Real Goods Solar, Inc. (NASDAQ:RGSE) [Trend Analysis] tries to capture market sentiments, shares jumped up 11.25% to $2.22. RGS Energy (RGSE) provided a business update following its recently completed offerings that raised total net proceeds of $16.0 million. The company declared updated pro forma unaudited results that include the additional capital and debt repayments as if completed on December 31, 2016.
“Since our last business update, we successfully took advantage of capital market opportunities and raised additional financial capital,” said Dennis Lacey, CEO of RGS Energy. “As planned, we are now Nasdaq compliant. We also have a much stronger balance sheet which is debt-free. Our focus is on executing our growth strategy. For this purpose, we have recently expanded our sales organization, including our on the ground field sales teams and our call center based sales team. We will continue to expand our sales organization this year. Additionally, we are currently competing for solarize programs across the East Coast.”
“Last year, our financial position made it challenging to win solarize programs,” added Lacey. “This year, however, we expect that our much stronger financial position will enable us to be the chosen installer for solarize programs.” (What Market Forces Produce Volatility in NASDAQ:RGSE Share? Find Free Report Here)
As for as concerns shares volumes, in share of capital Real Goods Solar, Inc. (NASDAQ:RGSE) has 4.47 million outstanding shares among them 4.08 million shares have been floated in market exchange. RGSE institutional ownership remained 3.70%. The firm attains analyst recommendation of 3.00 with week’s performance of -11.89%
Honeywell International Inc. (NYSE:HON) [Trend Analysis] shows fluctuation in active trade, on Friday shares dropped -0.30% to $123.79. Honeywell (HON) reported that 320 students from 45 countries and 27 U.S. states and territories will attend the Honeywell Leadership Challenge Academy this year. As part of the leadership program, Honeywell will host students for two consecutive, weeklong programs, Feb. 25 through March 10, 2017, at the U.S. Space & Rocket Center (USSRC) in Huntsville, Ala.
The Honeywell Leadership Challenge Academy aims to encourage excitement and engagement around Science, Technology, Engineering and Math (STEM) subjects for students between the ages of 16-18. The program is packed with hands-on activities such as building and testing rockets, simulated astronaut training, shuttle missions, and a moon walk. The program is designed to educate students on the importance of STEM in an ever-changing, connected world.
Ashley Fitzpatrick, a student from New Mexico who attended the Academy in 2016 and is returning this year as a student ambassador, said- “We build and launch model rockets and learn that there are so many different types of engineering fields to pursue. It’s a growing field with a high demand for men and women. That really opened my eyes. What’s really great is that the program combines science and engineering with friendship and fun.”
The 52-week high of the share price is -0.54% and 52-week low of the share price is 24.26%. Current stock price is in the upbeat territory taking into account of 20 days moving average with 3.29% and continued bullish run for 50 days moving average with 4.83%.
Moving toward technical analysis, the current ratio, or the liquidity ratio of a company was calculated 1.40 as compared to its debt to equity ratio stands at 0.81. To take look on ration of tradable shares being shorted in market, float short ration was 0.43%, as compared to sentiment indicator; Short Ratio was 1.00. Taking notice in average true range, it was 1.20.
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