Tag: Sanmina Corp

  • Diversified Electronics: Plug Power Inc (NASDAQ:PLUG), Corning Incorporated (NYSE:GLW), Alliance Fiber Optic Products Inc (NASDAQ:AFOP), Microvision, Inc. (NASDAQ:MVIS), Sanmina Corp (NASDAQ:SANM)

    Plug Power Inc (NASDAQ:PLUG) is one of the most volatile stocks having shaky fundamentals. The stock generates a lot more investors from all the market’s participants. And why not, it has got every possible reason to stay in the limelight. It rose by more than 1200% in last one year. It has signed significant deals with the firms like Central Grocers, Plug Power Inc (NASDAQ:PLUG) weekly performance is 7.09%. On last trading day company shares ended up $4.38. Analysts mean target price for the company is $4.88. Plug Power Inc (NASDAQ:PLUG) distance from 50-day simple moving average (SMA50) is -21.85%.

    Corning Incorporated (NYSE:GLW) EVP David L. Morse sold 11,027 shares of Corning stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $21.27, for a total value of $234,544.29. Following the completion of the sale, the executive vice president now directly owns 15,358 shares of the company’s stock, valued at approximately $326,665. Corning Incorporated (NYSE:GLW) ended the day on $21.30. Gross Margin is 42.10% and its return on assets is 6.10%. Corning Incorporated (NYSE:GLW) quarterly performance is 12.40%.

    On May 31, Alliance Fiber Optic Products (NASDAQ:AFOP) CEO Peter C. Chang sold 203,332 shares of Alliance Fiber Optic Products stock on the open market in a transaction dated Wednesday, May 28th. The stock was sold at an average price of $21.06, for a total transaction of $4,282,171.92. Following the transaction, the chief executive officer now directly owns 1,474,640 shares of the company’s stock, valued at approximately $31,055,918. Alliance Fiber Optic Products Inc (NASDAQ:AFOP) shares moved up 2.32% in last trading session and was closed at $20.75, while trading in range of $20.28 – $21.11. Alliance Fiber Optic Products Inc (NASDAQ:AFOP) year to date (YTD) performance is 37.87%.

    On May 6, MicroVision, Inc. (NASDAQ:MVIS) a leader in innovative ultra-miniature projection display technology, announced its operating and financial results for the first quarter of 2014 and the advancement of its 2014 business objectives. During the first quarter, MicroVision raised $12.8 million net of issuance costs in an offering of common stock and warrants for general corporate purposes. MicroVision has continued its aggressive management of cash used in operations with a reduction in the quarter of 16 percent compared to the same period in 2013. Microvision, Inc. (NASDAQ:MVIS) ended the last trading day at $1.78. Company weekly volatility is calculated as 7.21% and price to cash ratio as 14.16. Microvision, Inc. (NASDAQ:MVIS) showed a negative weekly performance of -1.66%.

    On May 20, 2014, Sanmina Corporation (NASDAQ:SANM) announced the pricing of an offering of $375,000,000 aggregate principal amount of its 4.375% Senior Secured Notes due 2019 (the “Notes”), which represents an increase of $25,000,000 to the previously announced total aggregate principal amount. The Notes will mature on June 1, 2019 and bear interest at an annual rate of 4.375%, payable semi-annually in cash in arrears. The notes will be fully and unconditionally guaranteed on a senior secured basis by substantially all of Sanmina’s domestic subsidiaries. Sanmina Corp (NASDAQ:SANM) net profit margin is 1.70% and weekly performance is -0.54%. On last trading day company shares ended up $20.21. Analysts mean target price for the company is $19.86. Sanmina Corp (NASDAQ:SANM) distance from 50-day simple moving average (SMA50) is 5.67%.