Yingli Green Energy Holding Company Limited (ADR) (NYSE:YGE) the largest vertically integrated photovoltaic (“PV”) module manufacturer in the world, also known as “Yingli Solar,” announced that its Board of Directors has appointed PricewaterhouseCoopers Zhong Tian LLP (“PwC”) as the Company’s independent auditors. PwC will replace KPMG as the independent auditors for the Company with immediate effect. The Company is working closely with its prior audit firm, KPMG, and PwC to ensure a seamless transition. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) net profit margin is -8.30% and weekly performance is -11.94%. On last trading day company shares ended up $2.95. Analysts mean target price for the company is $5.88. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) distance from 50-day simple moving average (SMA50) is -21.07%.
Shares of GT Advanced Technologies Inc (NASDAQ:GTAT) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totalling 43,013,791 shares, an increase of 8.0% from the April 30th total of 39,815,103 shares, Analyst Ratings Net reports. Based on an average daily volume of 9,680,148 shares, the short-interest ratio is currently 4.4 days. Approximately 31.9% of the company’s shares are short sold. GT Advanced Technologies Inc (NASDAQ:GTAT) shares fell -5.46% in last trading session and ended the day on $15.77. Gross Margin is 30.60% and its return on assets is -10.10%. GT Advanced Technologies Inc (NASDAQ:GTAT) quarterly performance is -5.57%.
On May 14, 2014, the Audit and Ethics Committee of the Board of Directors of the Molycorp Inc (NYSE:MCP) approved the appointment of KPMG Canada as the Company’s new independent registered public accounting firm beginning with the review of the Company’s financial statements for the quarter ending June 30, 2014. The Company’s formal engagement of KPMG Canada remains subject to KPMG Canada completing its client acceptance process. On May 14, 2014, the Committee also approved the dismissal of PricewaterhouseCoopers LLP (Canada) (“PwC Canada”) as the Company’s independent registered public accounting firm effective May 16, 2014. Molycorp Inc (NYSE:MCP) shares moved down -7.06% in last trading session and was closed at $2.50, while trading in range of $2.44 – $2.70. Molycorp Inc (NYSE:MCP) year to date (YTD) performance is -60.19%.
Quiksilver, Inc. (NYSE:ZQK) the maker of surf clothing and other athletic wear, plunged the most in almost three decades after posting a wider loss and forecasting sluggish sales for the rest of the year. Quiksilver, Inc. (NYSE:ZQK) ended the last trading day at $3.41. Company weekly volatility is calculated as 8.02% and price to cash ratio as 8.30. Quiksilver, Inc. (NYSE:ZQK) showed a negative weekly performance of -46.64%.
On May 22, RBC Capital upgraded shares of E.On Se (ADR) (OTCMKTS:EONGY) from an underperform rating to an outperform rating in a research report released on Wednesday morning. RBC Capital currently has $15.00 price objective on the stock, up from their previous price objective of $11.00. E.ON SE (ADR) (OTCMKTS:EONGY) On last trading day company shares ended up $19.40 .
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