Worth Watching Stocks – Plug Power Inc (NASDAQ:PLUG) , ShoreTel (NASDAQ:SHOR) , Cyan Inc (NYSE:CYNI) , Sevcon Inc (NASDAQ:SEV)

Technology Stocks News 20

Plug Power Inc (NASDAQ:PLUG) on July 10 announced it had participated in the recent grand opening of Ace Hardware’s first all hydrogen material handling fleet at the company’s newly constructed Wilmer, Texas warehouse. In addition, Ace has ordered further GenDrive units for another distribution center being built in West Jefferson, Ohio. Plug Power Inc (NASDAQ:PLUG) stock performance was -1.65% in last session and finished the day at $4.77. Traded volume was 22.34million shares in the last session and the average volume of the stock remained 18.77million shares. The beta of the stock remained 1.31. Plug Power Inc (NASDAQ:PLUG) insider ownership is 0.50%.

ShoreTel Inc (NASDAQ:SHOR), the leading provider of brilliantly simple phone systems and unified communications (UC) solutions, was amongst the select companies that Forrester Research, Inc. invited to participate in its report titled “The Forrester Wave™: On-Premises Unified Communications and Collaboration, Q2 2014”. In this evaluation, ShoreTel was cited as a “strong performer” and some of its top scores were for speed of deployment, quality of experience, and product road map.ShoreTel Inc (NASDAQ:SHOR) closed to $6.06 Wednesday on volume of 510,765.00million shares. The intra-day range of the stock was $6.00 to $6.17. ShoreTel Inc (NASDAQ:SHOR) has a market capitalization of $378.90million.

Cyan (NYSE:CYNI), a leading provider of SDN, NFV, and packet-optical solutions for network operators, today announced that it will release its financial results for its second quarter ended June 30, 2014 after the U.S. markets close on Monday, August 11, 2014. Company management will host a conference call to discuss the results that day at 2:00 p.m. Pacific time. Cyan Inc (NYSE:CYNI)’s stock on July 16, 2014 reported a increase of 1.31% to the closing price of $3.88. Its fifty two weeks range is $3.18 -$11.29. The total market capitalization recorded $181.52million. The overall volume in the last trading session was 112,971.00million shares. In its share capital, CYNI has 46.79million outstanding shares.

On 27 June 2014, Sevcon Inc (NASDAQ:SEV) said it would raise $10 million in a rights offering to current stockholders and use the proceeds for general corporate purposes; it needs to add workers in engineering and sales and wants funds available for acquisitions. Rights offerings typically allow shareholders to buy additional shares at a lower price than the public gets. It also lets them maintain their proportions of ownership despite the additional shares. On Wednesday, shares of Sevcon Inc (NASDAQ:SEV) advanced 2.77% to close the day at $8.43. Company return on investment (ROI) is -6.70% and its monthly performance is recorded as -0.24%.  Sevcon Inc (NASDAQ:SEV) quarterly revenue growth is -25.00%.

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