Methode Electronics Inc. (NYSE:MEI) Jumps About 10% - MEI, BIOL, LNG, SIMO

Lakeway, TX -- (SBWIRE) -- 02/06/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Methode Electronics Inc. (NYSE:MEI) increased 9.64% and the last traded price was $11.71. One of the divisions of Methode Electronics Inc., Methode Electronics Power Solutions Group will exhibit at the upcoming Applied Power Electronics Conference held February 5 to 9, 2012, in Orlando, Florida. The Company designs, manufactures and markets devices employing electrical, radio remote controls, electronic, wireless and sensing technologies.

Is MEI after A Solid Pop Up? Find Out Here

BIOLASE Inc. (NASDAQ:BIOL) augmented 9.69% and the last traded price was $2.83. The Company announced two key appointments to its senior management team. Samir Chowdhury, Ph.D., has been appointed General Manager. Colleen Boswell, a senior executive with experience in quality and regulatory compliance in high growth medical device companies has been appointed Vice President, Regulatory Affairs.

How Should Investors Trade BIOL After The recent Earnings Report? Find Out Here

Cheniere Energy, Inc. (NYSEAMEX: LNG) increased 2.72% and closed at $21.89 at a traded volume of 2.05 million shares. The 52 week range of the stock is $10.51 and $21.97. The Market Cap of the Company is 4.89 billion. The Price/Sales ratio and Price/book ratio is 16.39 and 7.45 respectively. The 50-Day Moving Average and 200-Day Moving Average of the Company is $19.97 and 16.53 respectively.

Why Should Investors Consider Buying LNG Now? Find Out Here

Silicon Motion Technology Corp. (ADR) (NASDAQ:SIMO) increased 2.67% and closed at $14.99 at a traded volume of 1.66 million shares. The Market Cap of the Company is 485.50 million. The price to Earnings ratio is 12.68. The Company reported results for the fourth quarter of 2012 and full year of 2012. The Company reported revenue of $70.6 million for fourth quarter of 2012 and $281.3 million for fiscal 2012.The Company announced its estimates for first quarter of 2013.It expects revenue to be down 15% to 25% sequentially. For fiscal 2013, it expects revenue to be up 10% to 20% compared with fiscal 2012.

Is SIMO Still a Buy After The Recent momentum? Find Out Here

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