On 3 JULY China BAK Battery, Inc. (NASDAQ:CBAK) said that the strong move came after the announcement by Korean battery producer LG Chem Ltd. that it will build a battery factory in China for electric vehicles. China BAK Battery, Inc. (NASDAQ:CBAK) net profit margin is -53.60% and weekly performance is 48.70%. On last trading day company shares ended up $3.42. Analysts mean target price for the company is $2.00. China BAK Battery, Inc. (NASDAQ:CBAK) distance from 50-day simple moving average (SMA50) is 41.18%.
Silicon Motion Technology Corp. (NASDAQ:SIMO) reported $0.16 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.19 by $0.03. The company had revenue of $52.85 million for the quarter, compared to the consensus estimate of $50.57 million. During the same quarter in the prior year, the company posted $0.17 earnings per share. The company’s quarterly revenue was down 7.9% on a year-over-year basis. On average, analysts predict that Silicon Motion Technology will post $1.11 earnings per share for the current fiscal year. Silicon Motion Technology Corp. (NASDAQ:SIMO) shares advanced 1.54% in last trading session and ended the day on $21.82. SIMO Gross Margin is 48.50% and its return on assets is 8.40%. Silicon Motion Technology Corp. (NASDAQ:SIMO) quarterly performance is 31.84%.
Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) said second-quarter revenue, which includes about two months of the recently completed Value Lighting acquisition, is expected to be around $17.5 million, as compared to $7.4 million in the second quarter of 2013. Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) shares moved up 10.87% in last trading session and was closed at $2.55, while trading in range of $2.39 – $2.60. Revolution Lighting Technologies, Inc. (NASDAQ:RVLT) year to date (YTD) performance is -25.66%.
On 27 JUNE Orbotech Ltd. (NASDAQ:ORBK) and Ion Asset Management Ltd. (“Ion”) announced that they have reached a mutual agreement under which Orbotech has agreed to call an Extraordinary General Meeting of shareholders not later than August 15, 2014 to allow its shareholders to consider a proposal to declassify the Orbotech Board of Directors. The Orbotech Board and Ion have each agreed to support this declassification proposal. Orbotech Ltd. (NASDAQ:ORBK) ended the last trading day at $16.44. Company weekly volatility is calculated as 3.23% and price to cash ratio as 3.44. Orbotech Ltd. (NASDAQ:ORBK) showed a positive weekly performance of 8.51%.