TopStockPlays.com bringing you the most comprehensive analysis of CERP, DOW, DD, HUN
Pompano Beach, FL -- (SBWIRE) -- 01/24/2013 -- Cereplast, Inc. (PINK:CERP), an El Segundo bioplastics manufacturer, announced Wednesday it is decreasing its workforce, giving some employees vacations and adding new revenue.
The firm is decreasing its international headcount to 17. Cereplast had 46 workers, in accordance with its 2011 yearly report filed in April last year. Its cost-trimming measures comprise a furlough for production workers.
What CERP’s Charts Are Signaling for Traders? Find Out Here
The firm, which supplies resin used to make environmentally friendly plastic packaging, is presently streamlining its operations following current losses. Cereplast in November posted a Q3 net loss of almost $10 million as compared to a loss of $3.6 million during the similar quarter the prior year.
At the current trading session, Cereplast, Inc. (PINK:CERP) shares are up +8.25% to $0.0315 while the stocks are trading within the range of $0.0230 – $0.0344. In the past year, the stock has traded within a range of $0.01 – $1.25. Average daily trading volume is 5.05 million shares.
Will CERP Continue To Move Higher? Find Out Here
If we look at a few other stocks within industry, The Dow Chemical Company, E I Du Pont De Nemours And Co and Huntsman Corporation are in the top volume leaders. Let’s have a quick look on their Market performance.
The Dow Chemical Company (NYSE:DOW) shares are up +1.32% to $34.53 while the stock is trading within the range of $34.17 – $34.53 in the current trading session. In the last 12 months the shares have traded between $27.45 and $36.08. The average daily trading volume is 7.39 million shares.
Why Should Investors Buy DOW After The Recent Gain? Just Go Here and Find Out
E I Du Pont De Nemours And Co (NYSE:DD) shares in the current session moved up +1.66% reaching $48.29. The stocks are trading in a range of $47.61 – $48.37. In the last year the stock has moved within a range of $41.67 – $57.50. The Company’s average daily trading volume is 6.04 million shares.
For How Long DD will Fight for Profitability? Read This Trend Analysis report
Another rival company, Huntsman Corporation (NYSE:HUN), is trading up +0.17% to $18.21. Intraday trading recorded the stock price in a range of $18.15 to $18.47. In the previous 52 weeks the stock’s price ranged between $10.98 and $18.47. Their average daily trading volume is 3.81 shares.
What was the Moving Force behind HUN On Bullish Run? Read This Research Report
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