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Tag: DPW

  • Ault Global Holdings Inc (DPW) stock rebounds today; here’s why it happened

    Ault Global Holdings Inc (NYSE: DPW) stock last closed at $2.97 which is a 9.17% plunge in the stock price. However, the current session showed positivity in the DPW stock price by 1.68%.

    This upward movement in Ault Global Holdings Inc’s (DPW) stock price comes adjacent to the news announcement by the diversified holding company. The news states that DPW’s partner in the electronic business, Coolisys Technologies Corp. has received an offer $10.5 million purchase order.

    Ault Global Holdings, Inc. expands by acquiring businesses

    Ault Global Holdings, Inc. (DPW) is a diversified holding company founded in 1969. DPW expands its basis of operations by acquiring low-valued businesses and technology companies that are globally influential. Besides its strategy of expansion and acquisition, the company also works as a financial lending and aid company that extends loans to entrepreneurial businesses.

    Coolisys is the DPW acquired electronic business that provides project specific products for aerospace, industrial, healthcare, government and telecommunications market clients.

    Why the deal between Coolisys and iNet is significant?

    The $10.5 million purchase order received by Coolisys Tech Corp. (Coolisys) is specifically for the residential EV charging systems. The definitive agreement was made with Origin Micro and its subsidiary iNetSupply.com where 30,000 7kW Electric Vehicle chargers were agreed upon. The Purchase and Resale agreement will be based on a 3 year term.

    Furthermore, Coolisys has announced that it is positive about the prospects of selling accessories for the residential charging EV systems. iNet will acquire these accessories for an estimate of $1.5 million. Specifically these charging systems are able to be wall-mounted and the accessory that comes along with it is the adapter which allows the charging of Tesla vehicles as well.

    iNet itself is a leader in electronic product procurement/distribution and uses efficient traditional as well as e-commerce digital platform. Thanks to its vast supply chain network, the company consists of major well-known clients like Lenovo, Dell, Cisco, and HP.

    iNet plans to procure these wall-mounted residential EV chargers and make them available for preorder purchase at iNetSupply.com. Due to the company’s high well-known reputation for maintaining and delivering product integrity, it will have access to list these 7kW EV residential chargers on e-commerce platforms like Amazon.com, eBay.com and Newegg.com

    This deal is timely placed in this era of increased adoption of Electric Vehicles globally. This adoption can be assessed from the increased competitiveness in EV market due to entrance of newer companies.

    How is the overall outlook for DPW stock’s fundamentals?

    Overall, Ault Global Holdings, Inc (DPW) has been actively strategizing its expansion and investment in subsidiaries. On 12th March, 2021 DPW announced the investment in Alzamend Neuro which was valued at $10 million. This investment was based on the Biotech Company’s recent success in FDA approvals for its neurodegenerative drug treatment. These investments by the Holding company allow for it to reap the reward of progress and development in the fundamentals of invested firms. Eventually, the success of these invested companies lead to the increase in the stock value of DPW and attracts the attention of new investors.

  • Early Morning Vibes: 4 Best Stocks To Buy Today

    Early Morning Vibes: 4 Best Stocks To Buy Today

    Key US stock index futures rallied on Tuesday, indicating that US exchanges may continue to rally after hitting record highs on Monday. 

    Banknotes and Coins 

    The ruble is growing against the dollar during the day amid rising oil prices. Futures on the Dow Jones Industrial Average (DJIA) increased by 0.47%, to 30448.5 points, on the NASDAQ high-tech index – by 0.4%, to 128,834.25 points. Futures on the broad market index S&P 500 – by 0.46%, to 3744.62 points. The S&P 500 is up more than 15% this year, while the Nasdaq Composite is up more than 43% in 2020 alone. The weakest growth was shown by the DJIA – it was only 6%. 

    Trading volumes are usually lower in the last days of the year, when many people are already resting, which can reinforce market dynamics. 

    Investor optimism is also supported by domestic news. So, on Tuesday, the House of Representatives of the US Congress voted for the increase in compensation in connection with the coronavirus to $2,000 per person demanded by President Donald Trump, instead of the $600 specified by the previously approved economic aid package. The move comes after Trump signed a $900 billion congressional bailout package on Sunday after a multi-day delay. The President said that he is demanding from both houses of Congress to increase the amount of payments to $2,000 per person.

    Today Top Movers

    ‎‎Guardion Health Sciences Inc (GHSI)‎‎ share price is up 14.83% at $0.36 in premarket trading today after declariong the appointment of Bret Scholtes, a veteran of the nutritional products industry for nearly a decade, as its President and Chief Executive Officer, and as a member of the Board of Directors.

