Industrial Goods Gainers: Ballard Power Systems (NASDAQ:BLDP), ExOne Co (NASDAQ:XONE), The Gorman-Rupp Company (NYSEMKT:GRC), Metalico (NYSEMKT:MEA)

Posted by on Jun 24, 2014

On June 19, 2014, Ballard Power Systems Inc. (USA) (NASDAQ:BLDP), is continuing its winning streak as it announced an agreement with Chinese renewable energy company, Azure Hydrogen. The deal is estimated to be valued around $6 million, and is related to assembly licenses for backup-power systems in the Chinese telecom market. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP), net profit margin is -24.60% and weekly performance is 25.59%. On last trading day company shares ended up $4.27. Analysts mean target price for the company is $3.92. Ballard Power Systems Inc. (USA) (NASDAQ:BLDP), distance from 50-day simple moving average (SMA50) is 19.17%.
Brean Capital began coverage on shares of ExOne Co (NASDAQ:XONE), in a report released on Wednesday, TheFlyOnTheWall.com reports. The firm issued a hold rating on the stock. ExOne Co (NASDAQ:XONE), advanced 8.42% in last trading session and ended the day on $34.75. XONE, Gross Margin is 36.90% and its return on assets is -7.00%. ExOne Co (NASDAQ:XONE), quarterly performance is -4.06%.

On June 3, 2014, The Gorman-Rupp Company (NYSEMKT:GRC), announces that its wholly- owned subsidiary, National Pump Company (“NPC”), has completed its purchase of the business of Bayou City Pump, Inc. (“BCP”) based in Houston, Texas. During 2013, BCP had approximately $16 million in revenue from sales of its products and services through its Houston, Texas headquarters and its service facility location in Baton Rouge, Louisiana. The terms of the asset purchase agreement are undisclosed. The Gorman-Rupp Company (NYSEMKT:GRC), shares moved up 9.11% in last trading session and was closed at $39.18, while trading in range of $36.05 – 39.36. The Gorman-Rupp Company (NYSEMKT:GRC), year to date (YTD) performance is 17.87%.

Metalico, Inc. (NYSEMKT:MEA), Director Bret R. Maxwell sold 45,700 shares of Metalico stock on the open market in a transaction dated Thursday, June 12th. The shares were sold at an average price of $1.16, for a total value of $53,012.00. Metalico, Inc. (NYSEMKT:MEA), ended the last trading day at $1.25. Company weekly volatility is calculated as 4.75% and price to cash ratio as 12.06. Metalico, Inc. (NYSEMKT:MEA), showed a positive weekly performance of 8.70%.

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