Plug Power Inc (NASDAQ:PLUG) climbed 5.5% after the fuel-cell specialist got an analyst upgrade. Yet, as has happened with increasing frequency in this volatile market, the upgrade came with a catch: the analyst also reduced the price target on the company, in part to reflect the plunge in Plug Power’s share price over the past few months. Many investors remain skeptical about Plug Power’s long-term ability to beat out other fuel-cell companies and rivals in other forms of alternative energy. Plug Power Inc (NASDAQ:PLUG) weekly performance is 15.32%. On last trading day company shares ended up $6.45. Analysts mean target price for the company is $4.88. Plug Power Inc (NASDAQ:PLUG) distance from 50-day simple moving average (SMA50) is -30.43%.
On Tuesday, German peer E.ON SE (ADR) (OTCMKTS:EONGY) said net profit fell 65% in the first quarter, with subsidized renewables hurting the company’s conventional power generation business. And in Austria, Verbund AG Wednesday announced plans to mothball or permanently shut around 2.5 gigawatts in power generation capacity due to “massive distortions in the European electricity market” that have hurt the profitability of its power stations. E.ON SE (ADR) (OTCMKTS:EONGY) shares advanced 0.79% in last trading session and ended the day on $17.92.
RiceBran Technologies (NASDAQ:RIBT), a global leader in the production and marketing of value added products derived from rice bran, announced the Company’s financial results for the first quarter of 2014 ended March 31, 2014. Q1 Adjusted EBITDA of $24,000 compared to a loss of $4.0 million in FY 2013. Q1 consolidated gross margins increased to 18.4%, up from 9.9%. Q1 consolidated gross profit increased 46% to $1.4 million. Q1 USA Segment sales grew 72% with gross profit up 130%. RiceBran Technologies (NASDAQ:RIBT) shares moved up 12.95% in last trading session and was closed at $5.97, while trading in range of $5.28 – $6.30. RiceBran Technologies (NASDAQ:RIBT) year to date (YTD) performance is 19.84%.
The $41 million market capped energy storage and power electronics manufacturer ZBB Energy Corporation (NYSEMKT:ZBB) reported a strong gain in revenue in its fiscal 3Q2014. The top-line gained support from license fees that helped to offset the decline in product sales. The company is looking to China for future growth as transformations in the countries energy sector support demand for storage solutions. Overall, the company projects a positive future as it intends to improve its sale and marketing efforts while reducing costs to support profit growth. ZBB Energy Corporation (NYSEMKT:ZBB) ended the last trading day at $1.75. Company weekly volatility is calculated as 24.11% and price to cash ratio as 73.68. ZBB Energy Corporation (NYSEMKT:ZBB) showed a positive weekly performance of 24.11%.
Realtor.com and its chief competitors Zillow Inc (NASDAQ:Z) and Trulia are trying to figure out how to connect consumers and agents online in new ways, and beefed-up profile pages is one. All three portals generate leads using agent ads or lead forms that show up next to listings, but rich profiles are increasingly important to driving consumer contacts to agents on the platforms, they each have said. Zillow Inc (NASDAQ:Z) net profit margin is -6.70% and weekly performance is 9.47%. On last trading day company shares ended up $106.81. Analysts mean target price for the company is $103.43. Zillow Inc (NASDAQ:Z) distance from 50-day simple moving average (SMA50) is 13.36%.