    ‎‎Opko Health Inc (OPK)‎‎ share price gaining 1.78% at $3.99 in today’s premarket trading session.

    ‎‎Sundial Growers Inc (SNDL)‎‎ share price is at $0.48, soaring 0.36% in early morning trading on Tuesday following an announcement of concentrates licence agreement with Simply Solventless.

    ‎‎IRIDEX Corporation (IRIX)‎‎ is increasing 31.95% of its share price at $3.14 in premarket trading on Tuesday.

    Top Upgrades & Downgrades

    KeyBanc turned bullish on Continental Resources Inc. (CLR), upgrading the stock to “Overweight” and assigning a $20.0 price target.

    H.C. Wainwright turned bullish on Tenax Therapeutics Inc (NASDAQ: TENX), initiating the stock ‎at ‎‎“Buy” and assigning the target to $5, representing potential ‎downside ‎of 367.29% from Monday’s close. 

    H.C. Benchmark turned bullish on Porch Group Inc (PRCH), ‎initiating the stock ‎at ‎‎“Buy” and assigning the target to $24, representing ‎potential ‎downside ‎of 63.15% from Monday’s close.

    Earlier Tuesday RBC Capital reduced its rating on Aprea Therapeutics Inc. (APRE) stock to Sector Perform from Outperform and assigned the price target to $10.0. With shares trading at around $5.50, the Wall Street firm thinks Aprea Therapeutics Inc.’s stock could add than 72.35%. 

    Baird analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Arcturus Therapeutics Holdings Inc. (ARCT) has been changed to Neutral from Outperform and the new price target is set at $69.0.

    Latest Insider Activity

    Moderna Inc. (MRNA) President Hoge Stephen announced the sale of shares taking place on Dec 24 at $125.17 for some 5,000 shares. The total came to more than $0.63 million.

    Immersion Corporation (IMMR) Director MARTIN WILLIAM C sold on Dec 24 a ‎total 3,779,801 shares at $9.00 on average. The insider’s sale generated proceeds of almost ‎‎$28206.

    DPW Holdings Inc. (DPW) Chairman and CEO AULT MILTON C III declared the purchase of shares taking place on Dec 23 at $3.84 for some 520 shares. The transaction amount was around $1995.

    Eos Energy Enterprises Inc. (EOSE) Director DIMITRIEF ALEXANDER bought on Dec 17 a total 20,000 shares at $14.57 on average. The purchase cost the insider an estimated $291,400.

  • 11 Notable Stocks form Electrical Equipment Industry

    11 Notable Stocks form Electrical Equipment Industry

    A US legislator warned a Pacific ally against China risking undermining the security of a ‎sensitive ‎undersea cable project. The letter reviewed by Reuters shows that if a state-‎backed bid called for a ‎cut-price bid, it would win the tender process.‎

    ‎ The letter was addressed to the Federated States of Micronesia (FSM) by Republicans Ted ‎Cruz and ‎Marco Rubio, dated September 18. It could use that opportunity to wage ‎‎“campaigns of espionage and ‎geopolitical coercion.” China recently imposed symbolic ‎sanctions on Cruz and Rubio.‎

    According to Reuters, Huawei Marine is now majority-owned by another Chinese firm after ‎being ‎recently divested from Huawei Technologies Co Ltd. They submitted bids for the $72.6 ‎million project ‎funded by the World Bank and the Asian Development Bank (ADB) at a price ‎that was over 20% lower ‎than two competitors.‎

    The United States has pressed governments worldwide to block Huawei Technologies Co Ltd ‎from ‎providing critical infrastructure. It has been alleged the company was giving data to ‎the Chinese ‎government for snooping, an accusation that the company consistently denies.‎

    ‎ Following are the notable Stocks form the Electrical Equipment industry:

 ‎‎

    FuelCell Energy Inc. (NASDAQ:FCEL) shares were trading up 14.55% at $10.74 at ‎the time of writing on Tuesday. The company on December 18, 2020 revealed that state regulators ‎have improperly rescinded RFP awards for three fuel cell projects .‎

    FuelCell Energy Inc. (NASDAQ:FCEL) share price went from a low point around ‎‎$0.75 to briefly over $11.31 in past 52 weeks, though shares have since pulled back to $10.74. FCEL ‎market cap has remained high, hitting $3.20B at the time of writing, giving it price-to-sales ratio of ‎more than 40.‎

