New York, NY -- (SBWIRE) -- 10/03/2013 -- 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 a special trend analysis of the following stocks: ICG Group Inc. (NASDAQ:ICGE), U.S. Silica Holdings Inc (NYSE:SLCA), Rexahn Pharmaceuticals, Inc. (NYSEMKT:RNN), HDFC Bank Limited (ADR) (NYSE:HDB)
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ICG Group Inc. (NASDAQ:ICGE) shares are advancing in the current trading session, following the news that Accenture PLC has decided to acquire ICG Group’s Procurian Inc. unit in a transaction valued at about $375 million. Separately, ICG Group also reported that its board has granted permission for a further $100 million of stock buybacks that would bring its share repurchase approval to $150 million. ICGE has a market capitalization of $586.47 million and P/E ratio of 25.24.
What was the Moving Force behind ICGE’s Bullish Run? Read This Research Report on ICGE
U.S. Silica Holdings Inc (NYSE:SLCA) rose 4.46 percent to $27.39 today, on volume of 1.87 million shares. Morgan Stanley issued a price target of $36 per share for the silica sand supplier company’s stock, in a research note written to investors on Thursday. SLCA stock has a 52-week range of $12.37 to $28.52. The company has a market capitalization of $1.46 billion and P/E ratio of 18.63.
Will SLCA Continue To Move Higher? Find Out Here
Rexahn Pharmaceuticals, Inc. (NYSEMKT:RNN) shares are currently trading at $0.503 on volume of 3.21 million shares. The 52-week range of the stock is $0.28 to $0.66. RNN is a development-stage biopharmaceutical firm with main focus on the development of therapies for cancer patients across the globe. The company has a market capitalization of $60.13 million.
Is RNN a Solid Investment at These Levels? Read This Report For Details
HDFC Bank Limited (ADR) (NYSE:HDB) rose 4.74 percent to $33.38 today, on traded volume of 874,781 shares. The 52-week range of the stock is $26.62 to $43.81. HDB shares have performed well during the past few weeks. The stock jumped about 21 percent in the last one month. The company has a market capitalization of $26.48 billion and P/E ratio of $26.80.
What HDB’s Charts Are Signaling for Traders? Find Out Here
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