Plug Power Inc. (NASDAQ:PLUG) dropped Wednesday after the fuel-cell company reported weak quarterly results, while a downbeat outlook weighed on Fossil Group Inc. Plug Power PLUG +0.26% retreated 7.6% after the firm reported a first-quarter per share loss of 6 cents on an adjusted basis, and sales of $5.57 million. Analysts had forecast losses of 5 cents a share on revenue of $5.35 million, according to FactSet. Plug Power Inc (NASDAQ:PLUG) weekly performance is -3.29%. On last trading day company shares ended up $3.82. Analysts mean target price for the company is $7.75. Plug Power Inc (NASDAQ:PLUG) distance from 50-day simple moving average (SMA50) is -39.15%.
Zhone Technologies Inc (NASDAQ:ZHNE) plunged -20.91% after the company reported its quarterly results. Revenue for the first quarter of 2014 was $28.6 million, compared to $32.3 million for the fourth quarter of 2013 and $28.4 million for the first quarter of 2013. Net income for the first quarter of 2014, calculated in accordance with generally accepted accounting principles (“GAAP”), was $0.3 million or $0.01 per share compared with net income of $1.4 million or $0.04 per share for the fourth quarter of 2013 and net income of $0.2 million or $0.01 per share for the first quarter of 2013. Zhone Technologies Inc (NASDAQ:ZHNE) shares fell -7.41% in last trading session and ended the day on $2.50. ZHNE Gross Margin is 37.70% and its return on assets is 6.50%. Zhone Technologies Inc (NASDAQ:ZHNE) quarterly performance is -38.73%.
LiqTech International, Inc. (NYSEMKT:LIQT) is pleased to announce the appointment of Michael Barish, a highly regarded investment professional, to its Board of Directors effective May 19, 2014. LiqTech International Inc (NYSEMKT:LIQT) shares moved down -3.31% in last trading session and was closed at $1.75 , while trading in range of $1.71 – $1.89. LiqTech International Inc (NYSEMKT:LIQT) year to date (YTD) performance is -22.22%.
Cellular Specialties, Inc. (CSI), a division of Westell Technologies Inc. (NASDAQ:WSTL) a global leader of intelligent site management, in-building wireless, cell site optimization, and outside plant solutions, announces the ClearLink Universal DAS Interface Tray (UDIT). The UDIT joins the ClearLink suite of distributed antenna system (DAS) and small cell products to provide a comprehensive in-building wireless solution. Westell Technologies Inc. (NASDAQ:WSTL) ended the last trading day at $3.05. Company weekly volatility is calculated as 5.98% and price to cash ratio as 2.09. Westell Technologies Inc. (NASDAQ:WSTL) showed a negative weekly performance of -2.56%.