The demand in electric cars has been a source of good news for several companies like Maxwell Technologies Inc. (NASDAQ:MXWL). The demand for electric cars is expected to provide for a secondary demand boost for the company’s products like the ultracapacitors. Maxwell Technologies Inc. (NASDAQ:MXWL) shares after opening at $13.04 moved to $14.60 on last trade day and at the end of the day closed at $14.35. Company price to sales ratio in past twelve months was calculated as 2.20 and price to cash ratio as 13.89. Maxwell Technologies Inc. (NASDAQ:MXWL) showed a positive weekly performance of 6.69%.
On Mar 19, 2014, Castlight Health Inc (NYSE:CSLT) a leading provider of enterprise healthcare cloud software, today announced it has closed its previously announced initial public offering of 12,765,000 shares of its Class B common stock at a price to the public of $16.00 per share, which included 1,665,000 shares issued upon the exercise in full of the underwriters’ option to purchase additional shares. Castlight Health Inc (NYSE:CSLT) shares advanced 12.96% in last trading session and ended the day on $23.97. CSLT return on equity ratio is recorded as 108.10% and its return on assets is -138.80%.
This Tuesday’s top gainer is Kindred Biosciences Inc (NASDAQ:KIN), up +13.38%. The company is signing an alliance with X-Body Biosciences for new drugs. Kindred is part of the portfolios of Seth Klarman andFarallon Capital. Bitauto Hldg Ltd (ADR) (NYSE:BITA) shares moved up 10.46% in last trading session and was closed at $39.59, while trading in range of $35.82-$39.77.Bitauto Hldg Ltd (ADR) (NYSE:BITA) year to date performance is 23.87%.
On Mar19,2014, WPCS International Incorporated (NASDAQ:WPCS), which specializes in contracting services for communications infrastructure and the development of a Bitcoin trading platform, today announced that the beta version of the BTX trader platform, which was previously available only as a downloadable application for Windows-based operating systems, is now available directly from the web by logging ontowww.btxtrader.com . WPCS International Incorporated (NASDAQ:WPCS) weekly performance is -9.47%. On last trading day company shares ended up $1.53. WPCS International Incorporated (NASDAQ:WPCS) distance from 50-day simple moving average is -5.67%. Analysts mean target price for the company is $12.00.