Bearish Stocks: Rayonier Inc. (NYSE:RYN), American DG Energy (NYSEMKT:ADGE), New Concept Energy (NYSEMKT:GBR), Accelerate Diagnostics (NASDAQ:AXDX), Huttig Building Products (NASDAQ:HBP)

Technology Stocks News 19

Rayonier Inc. (NYSE:RYN) made a new 52-week low of $34.76 in the current trading session after RBC Capital lowered its ratings for the real estate investment trust from “Outperform” to “Sector Perform” in a report released earlier today. Rayonier Inc. (NYSE:RYN) stock performance was -26.75% in last session and finished the day at $35.55. Traded volume was 4.62million shares in the last session and the average volume of the stock remained 736.85K shares. The beta of the stock remained 0.83. Rayonier Inc. (NYSE:RYN) insider ownership is 0.50%.

American DG Energy Inc. (NYSEMKT:ADGE) announced that it has filed a prospectus supplement with the Securities and Exchange Commission for a proposed public offering of [up to $20 million of] its common stock. The Company intends to use the net proceeds for working capital purposes in connection with the development and installation of current and new energy systems, such as its cogeneration systems and chillers, and for general corporate purposes. American DG Energy Inc (NYSEMKT:ADGE) dropped -17.81 percent to $1.80 Monday on volume of 216,701.00million shares. The intra-day range of the stock was $1.60 to $2.12. American DG Energy Inc (NYSEMKT:ADGE) has a market capitalization of $89.67million.

In view of the unusual market activity in the common stock of New Concept Energy, Inc. (NYSEMKT:GBR), the Exchange has contacted the company in accordance with its usual practice. The company stated that its policy is not to comment on unusual market activity. New Concept Energy, Inc. (NYSEMKT:GBR)’s stock on June 30, 2014 reported a decrease of -13.80% to the closing price of $3.31. Its fifty two weeks range is $1.00 -$5.67. The total market capitalization recorded $6.44million. The overall volume in the last trading session was 244,680.00million shares. In its share capital, GBR has 1.95million outstanding shares.

The 2014 Annual Meeting of Stockholders of Accelerate Diagnostics, Inc. (NASDAQ:AXDX) was held on May 29, 2014. At the meeting, Lawrence Mehren, Mark C. Miller, John Patience, Jack Schuler, Matthew W. Strobeck, Ph.D. and Frank J.M. ten Brink were elected as directors, each to hold office until the Company’s next Annual Meeting of Stockholders or until his successor is elected and qualified. A proposed amendment to the Company’s 2012 Omnibus Equity Incentive Plan increasing the number of shares of the Company’s common stock reserved and available for grant thereunder by 4,000,000 shares and the Audit Committee’s appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2014 were also approved and ratified, respectively, at the meeting. On Monday, shares of Accelerate Diagnostics Inc (NASDAQ:AXDX) dropped -13.56% to close the day at $26.00. Company monthly performance is recorded as 9.11%. Accelerate Diagnostics Inc (NASDAQ:AXDX) quarterly revenue growth is 19.21%.

“We are pleased to join the Russell Microcap Index. This achievement is indicative of our improved financial performance after emerging from the housing recession,” said Jon Vrabely, Huttig’s President and CEO. Huttig Building Products Inc (NASDAQ:HBP) stock performance was -13.39% in last session and finished the day at $4.72. Traded volume was 61,397.00million shares in the last session and the average volume of the stock remained 15.95K shares. The beta of the stock remained 1.84. Huttig Building Products Inc (NASDAQ:HBP) insider ownership is 9.10%.

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