Stamford, CT -- (SBWIRE) -- 12/04/2013 -- Jet Life Penny Stocks is engaged in providing the most up to date and useful information on the Best Penny Stocks that are poised to breakout. Our penny stock newsletter alerts the market with picks that Wall Street stock traders have ignored or haven’t found out about yet. Here are some of the most awesome penny stocks we came up with that the ‘underground penny stock experts’ are always bragging about in their penny stock newsletters. Have a look on today’s market movers: Formcap Corp (OTCMKTS:FRMC), MTN Group Ltd (ADR) (OTCMKTS:MTNOY), Cellceutix Corp (OTCMKTS:CTIX), HEMP, INC. (OTCMKTS:HEMP)
Formcap Corp (OTCMKTS:FRMC) ended higher +16.67 percent from its previous close of $0.90 and complete the day at $1.05. The total number of shares changed hands during the day was 485,087. After opening at $0.97, the stock hit as high as $1.10. However, it traded between $0.01 and $1.10 over the last twelve months.
Stocks graphical chart shows a bullish trend during its last one month’s trading session. It remained positive 950% during the previous three months trade. FormCap Corp., a development stage company, focuses on the identification and development of oil and gas energy resource properties in North America. The company was formerly known as Gravitas International, Inc. and changed its name to FormCap Corp. in October 2007. FormCap Corp. was founded in 1991 and is based in Reno, Nevada.
For How Long FRMC will Fight for Profitability? Read This Trend Analysis report
MTN Group Ltd (ADR) (OTCMKTS:MTNOY) closed yesterday at $18.60, a -4.02% decrease. Around 69,313 shares were traded, beating an-average trading volume of 60,859 shares. The company is now valued at around $36.30 billion. The stock opened the session at $18.69 and touched its highest price point at $18.73.
MTNOY’s lowest price point for the session stood at $18.43 and its 52 week price range stood at $16.28 - $21.49. MTN Group Limited provides voice and data communications products and services to individuals and businesses. The company offers voice services, including prepaid and postpaid airtime through second generation and third generation networks, interconnection services to other telecoms networks, and international roaming and teleconferencing facilities, as well as various community payphone models.
Has MTNOY Found The Bottom And Ready To Gain Momentum? Find Out Here
Cellceutix Corp (OTCMKTS:CTIX) moved -3.14 percent lower at $1.54 and traded between $1.53 and $1.62 after opening the day at $1.61. Its performance over the last five days remained -5.52%, which stands at -15.75% for a month. Going back further than one month, 1-year performance after recent close was -15.85%.
The company has a total of 118.70 million outstanding shares and its total market capitalization is $182.80 million. Its beta value stands at 0.20 times and earnings per share was -$0.04. Cellceutix Corporation, a development stage biopharmaceutical company, engages in the discovery and development of small molecule drugs to treat diseases primarily in the areas of cancer and inflammatory disease. Its product candidates include Kevetrin, which is in Phase 1 trial for various solid tumor cancer types in patients with advanced-stage cancers; and various preclinical stage products comprising KM-133 for the treatment of psoriasis; KM 391 for the treatment of autism.
Why Should Investors Buy CTIX After the Recent Fall? Just Go Here and Find Out
HEMP, INC. (OTCMKTS:HEMP)’s shares dropped, -5.83 percent from its previous close of $0012 to close at $0.0113. The stock is down around -62.33% this year and -73.1% for the last 12 months. Around 15.97 million shares changed hands yesterday, higher from an-average trading volume of 8.75 million shares. Hemp, Inc. focuses on supplying services, products, and information related to the medical marijuana industry or to those who have an affinity for the medical marijuana industry. The company is designing a Website to offer news, issues, entertainment, and education on medical cannabis issues; developing proprietary software for transaction processing, MIS, loyalty program, and social network management.
Will HEMP Get Buyers Even After The Recent Rally? Find Out Here
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