The $278 million market capped diversified electronics manufacturer Neonode, Inc (NASDAQ:NEON) has seen its market valuation soar by close to 13 percent during trading on 20th February on the back of the news that it would be showcasing its new age, leading technology “Touch and Proximity” sensor products at the sidelines of the “Mobile World Congress 2014” which is scheduled to be held between 24th and 27th February 2014 at Fira Gran Via in Barcelona, Spain. The component manufacturer has made a loud claim that its proprietary “Multisensing” components will disrupt the existing market for these devices due to the extremely competitive pricing for such a niche product. Neonode, Inc (NASDAQ:NEON) stock opened at $6.48 in last session, and closed at $7.34, while the day range of NEON stock is $6.44-$7.41.The stock showed a positive weekly performance of 11.04%.
China BAK Battery Inc. (NASDAQ:CBAK) is a statement said that during the first quarter of fiscal year 2014, we continued the implementation of our business plan to expand our high-power lithium battery production capacity in response to evolving market demands. In particular, we developed and supplied cylindrical cell packs for use in high-capacity public-use electric vehicles as part of a strategic cooperation program for electric vehicle development with a major Taiwan-based automobile manufacturer at our Tianjin facility. China BAK Battery Inc. (NASDAQ:CBAK) stock opened at $1.98, in last session and closed at $2.10, by gained 5.53%.The 52 week range was $0.59-$3.45.Company’s market capitalization is $26.50 million.
O2Micro International Ltd. ADR (Nasdaq:OIIM) has been downgraded by The Street Ratings from hold to sell. The company’s weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity and generally disappointing historical performance in the stock itself. O2Micro International Limited (ADR) (NASDAQ:OIIM) stock gained 7.23% and finished the last session at $3.71. The EPS of the stock remained -17.38.Company’s market capitalization is $103.27 million.
Sparton Corporation (NYSE:SPA) VP Jacob A. Rost unloaded 4,000 shares of the Sparton Corporation stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $31.14, for a total transaction of $124,560.00. Following the transaction, the vice president now directly owns 30,727 shares of the company’s stock, valued at approximately $956,839. Sparton Corporation (NYSE:SPA) stock opened the session at $30.30, and closed the session at $31.59.The 52 week range of the SPA stock remained $12.19-$31.65 and the day range was $30.27-$31.65.