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Los Angelas, CA -- (SBWIRE) -- 09/06/2012 -- Digital Domain Me (NYSE:DDMG) is very active today and traded between $0.8605 - 1.41 with total traded volume of 3584059 shares. At a current price of 0.98, DDMG is -0.43 - -30.50% from the previous close of $1.41. Moreover, At Current Market Price, DDMG is in distance of -74.54% from its 50-day Moving Average price of $3.8497 and -83.04% from its 200-day Moving Average price of $5.777. On September 5, 2012, Digital Domain Media Group, Inc. (the "Company") issued a press release disclosing the Company's receipt of a limited forbearance from each of its senior lenders. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K. The company's 2011 annual report showed $95M in revenue, $93M cost of revenue and $63M selling and administrative expenses. The company reported a $75M operating income loss. Net income came in at negative $140M on adjusted EBITDA of negative $22M.
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EPICEPT CORP (Other OTC:EPCT) is -0.01 - -7.14% from the previous close of $0.14. It traded between $0.1279 - 0.13 with total traded volume of 171386 shares. At Current Market Price, EPCT is in distance of -8.63% from its 50-day Moving Average price of $0.1423 and -30.19% from its 200-day Moving Average price of $0.1862. EpiCept Corporation Announced today it has received notice of termination, effective as of August 28, 2012, of its License and Collaboration Agreement with Myrexis, Inc. Among the compounds that had been licensed to Myrexis under the terminated agreement was EpiCept's anti-cancer drug candidate Azixa.
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Francesca's Holdi (NasdaqNM:FRAN) is very active today and traded between $29.63 - 33.68 with total traded volume of 9611957 shares. At a current price of 29.915, FRAN is -6.155 - -17.06% from the previous close of $36.07. Moreover, At Current Market Price, FRAN is in distance of -6.89% from its 50-day Moving Average price of $32.1303 and +5.43% from its 200-day Moving Average price of $28.3752. On the downside, Francesca's Holdings (FRAN) plunged 17% with torrid volume. The stock fell more than 8% below a 32.69 buy point from a cup-with-handle base, setting off the most mandatory of all sell signals. Francesca's was up as much as 13% past that buy point just yesterday.
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Hi-Tech Pharmacal (NasdaqNM:HITK) is very active today and traded between $30.20 - 32.89 with total traded volume of 980819 shares. At a current price of 32.77, HITK is -3.77 - -10.32% from the previous close of $36.54. Moreover, At Current Market Price, HITK is in distance of -4.38% from its 50-day Moving Average price of $34.2697 and -2.37% from its 200-day Moving Average price of $33.5657. For the quarter, Hi-Tech's revenue dipped by 7% to $52 million with the company reporting a steep 58% drop in net income to $0.44.Strong unit sales of Fluticasone Propionate nasal spray offset lower – were offset by lower average prices that resulted in sales of $22 million in the quarter down from $26.2 million in the previous year.
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