Quantum Fuel (NASDAQ:QTWW) Top Management Personals Quits Suddenly – QTWW, DLPH, SATC, DAN

  on May 14,2012 Posted in Featured ,Investment Ideas
Share |
We're on   

President and Chief Executive of Quantum Fuel Systems Technologies (NASDAQ:QTWW) Alan P. Niedzwiecki and Chairman Dale L. Rasmussen have quitted suddenly from their relevant post at the alternative-energy corporation.

The company reported that Chief Financial Officer W Brian Olson would perform duties as temporary Chief Executive Officer, while corporate Controller Bradley J. Timon would serve as acting chief financial officer.

Quantum Fuel did not detailed on the resignations in its report and the spokesperson of the company was not available for remark.

Delphi Automotive PLC (NYSE:DLPH) fell -0.24% to settle at $28.72, SatCon Technology Corporation (NASDAQ:SATC) moved down -1.53% to end at $0.353 while Dana Holding Corporation (NYSE:DAN) advanced +0.07%to finish on Friday at $13.90.

Quantum Fuel Systems Technologies (NASDAQ:QTWW) on MAY 11, 2012 it decreased -31.74% to the closing price of $0.415. The overall volume in the last trading session was 4.76 million shares. Its fifty two week range was $0.41-$6.29. The total market capitalization remained $11.07 million.

QTWW is down its 52 week low with -23.15% and lagging behind from its 52 week high price with -93.40%. QTWW last month stock price volatility remained 10.54%. In its share capital QTWW has 47.08 million outstanding shares among them 43.71 million shares have been floated in market exchange. QTWW stock institutional ownership remained 26.37% while insider ownership included 7.52%.

The stock price of QTWW is moving down from its 20 days moving average with -34.23% and remote negatively from 50 days moving average with -43.64%. QTWW current quarter performance remained -62.95%. Company’s beta coefficient included 1.03. Beta factors measures the amount of market risk associated with market trade.



Leave a Reply