Plug Power Inc. (NASDAQ:PLUG) tripped a circuit breaker on short selling, thus restricting prices at which the fuel cell company’ s stock can be sold short. FactSet data indicates that approximately 30% of Plug Power’s shares are sold short. Plug Power Inc. (NASDAQ:PLUG) shares after opening at $4.41 moved to $4.43 on last trade day and at the end of the day closed at $4.06. Company price to sales ratio in past twelve months was calculated as 21.97 and price to cash ratio as 116.90. Plug Power Inc. (NASDAQ:PLUG) showed a negative weekly performance of -12.88%.
Iridium Communications Inc. (NASDAQ:IRDM) announced that it has entered into a stock purchase agreement pursuant to which Iridium will issue 7,692,308 shares of Iridium’s common stock directly to certain Baron funds at a price of $6.50 per share for aggregate gross proceeds of $50,000,002. Iridium Communications Inc. (NASDAQ:IRDM) shares fell -5.11% in last trading session and ended the day on $7.24. IRDM return on equity ratio is recorded as 6.00% and its return on assets is 2.60%. Iridium Communications Inc. (NASDAQ:IRDM) yearly performance is 2.55%.
Universal Display Corporation (NASDAQ:OLED) reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. Universal Display Corporation (NASDAQ:OLED) shares moved down -9.73% in last trading session and was closed at $23.67, while trading in range of $23.45 – $26.49. Universal Display Corporation (NASDAQ:OLED) year to date (YTD) performance is -31.11%.
Rubicon Technology, Inc. (NASDAQ:RBCN) reported Q1 EPS of ($0.43), $0.10 worse than the analyst estimate of ($0.33). Revenue for the quarter came in at $14.3 million versus the consensus estimate of $12.95 million. Rubicon Technology, Inc. (NASDAQ:RBCN) weekly performance is -19.01%. On last trading day company shares ended up $8.01. Rubicon Technology, Inc. (NASDAQ:RBCN) distance from 50-day simple moving average (SMA50) is -33.78%. Analysts mean target price for the company is $12.39.
Leave a Reply