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Initiating Research Reports on Electronics Equities -- Silicon Motion Technology, MicroVision, Plug Power, and Uni Pixel
[August 09, 2017]

Initiating Research Reports on Electronics Equities -- Silicon Motion Technology, MicroVision, Plug Power, and Uni Pixel


NEW YORK, August 9, 2017 /PRNewswire/ --

If you want a Stock Review on SIMO, MVIS, PLUG, or UNXL then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has issued research reports on Silicon Motion Technology Corp. (NASDAQ: SIMO), MicroVision Inc. (NASDAQ: MVIS), Plug Power Inc. (NASDAQ: PLUG), and Uni-Pixel Inc. (NASDAQ: UNXL). Diversified Electronics companies are engaged in the design, development, production, and sale of a wide array of electronic products. This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:

http://dailystocktracker.com/register/


Silicon Motion Technology
 

Kowloon, Hong Kong based Silicon Motion Technology Corp.'s stock finished Tuesday's session 0.45% lower at $42.38. A trading volume of 310,738 shares was traded. The Company's shares are trading below their 200-day moving average by 6.55%. Shares of the Company, which together with its subsidiaries, designs, develops, and markets semiconductor solutions for the mobile storage and mobile communications markets worldwide, have a Relative Strength Index (RSI) of 38.17.

On August 01st, 2017, Silicon Motion Technology announced that its Board of Directors has authorized a new program for the Company to repurchase up to $200 million of its ADS over a 12-month period. Separately, the executive officers have notified the Company that they intend to purchase $2.5 million of its ADS.

On August 02nd, 2017, research firm Lake Street reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $56 a share to $50 a share. Visit us today and access our complete research report on SIMO at:

http://dailystocktracker.com/registration/?symbol=SIMO


MicroVision 

Shares in Redmond, Washington headquartered MicroVision Inc. ended at $2.46, down 2.38% from the last trading session. The stock recorded a trading volume of 428,553 shares. The Company's shares have gained 7.89% in the last one month, 7.42% in the previous three months, and 95.24% on an YTD basis. The stock is trading 13.42% above its 50-day moving average and 35.54% above its 200-day moving average. Moreover, shares of MicroVision, which develops PicoP scanning technology that provides high-resolution miniature projection, and three-dimensional sensing and image capture solutions in the US, have an RSI of 61.78.  

On August 03rd, 2017, MicroVision announced its financial and operating results for Q2 2017. Revenue for the three months ended June 30th, 2017 was $1.5 million, operating loss was $5.5 million, and net loss was $5.5 million. As of June 30th, 2017, backlog was $21.5 million and cash and cash equivalents were $17.7 million. The complimentary report on MVIS can be downloaded at:

http://dailystocktracker.com/registration/?symbol=MVIS


Plug Power 

Latham, Ne York headquartered Plug Power Inc.'s stock ended yesterday's session 8.82% lower at $2.17. A total volume of 10.94 million shares was traded, which was above their three months average volume of 5.76 million shares. The Company's shares have advanced 6.90% in the past month, 3.83% over the previous three months, and 80.83% on an YTD basis. The stock is trading 2.23% and 32.07% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Plug Power, which engages in the design, development, commercialization, and manufacture of hydrogen fuel cell systems primarily for the material handling and stationary power markets in the US, have an RSI of 48.17.

On July 25th, 2017, research firm FBR & Co. reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $3 a share to $3.50 a share.

On July 26th, 2017, Plug Power announced that it has amended its loan facility with NY Green Bank to increase the size of the total commitment from $25 million to $45 million. The maturity of the facility will remain at December 2019. As with the existing facility, the up-sized facility will be repaid primarily as the Company's various restricted cash reserves are released over the term of the facility. Register for free on DailyStockTracker.com and access the latest research report on PLUG at:


http://dailystocktracker.com/registration/?symbol=PLUG


Uni Pixel 

On Tuesday, shares in Santa Clara, California headquartered Uni-Pixel Inc. recorded a trading volume of 401,488 shares. The stock finished 3.05% lower at $0.32. The Company's shares are trading below their 50-day moving average by 21.09%. Furthermore, shares of Uni-Pixel, which designs, develops, manufactures, and markets micro-structured polymer film materials and related technologies for the display, flexible electronics, and automotive industries in the US, have an RSI of 25.20.

On August 01st, 2017, Uni-Pixel announced that it has scheduled a conference call on August 10th, 2017, at 4:30 p.m. ET to discuss its financial results for Q2 FY17 ended June 30th, 2017. Financial results will be issued in a press release prior to the call. A live Internet webcast will be available under the investor section of the Company's website. Get free access to your research report on UNXL at:

http://dailystocktracker.com/registration/?symbol=UNXL

--

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