    If we look at the recent analyst rating FCEL, Canaccord Genuity resumed ‎coverage on FCEL shares with a Hold rating and a $4.50 price target, which implies ‎room for -6.24% downside momentum this year.‎

    Plug Power Inc. (PLUG) last closed at $35.69, in a 52-week range of $2.53 to ‎‎$33.02. On December 15, 2020, Vuzix declared that Plug Power has developed and successfully ‎deployed an AR smart glasses-based remote training and onboarding program utilizing Vuzix M400 ‎Smart Glasses powered by Ubimax Frontline. Analysts have a consensus price target of $25.31.‎

    CBAK Energy Technology Inc. (CBAT) stock soar by 18.75% to $6.46. The firm on ‎December 11, 2020 announced the Closing of $49.2 million registered direct offering.‎

    DPW Holdings Inc. (AMEX:DPW) Shares headed rising, higher as much as 7.86%. ‎DPW Holdings, Inc. (DPW) recently revealed that its subsidiary has signed a purchase agreement to ‎acquire a 617,000 square foot mixed-use commercial facility located on a 34.5 acre site in southern ‎Michigan for $3.9 million in cash.‎

    Ocean Power Technologies Inc. (NASDAQ:OPTT) rose 20.38% after gaining more ‎than $0.54 on Tuesday. The firm on December 8, 2020 released its financial results for the second ‎quarter of fiscal year 2021 ended October 31, 2020.‎

    Bloom Energy Corporation (BE) last closed at $30.32, in a 52-week range of $3.00 ‎to $31.04. On December 14, 2020, the company and El Camino Health declared the launch of the ‎University of Illinois’ innovative Shield T3 COVID testing system and mobile laboratory. Analysts have a ‎consensus price target of $20.56.‎

    Vertiv Holdings Co. (VRT) stock drop by -0.26% to $18.96. The most recent rating ‎by Vertical Research, on November 18, 2020, is at a Buy.‎

    Pioneer Power Solutions Inc. (NASDAQ:PPSI) Shares headed rising, higher as ‎much as 10.55%. The company recently reported that it has been awarded new service agreement ‎with large home improvement retailer. The most recent rating by ROTH Capital, on October 29, 2015, is ‎at a Buy.‎

    Eos Energy Enterprises Inc. (NASDAQ:EOSE) rose 5.89% after gaining more than ‎‎$0.89 on Tuesday after declaring that it has a firm order from Charge Bliss, Inc., to provide a critical care ‎hospital with 2 MW of energy storage using its Znyth battery.‎

    Polar Power Inc. (POLA) last closed at $5.15, in a 52-week range of $0.95 to ‎‎$6.64.‎

    GrafTech International Ltd. (EAF) stock drop by -0.69% to $8.60. The company ‎on December 15, 2020 declared upsizing and pricing of secondary offering of common stock by existing ‎stockholders. The most recent rating by RBC Capital Mkts, on February 13, 2020, is at a Sector ‎perform.

  • What changed for these 24 stocks in Pre Market Session

    What changed for these 24 stocks in Pre Market Session

    Sundial Growers Inc. (SNDL) stock plunged -4.62% to $0.287 in the pre-market trading. The company recently reported that it will participate in Cowen’s 2020 Boston Cannabis Conference, to be held virtually between November 30 and December 2, 2020. The most recent rating by CIBC, on August 17, 2020, is a Neutral.

    Ideanomics Inc. (NASDAQ: IDEX) shares are trading down -8.89% at $2.87 at the time of writing after the declaration by company that it has increased its stake in California-based Solectrac, Inc. through a follow-on investment of an additional $1.3 million. Company’s 52-week ranged between $0.28 to $3.98.

    Fuel Tech Inc. (FTEK), a Pollution & Treatment Controls company, dropped about -16.89% at $5.02 in pre-market trading Wednesday.

    Yunji Inc. (YJ) gained over 33.8% at $5.74 in pre-market trading Wednesday November 25, 2020 following the publication that the company has signed a cooperative framework agreement with Douyin, a leading Chinese live streaming platform owned by Bytedance.

    XPeng Inc. (XPEV) is down more than -5.69% at $66.61 in pre-market hours Wednesday November 25, 2020. The stock had dropped over -2.13% to $70.63 in the last trading session.

    DPW Holdings Inc. (DPW) stock plunged -6.66% to $5.89 in the pre-market trading after a news declared by the DPW Holdings, that its power electronics business, Coolisys Technologies Corp.® (“Coolisys®”), has established a program targeting both national and regional fast-food franchises to install the ACECool™ electric vehicle (“EV”) chargers as a part of a revenue sharing program.

