Boston, MA -- (SBWIRE) -- 09/03/2013 -- At winstonsmallcap.com we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. Let have a Look on: (RF Micro Devices, Inc. (NASDAQ:RFMD), PennyMac Mortgage Investment Trust(NYSE:PMT), Capstone Turbine Corporation (NASDAQ:CPST), Newcastle Investment Corp. (NYSE:NCT)
RF Micro Devices, Inc. (NASDAQ:RFMD) stock declined 2.75% to $4.96. The company on August 26 said that it has shipped more than one million RF7196D high-power, high-efficiency CMOS power amplifiers (PAs). The ultra-low cost RF7196D is RFMD's newest and most innovative CMOS PA, delivering a revolutionary combination of cost, size and performance. It is in mass production in support of multiple high-volume 2G and 3G handset platforms, and shipments are expected to increase rapidly, reaching approximately 10 million units by the end of the September quarter.
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PennyMac Mortgage Investment Trust(NYSE:PMT) shares declined 1.64% to $21.05. The company on August 14 announced the pricing of an underwritten public offering of 11,300,000 common shares of beneficial interest. The underwriters have a 30-day option from the date of the offering to purchase up to an additional 1,695,000 shares from the Company. The underwriters have offered the shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale. Settlement of the offering is subject to customary closing conditions and is expected to occur on August 19, 2013.
How Should Investors Trade PMT After The Recent Volatility? Get Free Report Here
Capstone Turbine Corporation (NASDAQ:CPST) shares decreased 2.63% to $1.11. The company on August 8 announced its financial results for the first quarter of fiscal year 2014 ended June 30, 2013. Revenue for the first quarter of Fiscal 2014 was $24.4 million, compared to $35.4 million for the fourth quarter of Fiscal 2013, and $28.8 million for the first quarter of Fiscal 2013. The company’s net loss was $6.8 million, or $0.02 loss per share, for the first quarter of Fiscal 2014, versus net loss of $4.1 million, or $0.01 loss per share, for the fourth quarter of Fiscal 2013, and a net loss of $7.8 million, or $0.03 per share, for the first quarter of Fiscal 2013.
Is CPST A Good Buy After The Recent Price Movement? Find Out Here
Newcastle Investment Corp. (NYSE:NCT) shares decreased 0.38% to $5.27. The company on August 7 reported that its second-quarter net income increased to $52.33 million or $0.20 per share, from $29.04 million or $0.21 per share, last year. Core earnings were $43.0 million or $0.16 per share, for the quarter. Income from continuing operations rose to $28.14 million or $0.10 per share, from $23.82 million or $0.17 per share, a year ago. Net interest income decreased to $40.83 million from $48.49 million last year.
Is NCT A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
Here at Winston we focus on undervalued companies trading under $5. Right now the markets are surging and we are seeing an opportunity in micro-cap companies like we have never seen before. We focus on companies that we feel are trading at a discount to the market for various reasons. Enter your email and track our performance! We are sure you won’t be disappointed.
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