PMFG Inc (NASDAQ:PMFG) shares fell -7.99% in last trading session and ended the day on $5.67. PMFG return on equity ratio is recorded as -5.40% and its return on assets is -3.60%. PMFG Inc (NASDAQ:PMFG) yearly performance is -4.79%.
THT Heat Transfer Technology Inc (NASDAQ:THTI) continues to scare away the investor community from investing in its stock, for the second week running. This subdued investor sentiment in the stock of this Chinese diversified machinery manufacturer has been seeing a dramatic increase over the past week, ever since the entire diversified machinery vertical came under big pressure to perform over the big drop in demand for their products from across the globe. Its peers like Ocean Power Technologies, Inc. (NASDAQ:OPTT) has also been eroded by a bear hug , which in turn has depreciated the market value.THT Heat Transfer Technology Inc (NASDAQ:THTI) shares moved down -6.92% in last trading session and was closed at $1.48, while trading in range of $1.46-$1.60. THT Heat Transfer Technology Inc (NASDAQ:THTI) year to date performance is 57.45%.
On 03/05/2014 Ocean Power Technologies Inc (NASDAQ:OPTT) appeared to be on the brink of launching the 1st United States wave-energy power-project in Oregon. Now this entire project seems like it is falling apart. Though there is a chance that the they will install the single non-grid-connected, power-producing test-buoy, and possibly an expansion to the10 grid-connected, 150-kwbuoys, last week, Ocean Power Technologies Inc (NASDAQ:OPTT) informed the FERC that it was now surrendering the preliminary license to pursue its 3rd and final phase of this project, the 100- buoy, 50-MW, utility-scale wave-power station that was on the oceanOcean Power Technologies Inc (NASDAQ:OPTT) weekly performance is -16.78%. On last trading day company shares ended up $3.52. Ocean Power Technologies Inc (NASDAQ:OPTT) distance from 50-day simple moving average is -1.12%. Analysts mean target price for the company is $5.00.