    Li Auto Inc. (NASDAQ: LI) shares are trading down -5.14% at $41.7 at the time of writing. Company’s 52-week ranged between $14.31 to $44.18. Analysts have a consensus price target of $45.60.

    Macy’s Inc. (M) stock moved down -4.7 percent to $10.35 in the pre-market trading. The retail organization recently publicized that Malek Robert Amirshahi has been named senior vice president of corporate communications for Macy’s, Inc., effective December 7, 2020.

    Occidental Petroleum Corporation (OXY) lost over -3.52% at $16.19 in pre-market trading Wednesday November 25, 2020.

    Before the trading started on November 25, 2020, Blink Charging Co. (BLNK) is down -4.37% to reach $26.89. The organization recently told that it has acquired the EV charging operator U-Go Stations, Inc. and its portfolio of 44 DCFC charging locations. It has been trading in a 52-week range of $1.25 to $34.67.

    Tilray Inc. (TLRY) stock plunged -4.85% to $7.45 in the pre-market trading after the firm reported that it has entered into privately negotiated exchange agreements with certain holders of its 5.00% Convertible Senior Notes due 2023. The most recent rating by Jefferies, on November 16, 2020, is an Underperform.

    Marathon Patent Group Inc. (NASDAQ: MARA) shares are trading up 9.78% at $5.39 at the time of writing. Company’s 52-week ranged between $0.35 to $5.25. Analysts have a consensus price target of $7.50.

    Advaxis Inc. (ADXS), a Biotechnology company, rose about 7.36% at $0.3049 in pre-market trading Wednesday after the recent declaration by firm, the pricing of an underwritten public offering of (i) 26,666,666 shares of common stock and warrants to purchase up to 13,333,333 shares of common stock.

    ECMOHO Limited (MOHO) is down more than -22.22% at $2.8 in pre-market hours Wednesday November 25, 2020. The stock had jumped over 151.75% to $3.60 in the last trading session.

    Ayro Inc. (AYRO), a Auto Manufacturers company, dropped about -6.32% at $8.15 in pre-market trading Wednesday. The firm recently declared that the closing of its previously reported registered direct offering for an aggregate of $10 million in gross proceeds with Carnegie Hudson Resources, an investment arm of Wanxiang America, along with several existing institutional investors.

    Borr Drilling Limited (BORR) lost over -5.64% at $0.8766 in pre-market trading Wednesday November 25, 2020.

    OrganiGram Holdings Inc. (OGI) is down more than -1.64% at $1.2 in pre-market hours Wednesday November 25, 2020 after the healthcare company declared that it will report earnings results for its fourth quarter and full year Fiscal 2020 ended August 31, 2020 on Monday November 30th, 2020 before market open. The stock had jumped over 8.93% to $1.22 in the last trading session.

    Before the trading started on November 25, 2020, The Macerich Company (MAC) is down -4.5% to reach $10.41. It has been trading in a 52-week range of $4.56 to $26.20.

    The Gap Inc. (GPS), a Apparel Retail company, dropped about -11.57% at $23.76 in pre-market trading Wednesday after the company recently reported its financial results for the third quarter of fiscal year 2020, ending October 31.

    Aphria Inc. (NASDAQ: APHA) shares are trading down -3.65% at $6.6 at the time of writing. Company’s 52-week ranged between $1.95 to $6.60.

    Canaan Inc. (CAN), a Computer Hardware company, rose about 2.77% at $5.57 in pre-market trading Wednesday. The technology company plans to release its third quarter 2020 financial results before the market opens on Monday, November 30, 2020.

    Foresight Autonomous Holdings Ltd. (FRSX) is down more than -4.62% at $1.24 in pre-market hours Wednesday November 25, 2020. The stock had dropped over -2.99% to $1.30 in the last trading session.

    India Globalization Capital Inc. (IGC) stock plunged -7.43% to $1.37 in the pre-market trading. The firm reported that it is enrolling participants suffering from mild to severe dementia due to Alzheimer’s disease for its Phase 1 clinical trial.

    Jumia Technologies AG (NYSE: JMIA) shares are trading down -5.86% at $28.62 at the time of writing. Company’s 52-week ranged between $2.15 to $31.19. Analysts have a consensus price target of $4.50.

