Las Vegas, NV -- (SBWIRE) -- 08/17/2013 -- Value Stock Pick is a leading Investment Newsletter. Our Research Team conducts research on different stocks, doing their due diligence to provide a detailed report, including both technical and fundamental analysis, on NYSE, NASDAQ, AMEX, OTCBB and Pink Sheet Stocks. Let’s have a brief look at: SafeStitch Medical Inc (OTCBB:SFES), Torchlight Energy Resources Inc (OTCMKTS:TRCH), FUSE SCIENCE, INC (OTCMKTS:DROP), First Mariner Bancorp (OTCBB:FMAR)
SafeStitch Medical Inc (OTCBB:SFES) gained 10%, trading on 150,921 shares, to end the trade at $0.880. If we look at its trading history of the past 52 weeks, the share price suffered a low of $0.21 and was moved to the maximum level of $1.49. The stock changed hands in a range of $0.76 to $0.95, bringing its market capitalization to about $54.30 million. SafeStitch Medical, Inc. (SFES), announced that it has entered into a definitive agreement to merge with TransEnterix, Inc., a privately-held, medical device company with advanced technology in the use of flexible devices and robotics for minimally invasive surgery.
For How Long SFES will fight for Profitability? Read This Trend Analysis report
Torchlight Energy Resources Inc (OTCMKTS:TRCH) to complete the trading session at $3.00, with a total volume of 43,665 shares. The stock, on average, trades on a volume of 22,966 shares. In the past 52 weeks, the share price has not declined below $1.14 and above $3.35. It floated in a range of $2.80 to $3.02 during the last trading session, with a beta value of 31.86. Its market capitalization now moved to about $40.69 million. Torchlight Energy Resources, Inc., an exploration stage company, engages in the acquisition, exploration, exploitation, and development of oil and natural gas properties in the United States. It holds interest in the Marcelina Creek Field Development, an oil, gas, and mineral lease covering approximately 1,045 acres in Wilson County, Texas; and the Coulter Field covering approximately 940 acres of oil, gas, and mineral leases in Waller County, Texas.
Can Investors Bet on TRCH after this News update? Find out in this Research Report
FUSE SCIENCE, INC (OTCMKTS:DROP) recorded a fall of -1.23% and was in a range of $0.08-$0.08 before closing at $0.0800. The share price hit its 52-week low of $0.07 and $0.28 was the best price. The stock completed the day with a total volume of 1.64 million shares, versus an average volume of 820,357 shares. Fuse Science, Inc. (DROP) (www.fusescience.com), a consumer products and delivery technology company that is developing new, patent-pending technologies poised to redefine how consumers receive energy, medicines, vitamins and minerals announced announced their financial results for its fiscal 2013 third quarter ended June 30, 2013.
Has DROP Found The Bottom and Ready To Move Up? Find Out Here
First Mariner Bancorp (OTCBB:FMAR) declined -9.36% yesterday, bringing its market capitalization around $36.26 million. The total number of shares that changed hands during the session was 68,375shares, as compared to average trading volume of 61,835 shares. The share price, after opening at $1.96, made a high of $2.00 and hovered above $1.83 to end the day at $1.84. First Mariner Bancorp operates as a bank holding company for First Mariner Bank that offers commercial banking and financial products and services to individuals, and small and mid-sized businesses in central and eastern Maryland. It operates through two segments, Commercial and Consumer Banking, and Mortgage-Banking.
Has FMAR Found The Bottom And Ready To Gain Momentum? Find Out Here
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