HotPennyStockNews.com is devoted to fetch you the most exclusive stocks in the market today. Apart from scanning the markets for the most underrated stocks. We propel those victors directly to your email inbox first ahead of the rest of the marketplace gets a prospect.
Los Angelas, CA -- (SBWIRE) -- 10/18/2012 -- Shares of Apollo Group, Inc (NasdaqNM:APOL) are trading at $21.40 and is -24.73% from its 50-day Moving Average price of $28.4311 and -31.84% from its 200-day Moving Average price of $31.3981. The average trading volume is 1977980 shares and its market capitalization is $2.426B. Education provider Apollo Group, Inc ( APOL ) reported adjusted earnings (excluding special items) of 52 cents per share in the fourth quarter of fiscal 2012, comfortably surpassing the Zacks Consensus Estimate of 49 cents. However, lower revenues resulted in a 49% downslide from the prior-year earnings of $1.02 per share. Apollo reported net revenue of $996.5 billion in fourth quarter 2012, down 11.0% from prior year quarter due to decline in net revenue of University of Phoenix, owing to weak enrollment. The Zacks Consensus Estimate for the quarter was $1.01 billion. The University of Phoenix reported 13.8% fall in degreed enrollment to 328,400 students in fourth quarter 2012. New enrollment (or new degreed enrollment) at University of Phoenix declined 13.7% from the prior-year quarter to 52,800. The company had anticipated the decline in new enrollment. The decline was due to changing regulatory requirements, an improving job market, robust competition and a volatile economy.
Should Investor Wait to Buy APOL : FIND OUT HERE
Shares of Fortinet, Inc. (NasdaqNM:FTNT) are trading at $20.1407 and is -21.13% from its 50-day Moving Average price of $25.5357 and -17.56% from its 200-day Moving Average price of $24.4306. The average trading volume is 2557150 shares and its market capitalization is $3.187B. Fortinet, Inc.(NASDAQ:FTNT) stock plummeted 18.79% to $20.14 after the company reported a third quarter profit of $17.2 million, or $0.10 a share, from $17.9 million, or $0.11 a share, in the same quarter a year earlier. Adjusted earnings were up at $0.14 a share from $0.13 a share. Revenue increased 17% to $136.3 million. The company in July expected per-share earnings of $0.14 on revenue of $134 million to $137 million. Aditionally analysts have also recently issued reports about the stock. Analysts at Deutsche Bank cut their price target on shares of Fortinet from $32.00 to $30.00 in a research note to investors on Wednesday. They now have a “buy” rating on the stock.
How Should Investors React to FTNT Now? CLICK HERE
DayStar Technolog (NCM:DSTI) are trading at $1.50 and is -0.92% from its 50-day Moving Average price of $1.514 and +5.52% from its 200-day Moving Average price of $1.4216. The average trading volume is 29558 shares and its market capitalization is $3.3M. DayStar Technologies Inc.(NASDAQ:DSTI) shares declined 17.13% to $1.50 in the early hour after the company announced the purchase of solar projects from Avatar Solar of Simi Valley, California. DayStar’s acquisition is a first step and it’s for the Avatar Solar’s Hawaiian-based projects. This is a cash and equity deal that prices DayStar’s common equity at $2.00 per share. Total purchase price was $850,000.00.
Can DSTI Bounce Back? FIND NOW
Shares of Identive Group, I (NGM:INVE) are trading at $1.12 and is +30.45% from its 50-day Moving Average price of $0.8586 and -4.32% from its 200-day Moving Average price of $1.1706. The average trading volume is 204811 shares and its market capitalization is $67.2M. Identive Group, Inc.(NASDAQ:INVE) stock declined 11.63% to $1.14 after the company announced a new smart card reader for Apple mobile devices that allows iPad(R), iPhone(R) and iMac(R) users to authenticate themselves to secure networks, websites and payment systems using their smart chip-based IDs or credit cards. The initial version of the reader is targeted at the U.S. government and worldwide enterprise markets.
How Should Investors Trade INVE Now? CHECK HERE
Neither HotPennyStockNews.com nor its owners, operators, affiliates or anyone disseminating information on its behalf is registered as an Investment Advisor or broker dealer in any jurisdiction whatsoever and none of the information provided by HotPennyStockNews.com, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation. HotPennyStockNews.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through HotPennyStockNews.com. Investing in securities is speculative and carries a high degree of risk and no investment should be made unless you can afford to loose your entire investment. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature nies profiled. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein..
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-593-5640 (International)