Kandi Technologies Group Inc (NASDAQ:KNDI) on 16 may announced better than expected first quarter earnings results. For the quarter, Kandi’s revenue exploded higher by 174% to $40.2 million, with the bulk of the gains being from its EV battery pack business, which produced $25 million in revenue in its first quarter of operations. Kandi Technologies Group Inc. (NASDAQ:KNDI) stock opened today at $10.97 and is currently trading at $11.48. The stock showed a negative weekly performance of -8.93%.
Perry Ellis International (NASDAQ:PERY) had its price target increased by Benchmark Co. from $17.00 to $20.00. The firm currently has a buy rating on the stock. Perry Ellis International, Inc. (NASDAQ:PERY) stock opened at $17.13, in current trading session and currently is at $17.18, by gaining 0.76%. The 52 week range of $12.37 – $22.19. Company’s market capitalization is 269.91 million.
Outgoing CEO Alan R Mulally will go in history as having transformed Ford Motor Company (NYSE:F) when it was faced with suggestions of possible bankruptcy. Mr. Alan rose to the helm from Boeing as an unknown figure in 2006 but is leaving with his head held high after receiving a standing ovation from the company’s employees. Ford Motor Company (NYSE:F) stock is currently trading at $16.00. The EPS of the stock is 1.61. Company’s market capitalization is 63.92 billion.
In a report published Wednesday, UBS analyst Michael Binetti maintained a Neutral rating and $53.00 price target on Under Armour (NYSE:UA). Under Armour Inc. (NYSE:UA) stock opened the session at $47.97, and now is at $47.84. The 52 week range of the Under Armour Inc. (NYSE:UA) stock remained $27.82 – $62.40 and the day range was $47.70 – $48.44.
Everest Textile Co plans to allocate more than 30 percent of its knitted fabrics capacity to Lululemon Athletica Inc. (NASDAQ:LULU) in the future, company manager Nana Liu said. Lululemon Athletica inc. (NASDAQ:LULU) stock opened today at $45.12 and is currently trading at $45.40. The stock showed a positive weekly performance of 1.07%.