Active Movers in Hot Line: Real Goods Solar (NASDAQ:RGSE), General Mills (NYSE:GIS)

Real Goods Solar, Inc. (NASDAQ:RGSE) [Trend Analysis] plunged reacts as active mover, shares a decrease -23.53% to traded at $0.39 and the percentage gap between open changing to regular change was -19.61%. RGS Energy (RGSE) revealed that it commenced a public offering of units consisting of its Class A common stock, par value $001 per share, and Series I Warrants to purchase shares of Common Stock. Roth Capital Partners will serve as exclusive placement agent in the offering on a “best efforts” basis.

The offering is being conducted pursuant to a prospectus supplement and an accompanying prospectus filed as part of an effective shelf registration statement filed with the U.S. Securities and Exchange Commission.

Prospective investors should read the prospectus supplement and the accompanying prospectus and the other documents that RGS Energy has filed with the SEC for more complete information about RGS Energy and the offering. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the offering are accessible free of charge on the SEC’s website at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus may also be obtained from the offices of Roth Capital Partners LLC at 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660. The firm’s current ratio calculated as 0.80 for the most recent quarter. The firm past twelve months price to sales ratio was 0.24 and price to cash ratio remained 3.84. As far as the returns are concern, the return on equity was recorded as 477.80% and return on investment was 8417% while its return on asset stayed at -100%.

General Mills, Inc. (NYSE:GIS) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.16% to $61.03. General Mills (GIS) released that a new global organizational structure. The company is eliminating the position of International Chief Operating Officer. Effective January 1, 2017, four business groups will report directly to Harmening, each led by a Group President. The new structure is expected to impact about 400-600 positions world-wide.

As previously released, Jeff Harmening, President and Chief Operating Officer has assumed global operations responsibilities reporting to Chairman and CEO Ken Powell. As part of this new structure, the company is eliminating the position of International Chief Operating Officer.

Effective January 1, 2017, four business groups will report directly to Harmening, each led by a Group President: North America Retail (U.S. Retail & Canada) led by Jon Nudi; Europe & Australia led by Bethany Quam; Asia & Latin America led by Christina Law; Convenience Stores & Foodservice led by Shawn O’Grady. The share price of GIS attracts active investors, as stock price of week volatility recorded 1.17%. The stock is going forward to its 52-week low with 16.49% and lagging behind from its 52-week high price with -15.49%.

 

About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

Leave a Reply

Your email address will not be published. Required fields are marked *