llumina (NASDAQ:ILMN) was upgraded by Macquarie from a “neutral” rating to an “outperform” rating in a research note issued on Wednesday, TheFlyOnTheWall.com reports. Illumina, Inc. (NASDAQ:ILMN) shares after opening at $150.65 moved to $151.40 on last trade day and at the end of the day closed at $138.57. Company price to sales ratio in past twelve months was calculated as 12.51 and price to cash ratio as 15.25. Illumina, Inc. (NASDAQ:ILMN) showed a negative weekly performance of -2.43%.
Ocean Power Technologies, Inc. (NASDAQ:OPTT) announced the pricing of an underwritten public offering of 3,800,000 shares of its common stock at a price of $3.10 per share. Ocean Power Technologies Inc (NASDAQ:OPTT) shares fell -19.74% in last trading session and ended the day on $ 3.05. OPTT return on equity ratio is recorded as -72.80% and its return on assets is -53.60%. Ocean Power Technologies Inc (NASDAQ:OPTT) yearly performance is 106.08%.
Plug Power Inc (NASDAQ:PLUG) has been a favorite of short sellers, who quickly point out that the stock is highly overvalued. Company shares fell heavily on Wednesday when a Seeking Alpha post by Kerrisdale Capital gave a bearish view, arguing that Plug Power is highly overvalued at a more than $1 billion market value. Plug Power Inc (NASDAQ:PLUG) shares moved down -6.68% in last trading session and was closed at $7.12 while trading in range of $6.95 – $7.72 – Plug Power Inc (NASDAQ:PLUG) year to date (YTD) performance is 359.35%.
Orexigen Therapeutics, Inc. (NASDAQ:OREX) announced Q4 results last night and provided an update on its regulatory processes. The firm remains positive on Contrave’s potential lifecycle management opportunities and reiterates its Outperform rating and $10 price target. Orexigen Therapeutics, Inc. (NASDAQ:OREX) weekly performance is -6.46%. On last trading day company shares ended up $5.79. Orexigen Therapeutics, Inc. (NASDAQ:OREX) distance from 50-day simple moving average (SMA50) is -15.76%. Analysts mean target price for the company is $11.63.