  • Now Is A Good Time To Look At These 20 Stocks In Electrical Equipment Industry

    Now Is A Good Time To Look At These 20 Stocks In Electrical Equipment Industry

    Electrical Equipment Industry is best known for its unique services for a diverse customer base. The demand for electrical equipment and parts is continuously increasing in the past few years. Equipment companies usually served the mature markets. The Electrical Equipment industry is considered to be the faster-growing industry in the world because of the increasing demands of electrical components.

    If we look at the past years this industry has not experienced the major changes but with the passage of time and with the emergence of new technologies this industry is evolving. Like every industry electrical equipment and parts, the industry is also striving to provide the best-in-class services and frictionless experience to its customer.

    Here are the top 20 leading companies in the electrical equipment and parts industry that need your attention:

    Advanced Energy Industries Inc. (NASDAQ: AEIS)

    Advanced Energy Industries Inc. (NASDAQ: AEIS) shares were trading up 1.99% at $67.07 at the time of writing on Wednesday. Advanced Energy Industries Inc. (NASDAQ: AEIS) share price went from a low point around $33.38 to briefly over $82.26 in the past 52 weeks, though shares have since pulled back to $67.07. AEIS market cap has remained high, hitting $2.67B at the time of writing, giving it a price-to-sales ratio of more than 2.

    Advanced Energy Industries Inc. has revealed that it has appointed Anne DelSanto and Lanesha Minnix to its Board of Directors. If we look at the recent analyst rating AEIS, Rosenblatt initiated coverage on AEIS shares with a Buy rating and an $84.50 price target, which implies room for 17.43% upside momentum this year.

    Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC)

    Asia Pacific Wire & Cable Corporation Limited (NASDAQ: APWC) last closed at $1.79, in a 52-week range of $0.89 to $2.69. Asia Pacific Wire & Cable Corporation Limited (APWC) has earlier held the 2020 Annual General Meeting on September 18, 2020. The Company has acquired a US$6,000,000 secured loan from its majority shareholder, Pacific Electric Wire & Cable Co., Ltd. (PEWC).  APWC market cap has remained high, hitting $24.58 Million at the time of writing.

    Acuity Brands Inc. (NYSE: AYI)

    Acuity Brands Inc. (NYSE: AYI) stock soar by 3.25% to $113.26. The most recent rating by UBS, on September 16, 2020, is at a Sell. The Board of Directors of Acuity Brands, Inc. earlier revealed a quarterly dividend of 13 cents per share. The dividend is payable on November 2, 2020, to shareholders of record on October 19, 2020. Acuity Brands Inc. (AYI) market capitalization has remained high, hitting $4.36 billion at the time of writing.

    AZZ Inc. (NYSE: AZZ)

    AZZ Inc. (NYSE: AZZ) shares headed rising, higher as much as 0.31%. The most recent rating by Sidoti, on October 29, 2018, is at a Buy. AZZ Inc. (AZZ) is scheduled to host a conference call to review the financial results for the second quarter fiscal year 2021 on October 13, 2020. The Company will issue a press release reporting the second-quarter fiscal year 2021 financial results before the market opens on October 13, 2020.

    Bloom Energy Corporation (NYSE: BE)

    Bloom Energy Corporation (NYSE: BE) last closed at $21.63, in a 52-week range of $2.44 to $20.71. Analysts have a consensus price target of $16.00. Bloom Energy Corporation (BE) is scheduled to host an investor conference call and question and answer session on October 8, 2020. It has moved up 786.48% and 4.44% from its 52-weeks low and 52-weeks high, respectively. Looking at its liquidity, it has a current ratio of 1.50 billion at the time of writing.

    Badger Meter Inc. (NYSE: BMI)

    Badger Meter Inc. (NYSE: BMI) stock soar by 0.48% to $68.52. The most recent rating by Argus, on June 30, 2020, is at a Buy. Badger Meter Inc. (BMI) announced it will issue its third-quarter 2020 earnings release before the market opens on Friday, October 16, 2020. After the release, Badger Meter is scheduled to hold its third-quarter earnings conference call at 10:00 am CT.

    CBAK Energy Technology Inc. (NASDAQ: CBAT)

    CBAK Energy Technology Inc. (NASDAQ: CBAT) Shares headed rising, higher as much as 4.15%. CBAK Energy Technology Inc. (CBAT) has announced that its product release of 32140 large-sized cylindrical tabless batteries has officially passed its technical and Pilot Plant tests which demonstrated its success in product research of this model.

    DPW Holdings Inc. (AMEX: DPW)

    DPW Holdings Inc. (AMEX: DPW) rose 18.06% after gaining more than $0.39 on Wednesday. DPW Holdings Announces Registration Is Closing for Its Second Annual Investor Day Conference and Webcast Scheduled for Thursday, October 8, 2020.

