MagneGas Corporation (NASDAQ:MNGA) announced its financial results for the fiscal quarter ended March 31, 2014. Revenues for the three months ended March 31, 2014 increased 46% over the same period 2013 and were $191,601 and $130,840, respectively; Operating expenses decreased for the quarter to $1,482,931 versus $1,631,050 for the same period prior year; The Company had an ending cash balance of $7,117,314 on March 31, 2014 versus $216,523 on December 31, 2013. MagneGas Corporation (NASDAQ:MNGA) weekly performance is 1.59%. On last trading day company shares ended up $1.28. Analysts mean target price for the company is $0.95. MagneGas Corporation (NASDAQ:MNGA) distance from 50-day simple moving average (SMA50) is -2.96%.
On April 24, SandRidge Mississippian Trust II (NYSE:SDR) announced a quarterly distribution for the three-month period ended March 31, 2014 (which primarily relates to production attributable to the Trust’s interests from December 1, 2013 through February 28, 2014) of $20.8 million, or $0.559 per Common Unit. The Trust makes distributions on a quarterly basis approximately 60 days after the end of each quarter. The distribution is expected to occur on or before May 30, 2014 to holders of record as of the close of business on May 15, 2014. SandRidge Mississippian Trust II (NYSE:SDR) shares fell -2.20% in last trading session and ended the day on $7.60. SDR Gross Margin is 98.60% and its return on assets is 34.00%. SandRidge Mississippian Trust II (NYSE:SDR) quarterly performance is -10.80%.
Marrone Bio Innovations Inc (NASDAQ:MBII) backs guidance for FY14 revenue at least double last year. For FY14 the company continues to expect net revenues to at least double compared to FY13, consensus $32.29M. The company also expects to launch at least 1-2 new products in addition to its insecticide Venerate. Marrone Bio Innovations Inc (NASDAQ:MBII) shares moved down -5.47% in last trading session and was closed at $9.85, while trading in range of $9.80 – $11.12. Marrone Bio Innovations Inc (NASDAQ:MBII) year to date (YTD) performance is -44.60%.
On May 12, 2014 Arabian American Development Co (NYSE:ARSD) announced that they will be webcasting their annual shareholders’ meeting on Wednesday, May 14th at 10:00 a.m. CDT for those who cannot attend in person. Arabian American Development Co (NYSE:ARSD) ended the last trading day at $10.34. Company weekly volatility is calculated as 6.96% and price to cash ratio as 32.88. Arabian American Development Co (NYSE:ARSD) showed a positive weekly performance of 0.19%.