Synthesis Energy Systems, Inc. (SES) (Nasdaq:SYMX) announced that its wholly owned subsidiary, SES Asia Technologies, Ltd., and Zhangjiagang Chemical Machinery Co., Ltd. (“ZCM”) (Shenzhen listing code: 002564) have successfully completed a major step in the governmental approval process with the receipt of the required 20-year business license on March 18, from the State Administration for Industry & Commerce of the People’s Republic of China (SAIC) in Zhangjiagang, for the previously announced joint venture, ZCM-SES Sino-U.S. Clean Energy Technologies Limited (“ZCM-SES” or the “JV”). Synthesis Energy Systems, Inc. (NASDAQ:SYMX) shares after opening at $2.15 moved to $2.44 on last trade day and at the end of the day closed at $1.98. Company price to sales ratio in past twelve months was calculated as 19.71 and price to cash ratio as 10.17. Synthesis Energy Systems, Inc. (NASDAQ:SYMX) showed a positive weekly performance of 4.76%.
American Eagle Energy Corp (NYSEMKT:AMZG) is involved in the discovery for oil and natural gas in the Declares of The state of nevada, The state of utah, Florida, Denver, and Northern Dakota, the Northern Sea, and south eastern Saskatchewan, North america. American Eagle Energy Corp (NYSEMKT:AMZG) shares fell -6.11% in last trading session and ended the day on $6.61. AMZG return on equity ratio is recorded as -29.30% and its return on assets is -5.80%. American Eagle Energy Corp (NYSEMKT:AMZG) yearly performance is 277.71%.
Andatee China Marine Fuel Ser Corp (NASDAQ:AMCF) the oil and gas drilling services provider based out of China has seen its market cap balloon upwards as its stock has posted an impressive 154 percent gains since the beginning of this year. This increase has occurred on the back of the company bringing in a whole sale change in its management team in the beginning of this year. This included the appointment of a new CEO in the form of Wang Hao who is an internal promote. The former CEO An Fengbin has been retained as the Chairman of the board. Prior to his promotion, mr Hao was the CFO of the firm. In his place Mr Quan Zhang has been appointed as CFO in interim capacity. Andatee China Marine Fuel Ser Corp (NASDAQ:AMCF) shares moved up 18.95% in last trading session and was closed at $2.26, while trading in range of $1.92-$2.49. Andatee China Marine Fuel Ser Corp (NASDAQ:AMCF) year to date performance is 32.94%.
Hyperdynamics Corporation (NYSE:HDY) is facing an uncertain future after one of its partners has invoked the “force majeure” clause in their contract. The present problem of Hyperdynamics Corporation (NYSE:HDY)relates to its production sharing contract signed with the Government of Guinea in 2006. Now, the Department of Justice is investigating if Hyperdynamics violated any provisions of the U.S. Foreign Corrupt Practices Act or any statutes related to money laundering. Hyperdynamics Corporation (NYSE:HDY) weekly performance is -5.48%. On last trading day company shares ended up $2.07. {Full Company Name} distance from 50-day simple moving average is -61.01%. Analysts mean target price for the company is $8.50.