Plug Power Inc (NASDAQ:PLUG) shares lost yesterday. This was a direct outcome of the wider-than-expected first-quarter 2014 loss reported by this fuel cell maker. Plug Power reported a loss of 6 cents per share in the first quarter of 2014, marginally wider than the Zacks Consensus Estimate of a loss of 5 cents. The loss in the quarter was primarily due to higher cost of service revenues and an increase in selling, general and administrative expenses. Total revenues of $5.6 million were down 12.5% year over year. Plug Power Inc (NASDAQ:PLUG) net profit margin is 5555% and weekly performance is 10.71%. On last trading day company shares ended up $4.03. Analysts mean target price for the company is $7.75. Plug Power Inc (NASDAQ:PLUG) distance from 50-day simple moving average (SMA50) is -35.22%.
On April 29, 2014, The Board of Directors of Corning Incorporated (NYSE:GLW) declared a quarterly dividend on the company`s common stock of $0.10 per share, payable on June 30, 2014, to holders of record on May 30, 2014. Corning Incorporated (NYSE:GLW) shares fell -1.09% in last trading session and ended the day on $20.96. GLW Gross Margin is 42.10% and its return on assets is 6.10%. Corning Incorporated (NYSE:GLW) quarterly performance is 10.37%.
The company has not finalized its unaudited financial statements for the period ended March 31. As a result, the registrant is unable to file its Form 10-Q within the prescribed time period without unreasonable effort or expense. The company anticipates that it will file the Form 10-Q within the five-day grace period provided by Exchange Act Rule 12b-25. China BAK Battery Inc. (NASDAQ:CBAK) shares moved down -0.38% in last trading session and was closed at $2.59, while trading in range of $2.50 – $2.87. China BAK Battery Inc. (NASDAQ:CBAK) year to date (YTD) performance is 16.67%.
Orion Energy Systems, Inc. (NYSEMKT:OESX) announced financial results for its fiscal 2014 fourth quarter and year ended March 31, 2014. Total revenue for fiscal 2014 was $88.6 million, compared to $86.1 million in fiscal 2013. Total revenue for the fiscal 2014 fourth quarter declined to $12.6 million, from $22.3 million in the prior-year period, largely as a result of delayed lighting sales coupled with a decline in the number of solar projects under construction as Orion deemphasizes its non-core solar business. Orion Energy Systems, Inc. (NYSEMKT:OESX) ended the last trading day at $4.20. Company weekly volatility is calculated as 12.17%. Orion Energy Systems, Inc. (NYSEMKT:OESX) showed a negative weekly performance of -9.48%.