    GrafTech International Ltd. (NYSE: EAF)

    GrafTech International Ltd. (NYSE: EAF) last closed at $7.39, in a 52-week range of $5.56 to $14.84. Analysts have a consensus price target of $8.90. GrafTech International Ltd. (EAF) is scheduled to host its Third Quarter 2020 Conference Call and Webcast on Tuesday, November 3, 2020, at 10:00 a.m. (EST). The call will be hosted by senior management to discuss financial results for the quarter ended September 30, 2020, and current business initiatives.

    Energizer Holdings Inc. (NYSE: ENR)

    Energizer Holdings Inc. (NYSE: ENR) stock drop by -1.60% to $40.49. The most recent rating by Morgan Stanley, on May 18, 2020, is at an Overweight. Energizer Holdings Inc. (ENR) will report results for its Fourth Quarter Fiscal 2020 before the market opens on November 12, 2020. It has announced the successful completion of its earlier announced private offering of $800 million in aggregate principal amount of 4.375% senior notes due 2029 in a private offering, subject to market and other customary conditions.

    Espey Mfg. & Electronics Corp. (AMEX: ESP)

    Espey Mfg. & Electronics Corp. (AMEX: ESP) rose 2.62% after gaining more than $0.47 on Wednesday. Espey Mfg. & Electronics Corp. (ESP) has earlier announced the results for its fourth quarter and fiscal year, ended June 30, 2020.  The Company reported net sales of $31,526,231 compared with $36,477,851 for the fiscal year ended June 30, 2019.

    Flux Power Holdings Inc. (NASDAQ: FLUX)

    Flux Power Holdings Inc. (NASDAQ: FLUX) stock soar by 10.68% to $8.60. Flux Power Holdings Inc. (FLUX) has earlier reported financial results for its fourth quarter (Q4’20) and fiscal year (FY‘20) ended June 30, 2020. Its Q4’20 revenue grew 107% to $6.3M compared to Q4’19 revenue of $3.0M.

    Hollysys Automation Technologies Ltd. (NASDAQ: HOLI)

    Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) shares headed rising, higher as much as 0.96%. The most recent rating by Goldman, on November 04, 2019, is at a Buy. Hollysys Automation Technologies Ltd. (HOLI) has announced that the Board of Directors of the Company has declared an annual cash dividend of $0.2 per ordinary share for the fiscal year 2020, implying a 15% payout ratio.

    Lightbridge Corporation (NASDAQ: LTBR)

    Lightbridge Corporation (NASDAQ: LTBR) stock drop by -11.55% to $3.37. Lightbridge Corporation (LTBR) revealed earlier that President and CEO Seth Grae will join the Atlantic Council’s EnergySource Innovation Stream online series as the featured guest on Thursday, September 17.

    nVent Electric plc (NYSE: NVT)

    nVent Electric plc (NYSE: NVT) Shares headed rising, higher as much as 1.35%. The most recent rating by Wolfe Research, on September 15, 2020, is at a Peer perform. nVent Electric plc (NVT) earlier disclosed today that it will pay a regular quarterly cash dividend of $0.175 per share on November 6, 2020, to shareholders of record at the close of business on October 23, 2020.

    FuelCell Energy Inc. (NASDAQ: FCEL)

    FuelCell Energy Inc. (NASDAQ: FCEL) last closed at $2.16, in a 52-week range of $0.23 to $3.50. FuelCell Energy Successfully Raises Capital to Advance Business Goals. Analysts have a consensus price target of $2.50. FuelCell Energy Inc. (FCEL) market capitalization has remained high, hitting $635.17 Million at the time of writing.

    Belden Inc. (NYSE: BDC)

    Belden Inc. (NYSE: BDC) rose 2.19% after gaining more than $0.72 on Wednesday. Belden Inc. (BDC) share has fluctuated between the 52-weeks low range of $25.54 and a high range of $56.94. It has moved up 31.60% and moved down -40.97% from its 52-weeks low and 52-weeks high. Looking at its liquidity, it has a current ratio of 2.20.

    EnerSys (NYSE: ENS)

    EnerSys (NYSE: ENS) shares headed rising, higher as much as 2.82%. The most recent rating by BTIG Research, on June 16, 2020, is at a Neutral. EnerSys (ENS) share price went from a low point around $35.21 to briefly over $80.22 in the past 52 weeks, though shares have since pulled back to $72.52. ENS market cap has remained high, hitting $3.06 billion at the time of writing.

