Tech Losers: ANADIGICS (NASDAQ:ANAD), Microvision (NASDAQ:MVIS), ReneSola (ADR) (NYSE:SOL), Yingli Green Energy Hold. (ADR) (NYSE:YGE), Towerstream Corporation (NASDAQ:TWER)

On June 05, 2014, ANADIGICS, Inc. (NASDAQ:ANAD), was a notable mover of session, as the firm saw its shares surge by over 19% on the day. The move came on robust volume too with far more shares traded than in a normal session. This snaps the latest trend of the firm, as the stock is now changing hands above the volatile price range of $1.03 to $1.23 in the past one-month time frame. ANADIGICS, Inc. (NASDAQ:ANAD), net profit margin is -35.70% and weekly performance is -11.76%. On last trading day company shares ended up $1.05. Analysts mean target price for the company is $1.93. ANADIGICS, Inc. (NASDAQ:ANAD), distance from 50-day simple moving average (SMA50) is -14.15%.

On June 16, 2014, Microvision, Inc. (NASDAQ:MVIS), a leader in innovative ultra-miniature projection display technology, announced it entered into a $4.5 million At-the-Market (ATM) equity offering agreement with Meyers Associates, L.P. (doing business as Brinson Patrick, a division of Meyers Associates, L.P.), or Brinson Patrick. Microvision, Inc. (NASDAQ:MVIS), fell 8.22% in last trading session and ended the day on $2.01. MVIS, Gross Margin is 81.10% and its return on assets is -142.00%. Microvision, Inc. (NASDAQ:MVIS), quarterly performance is -0.99%.

On June 16, 2014, ReneSola Ltd. (ADR) (NYSE:SOL), a leading brand and technology provider of solar photovoltaic products, announced that Solar Insurance & Finance (“Solarif”), an international and independent insurance broker specializing in insurance for PV installations, has certified ReneSola modules based on a positive audit of the Company involving relevant technical, financial, environmental, and labor considerations. ReneSola Ltd. (ADR) (NYSE:SOL), shares moved down 7.42% in last trading session and was closed at $2.87, while trading in range of $2.86 – 3.13. ReneSola Ltd. (ADR) (NYSE:SOL), year to date (YTD) performance is -16.81%.

Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), declared that its wholly-owned subsidiary, Yingli Green Energy Singapore Company Pte. Limited (“Yingli Singapore”), is supplying 12 MWp of solar modules to Gading Kencana Sdn Bhd., a leading solar energy company in Malaysia. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), ended the last trading day at $3.56. Company weekly volatility is calculated as 8.30% and price to cash ratio as 3.65. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), showed a negative weekly performance of 9.87%.

On June 11, 2014, In a separate development, Alcatel-Lucent signed a collaboration agreement with Towerstream Corporation (NASDAQ:TWER), a leading global provider of 4G and Small Cell Rooftop Tower solutions, to develop small cell wireless infrastructure. Through the partnership, Alcatel-Lucent will include Towerstream in its Metro Cell Express Site Certification program, which will enable carriers to deploy high-speed and efficient wireless networks conforming to subscriber specifications. Further, this deal also strengthens the company’s capabilities for site acquisition, power accessibility, and backhaul connectivity. Towerstream Corporation (NASDAQ:TWER), net profit margin is -76.40% and weekly performance is -7.39%. On last trading day company shares ended up $1.63. Analysts mean target price for the company is $5.00. Towerstream Corporation (NASDAQ:TWER), distance from 50-day simple moving average (SMA50) is -9.43%.

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