Daqo New Energy Corp. (NYSE:DQ) announced that the previously announced registered follow-on public offering of American depositary shares (“ADSs”) by the Company was priced at US$29.00 per ADS. The Company will issue and sell 2,000,000 ADSs. Each ADS represents 25 ordinary shares of the Company. In connection with this offering, the Company has granted the underwriter a 30-day option to purchase up to 300,000 additional ADSs. Daqo New Energy Corp (NYSE:DQ) weekly performance is -20.87%. On last trading day company shares ended up $23.02. Daqo New Energy Corp (NYSE:DQ) distance from 50-day simple moving average (SMA50) is -42.48%.
On May 8, Enfield solar-encapsulant provider STR Holdings Inc. (NYSE:STRI) said its first-quarter loss increased on a 17 percent decline in revenue and a $433,000 loss on the disposal of property and equipment. STR reported a net loss of $4.6 million, or 12 cents per diluted share, compared to a loss of $4.2 million, or 10 cents, in the first quarter last year. STR Holdings, Inc. (NYSE:STRI) shares advanced 3.88% in last trading session and ended the day on $1.34. Gross Margin is -7.30% and its return on assets is -14.90%. STR Holdings, Inc. (NYSE:STRI) quarterly performance is -10.67%.
E I Du Pont De Nemours And Co. (NYSE:DD) Chairwoman and CEO, Ellen Kullman addressed the 11th Annual World Congress on Industrial Biotechnology. During her keynote address, Kullman called on the Congress and the administration to ensure regulatory stability for the renewable fuel industry by preserving the Renewable Fuel Standard (RFS). DuPont informed that the EPA will submit a final conclusion on the volume of renewable fuel blended into the nation’s gasoline supply later this year. Kullman stated, “Legislative and regulatory uncertainty has a direct impact on the growth of this industry. E I Du Pont De Nemours And Co (NYSE:DD) shares moved up 0.79% in last trading session and was closed at $67.22, while trading in range of $66.88- $67.39. E I Du Pont De Nemours And Co (NYSE:DD) year to date (YTD) performance is 4.88%.
The Dow Chemical Company (NYSE:DOW) EVP James R. Fitterling sold 72,000 shares of the company’s stock on the open market in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $49.41, for a total value of $3,557,520.00. Following the transaction, the executive vice president now directly owns 189,474 shares in the company, valued at approximately $9,361,910. The Dow Chemical Company (NYSE:DOW) ended the last trading day at $49.94. Company weekly volatility is calculated as 2.00% and price to cash ratio as 13.71. The Dow Chemical Company (NYSE:DOW) showed a negative weekly performance of -0.52%.
Universal Display Corporation (NASDAQ:OLED) Director Lawrence Lacerte unloaded 152,500 shares of the stock on the open market in a transaction that occurred on Friday, May 16th. The stock was sold at an average price of $25.35, for a total transaction of $3,865,875.00. Following the completion of the transaction, the director now directly owns 499,310 shares of the company’s stock, valued at approximately $12,657,509. Universal Display Corporation (NASDAQ:OLED) net profit margin is 43.70% and weekly performance is -0.81%. On last trading day company shares ended up $24.34. Analysts mean target price for the company is $39.19. Universal Display Corporation (NASDAQ:OLED) distance from 50-day simple moving average (SMA50) is -16.97%.