    Hubbell Incorporated (NYSE: HUBB)

    Hubbell Incorporated (NYSE: HUBB) rose 1.45% after gaining more than $2.02 on Wednesday. Hubbell Incorporated (HUBB) share has fluctuated between the 52-weeks low range of $85.62 and a high range of $155.00. It has moved up 64.97% and moved down -8.87% from its 52-weeks low and 52-weeks high. Looking at its liquidity, it has a current ratio of 2.00.

    Kimball Electronics Inc. (NASDAQ: KE)

    Kimball Electronics Inc. (NASDAQ: KE) last closed at $12.32, in a 52-week range of $9.78 to $18.49. Analysts have a consensus price target of $17.00. Kimball Electronics Inc. (KE) has moved up 25.97% from its 52-weeks low and moved down -33.37% from its 52-weeks high. It has a market capitalization of $313.30 million at the time of writing.

     

  • 10 Trending Stocks In Electrical Equipment Industry

    10 Trending Stocks In Electrical Equipment Industry

    Electrical Equipment Industry is engaged in the production of a wide range of products for a diverse customer base. The workforce of today’s electrical equipment industry has possessed different skills as compared to the workforce in earlier years. The companies which are involved in the production of electrical equipment and its part has specialized skills in this sector. They are adopting new technologies to provide the best experience to customers.

    The demand for the electrical equipment industry is expected to increase in the next several years. With the advancement of new technologies, this industry is also evolving rapidly. Here are the few companies which are following new market trends to increase their global reach:

    CBAK Energy Technology Inc. (NASDAQ: CBAT)

    CBAK Energy Technology Inc. (CBAT) stock drop by -4.35% to $0.88. CBAK Energy Technology Inc. (CBAT) has successfully entered into the supplier base of Haier Group and won the bidding for the Haier project in the smart home market. CBAK Energy Battery is going to help Haier build the Intelligent manufacturing information system, produce more favorable home appliances by consumers and the products fit their lifestyle better. This company market capitalization has remained high, hitting $55.07 million.

    Plug Power Inc. (NASDAQ: PLUG)

    Plug Power Inc. (PLUG) last closed at $12.07, in a 52-week range of $2.32 to $14.35. Analysts have a consensus price target of $13.34. Plug Power Inc. (PLUG) revealed that it has signed a memorandum of understanding (MOU) for the demonstration of Plug Power’s ProGen fuel cell engine in Class 6 and Class 8 vehicles, which will be used by Linde for delivery of products. The company has also named Corine Dubruel as the Vice President and Managing Director, Europe. She will use her experience to strengthen the company’s position in Europe.

    DPW Holdings Inc. (AMEX: DPW)

    DPW Holdings Inc. (AMEX: DPW) rose 10.61% after gaining more than $0.19 on Wednesday. DPW Holdings Inc. (DPW) has revealed that its subsidiary It’sLikeFashion.com, Inc. has successfully completed the beta testing of its online platform. The company is also expecting to report the revenue from Its LikeFashion in the fourth quarter of 2020. This company’s total market capitalization is $21.30 million at the time of writing.

    Ocean Power Technologies Inc. (NASDAQ: OPTT)

    Ocean Power Technologies Inc. (NASDAQ: OPTT) last closed at $0.91, in a 52-week range of $0.33 to $1.97.  Ocean Power Technologies Inc has entered into a Common Stock Purchase Agreement with Aspire Capital Fund, LLC to sell up to $12.5 million in common stock to Aspire Capital over a term of 30 months. The company will use the profit of this agreement to build additional PowerBuoys as needed to meet potential market demand, to further advance the development of new products and solutions, and for other general corporate purposes.

    FuelCell Energy Inc. (NASDAQ: FCEL)

    FuelCell Energy Inc. (NASDAQ: FCEL) shares headed falling, lower as much as -9.72%. The most recent rating by Craig Hallum, on June 12, 2020, is at a Sell. FuelCell Energy Inc. (FCEL) revealed that the Company’s reversible solid oxide project has been selected by the U.S. Department of Energy (DOE) to receive funding support in the amount of $3.0 million. If we look at the liquidity, this company current ratio is 2.70. It has a market capitalization of $502.20 million at the time of writing.

    GrafTech International Ltd. (NYSE: EAF)

    GrafTech International Ltd. (NYSE: EAF) last closed at $7.14, in a 52-week range of $5.56 to $14.84. Analysts have a consensus price target of $8.90. GrafTech International Ltd. (EAF) has earlier published its inaugural Sustainability Report. The report showed progress towards a better understanding of the company’s environmental, social, and governance (ESG) impacts.

