Ocean Power Technologies, Inc. (Nasdaq:OPTT) announced the pricing of an underwritten public offering of 3,800,000 shares of its common stock at a price of $3.10 per share. The company has also granted to the underwriters a 30-day option to acquire an additional 570,000 shares to cover overallotments in connection with the offering. Ocean Power Technologies Inc (NASDAQ:OPTT) stock opened today at $3.23 and is currently trading at $3.08. The stock showed a positive weekly performance of 7.95%.
Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC) announced the pricing of an underwritten public offering of 2,857,143 shares of its common stock to institutional and other investors at a price to the public of $3.50 per share. In connection with the offering, Cyclacel has granted the underwriters a 30-day option to purchase up to an additional 428,571 shares of common stock to cover over-allotments, if any. All of the shares of common stock in this offering are to be sold by Cyclacel. Cyclacel Pharmaceuticals Inc (NASDAQ:CYCC) stock opened at $3.49, in current trading session and currently is at $3.51, by loosing -5.39%.The 52 week range of $2.79-$5.50. Company’s market capitalization is $69.57 million.
Ascendiant Capital Markets began coverage on shares of Hydrogenics Corporation (USA) (NASDAQ:HYGS) in a research note issued to investors on Friday, TheFlyOnTheWall.com reports. The firm issued a buy rating and a $33.00 price target on the stock. Hydrogenics Corporation (USA) (NASDAQ:HYGS) stock is currently trading at $24.50 .The EPS of the stock is -1.01. Company’s market capitalization is $222.34 million.
On Mar 12, 2014 Credit Suisse AG – VelocityShares Daily 2x VIX Short Term ETN(NASDAQ:TVIX) is an ETF issued by Velocity Shares. It was issued with the intent of providing investors with a choice to invest in the contracts that are actively traded on the S&P 500 VIX Short-Term Futures Index. During February, there were around 17.9 million issued shares. According to the reports, the trading range was between $6.45 and $61.7 during past 52 weeks. It hit the peak during second week of February at $7.20. Credit Suisse AG – VelocityShares Daily 2x VIX Short Term ETN (NASDAQ:TVIX) stock opened the session at $6.35, and now is at $6.46. The 52 week range of the TVIX stock remained $6.30-$39.00 and the day range was $6.30-$6.50.