Zacks upgraded shares of Plug Power Inc (NASDAQ:PLUG) from a neutral rating to an outperform rating. Zacks now has a $7.90 price target on that stock. Plug Power Inc (NASDAQ:PLUG) shares after opening at $7.40 moved to $7.48 on last trade day and at the end of the day closed at $ 6.99. Company price to sales ratio in past twelve months was calculated as 41.04 and price to cash ratio as 91.41. Plug Power Inc (NASDAQ:PLUG) showed a negative weekly performance of -3.05%.
Wave Systems Corp. (NASDAQ:WAVX), a $62 million market capped company in the digital security business, announced the expansion of its collaboration with Micron Technology Inc (NASDAQ:MU). The two companies have been working together in the development of security solutions to deal with the security threats around IP-connected devices. Wave Systems Corp. (NASDAQ:WAVX) shares advanced 38.61% in last trading session and ended the day on $1.40. WAVX return on equity ratio is recorded as 213.70% and its return on assets is -180.80%. Wave Systems Corp. (NASDAQ:WAVX) yearly performance is -46.15%.
Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) announced the appointment of Hugh M. Cole to the position of senior vice president and chief business officer. Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) shares moved down -4.70% in last trading session and was closed at $6.69 while trading in range of $6.23 – $7.05 – Ariad Pharmaceuticals, Inc. (NASDAQ:ARIA) year to date (YTD) performance is -1.91%.
Canadian Solar Inc. (NASDAQ:CSIQ) the best-performing solar maker last year, received a C$51 million ($46 million) loan from Manulife Financial Corp. (MFC) for its Mighty project in Ontario. Canadian Solar Inc. (NASDAQ:CSIQ) weekly performance is -12.30%. On last trading day company shares ended up $25.17. Canadian Solar Inc. (NASDAQ:CSIQ) distance from 50-day simple moving average (SMA50) is -28.75%. Analysts mean target price for the company is $48.77.