TheStreet Ratings team rates Plug Power Inc (NASDAQ:PLUG) as a Sell with a ratings score of D-. Plug Power Inc (NASDAQ:PLUG) shares after opening at $7.18 on last trade day and at the end of the day closed at $6.51. Company price to sales ratio in past twelve months was calculated as 22.36 and price to cash ratio as 49.80. Plug Power Inc (NASDAQ:PLUG) showed a negative weekly performance of -36.86%.
Revolution Lighting Technologies Inc (NASDAQ:RVLT), today announced financial results for the fourth quarter and full year ended December 31, 2013. For the quarter ended December 31, 2013, total revenue was approximately $7.1 million, as compared to $1.0 million in the same period of 2012, an increase of approximately 610%. Revenue and gross margin includes the impact of strong organic growth of the businesses we acquired in 2012 and 2013. The Company reported an operating loss of $3.3 million in the fourth quarter of 2013 as compared to $1.4 million in the same period of 2012. Revolution Lighting Technologies Inc (NASDAQ:RVLT) shares advanced 3.53% in last trading session and ended the day on $3.81. RVLT return on equity ratio is recorded as -204.30% and its return on assets is -64.40%. Revolution Lighting Technologies Inc (NASDAQ:RVLT) yearly performance is 180.15%.
As previously disclosed, on December 17, 2013, Shenzhen BAK Battery Co., Ltd. (“Shenzhen BAK”), a wholly-owned subsidiary of China BAK Battery, Inc. (the “Company”) entered into a loan agreement (the “Loan Agreement”), with Mr. Jinghui Wang, pursuant to which, Mr. Wang agreed to initially lend Shenzhen BAK a loan in the amount of RMB370 million (approximately $61.1 million). On January 14, 2014, the Company’s wholly-owned Hong Kong subsidiary, BAK International Limited (“BAK International) entered into a corporate guarantee with Mr. Wang, under which BAK International irrevocably and unconditionally guaranteed to the lender timely performance by Shenzhen BAK of all its obligations under the Loan Agreement. On the same date, the Company and BAK International entered into a share mortgage with Mr. Wang, under which, the Company pledged 100% of its equity interest in BAK International to the lender as security for the performance of Shenzhen BAK’s obligations under the Loan Agreement. If Shenzhen BAK defaults on its repayment obligation under or in connection with the Loan Agreement, the lender, as the pledgee, will be entitled to dispose of the pledged equity interests. China BAK Battery Inc. (NASDAQ:CBAK) weekly performance is 21.86%. On last trading day company shares ended up $4.46. China BAK Battery Inc. (NASDAQ:CBAK) distance from 50-day simple moving average (SMA50) is 84.08%. Analysts mean target price for the company is $2.00.
On March 6, 2014, Digital Power Corporation (NYSEMKT:DPW): In view of the unusual market activity in the Company’s Common Stock on Wednesday, March 5, 2014, the New York Stock Exchange contacted the Company in accordance with its usual practice. The Company stated that its policy is not to comment on unusual market activity. Digital Power Corporation (NYSEMKT:DPW) shares moved up 3.23% in last trading session and was closed at $1.60, while trading in range of $1.55 – $1.80. Digital Power Corporation (NYSEMKT:DPW)year to date (YTD) performance is 138.81%.