New York, NY -- (SBWIRE) -- 10/02/2013 -- King Penny Stocks is an elite financial community for investors and traders alike who are looking to potentially gain financial freedom through the markets on undervalued companies and “in-play” momentum penny stocks. Today We bring special trend analysis of following stocks: GTx, Inc. (NASDAQ:GTXI) , StemCells Inc (NASDAQ:STEM) , China Sunergy Co Ltd (NASDAQ:CSUN), FleetMatics Group PLC (NYSE:FLTX)
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GTx, Inc. (NASDAQ:GTXI) plummeted 14.10 percent to $1.62, on traded volume of 1.83 million shares. The biopharmaceutical company notified 53 employees yesterday that they will be laid off as the firm is looking forward to cut costs following unsuccessful drug tests announced back in August. GTXI stock has a 52-week range of $1.31 to $7.24. The stock tumbled about 24 percent in the last five days that has raised investors concern.
Why Should Investors Buy GTXI After the Recent Fall? Just Go Here and Find Out
StemCells Inc (NASDAQ:STEM) fell in the current trading session after it priced an underwritten public offering of 11.17 million shares at $1.45 each share. The company is anticipating gross proceeds of about $16.2 million. It has also given a 30 day option to the underwriters to buy an additional 1,675,500 shares. STEM has a market capitalization of $59.66 million.
Is STEM a Solid Investment at These Levels? Read This Report For Details
China Sunergy Co Ltd (NASDAQ:CSUN) is currently trading at $5.24 on volume of 1.26 million shares. The 52-week range of the stock is $1.03 to $6.95. CSUN shares performed exceptionally well during the last few weeks. The stock jumped about 107 percent in the past one month. The company has a market capitalization of $7.77 million.
What CSUN’s Charts Are Signaling for Traders? Find Out Here
FleetMatics Group PLC (NYSE:FLTX) plummeted 4.91 percent to $33.90, on traded volume of 1.59 million shares, in the current trading session. The 52-week range of the stock is $19.20 to $52.28. FLTX shares have been declining from the past few weeks. The stock plummeted approx. 31 percent during the last one month that has raised investors concerns. The company has a market capitalization of $1.20 billion.
Where FLTX is Headed Exactly? Find out in This Trend Analysis Reports
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