    Polar Power Inc. (NASDAQ: POLA)

    Polar Power Inc. (NASDAQ: POLA) shares were trading up 11.63% at $1.92 at the time of writing on Wednesday. Polar Power Inc. (NASDAQ: POLA) share price went from a low point around $0.95 to briefly over $4.96 in the past 52 weeks, though shares have since pulled back to $1.92. POLA market cap has remained high, hitting $20.24M at the time of writing, giving it a price-to-sales ratio of more than 1. If we look at the recent analyst rating POLA, ROTH Capital downgraded coverage on POLA shares with a Neutral rating.

    Bloom Energy Corporation (BE)

    Bloom Energy Corporation (BE) stock drop by -9.77% to $15.24. The most recent rating by Raymond James, on February 20, 2020, is at an Mkt perform. Bloom Energy Corporation (BE) stock fluctuated between the 52-weeks low and high range of $2.44 and a high of $19.67, respectively. It has traded up 524.59% from its 52-weeks low and traded down -22.42% from its 52-weeks high. If we look at its liquidity, it has a current ratio of $1.50.

    Pioneer Power Solutions Inc. (NASDAQ: PPSI)

    Pioneer Power Solutions Inc. (NASDAQ: PPSI) shares headed falling, lower as much as -5.11%. The most recent rating by ROTH Capital, on October 29, 2015, is at a Buy. Pioneer Power Solutions Inc. (PPSI) share price went from a low point around $0.90 to briefly over $5.67 in the past 52 weeks, though shares have since pulled back to $1.45. PPSI market cap has remained high, hitting $11.13 Million at the time of writing.

    Vertiv Holdings Co. (NYSE: VRT)

    Vertiv Holdings Co. (NYSE: VRT) fall -1.41% after losing more than -$0.24 on Wednesday. Vertiv Holdings Co. (VRT) stock fluctuated between the 52-weeks low and high range of $4.75 and a high of $18.00, respectively. It has traded up 248.21% from its 52-weeks low and traded down -8.11% from its 52-weeks high. If we look at its liquidity, it has a current ratio of $1.50.

     

  • Stocks to Watch even as Sentiment Points to Short-Term Market Correction

    Stocks to Watch even as Sentiment Points to Short-Term Market Correction

    The markets are mixed today, after yesterday’s huge slump. It was the largest slump in over two months and saw billions of dollars wiped off the market.

    Apple, which has been a top performer in recent months shed off over $150 billion in value. The massive drop in value is a combination of multiple factors. One of them is yesterday’s data that showed that the private sector was not adding jobs as quickly as most investors were expecting.

    This has reinforced a long-held believe that the stock markets at the moment do not reflect the true state of the U.S economy. This has created panic and could possibly see further correction until the government takes proactive measures to breathe new life into the economy.

    There is also the fact that analysts have started calling for caution. For instance, analysts at Citi have told their investors to focus more on the value of growth.

    This further affirms the fear that markets are overvalued at current prices. However, this does not mean that stock fundamentals are bad, only that at current prices, they are not justified. For instance, in just under 3 months, stocks like Apple and Tesla have gained by 30 to 50%.

    While they are fundamentally strong companies, there hasn’t been a major change in fundamentals that can justify this rally. Despite the fear and cautious optimism that have gripped the market, there are several stocks that are gaining upside momentum this morning. Some of the stocks that are gaining pre-market are as below:

    PolyMet Mining Corp [NYSE: PLM]

    PolyMet Mining Corp is a top performer this morning and is up by over 18%. This follows news that the court had found that the company’s water permit to have been issued in accordance with set procedures. In his ruling, the judge rejected allegations that the company took part in systemic efforts to hid administrative records.

    DPW Holdings Inc [NYSE: DPW]

    This is another top performer this morning and is up by over 40%. This follows the company’s announcement that its Coolisys Power business unit will be partnering with other companies to test its new electric vehicle. The tests will include charging solutions that have a range of 150 miles and can be fully charged in just 30 minutes. This is a big deal as the electric vehicle charging market is expected to hit a value of $27.7 billion by the year 2027.

    I-Mab [NASDAQ: IMAB]

    I-Mab is in the green this morning and is up by close to 10% pre-market. This follows the company’s announcement that it has entered into a strategic partnership with AbbVie for immune-oncology therapy. Under the deal, I-MAB will receive an upfront pay of $180 million.