New York, NY -- (SBWIRE) -- 12/06/2013 -- 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 special trend analysis of following stocks: Finisar Corporation (NASDAQ:FNSR), Rite Aid Corporation (NYSE:RAD), Plug Power Inc (NASDAQ:PLUG), Coronado Biosciences Inc (NASDAQ:CNDO)
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Finisar Corporation (NASDAQ:FNSR) rose 2.30 percent to $22.26 today on traded volume of 4.84 million shares after the telecommunications-equipment provider posted strong financial results for the second quarter. The company reported a profit of $30 million, or 29 cents per share for the quarter. Adjusted profit was 43 cents per share. Q2 revenue jumped 25 percent to $290.7 million. Finisar has a market capitalization of $2.13 billion.
What was the Moving Force behind FNSR On Bullish Run? Read This Research Report on FNSR
Rite Aid Corporation (NYSE:RAD) advanced 3.56 percent to $5.82 today on traded volume of 16.18 million shares after the retail drugstore chain said that it sales showed improvement during the last month. The company’s same-store sales increased nearly 2.8 percent in November. Pharmacy revenue jumped 3.9 percent, while non-pharmacy sales increased 0.4 percent. RAD stock has a 52-week range of $0.95 to $6.15. The company has a market capitalization of $5.35 billion and P/E ratio of 18.35.
Will RAD Continue To Move Higher? Find Out Here
Plug Power Inc (NASDAQ:PLUG) is currently trading at $1.90 on volume of 26.46 million shares. The 52-week range of the stock is $0.12 to $2.24. PLUG shares have been soaring from the last few weeks. The stock climbed nearly 291 percent in the past one month. The company has a market capitalization of $194.63 million.
Why Should Investors Buy PLUG After The Recent Gain? Just Go Here and Find Out
Coronado Biosciences Inc (NASDAQ:CNDO) jumped 3.61 percent to $1.72 today on traded volume of 1.40 million shares. The stock is trading in the range of $1.65 to $1.78 in the current trading session. Coronado Biosciences is a biopharmaceutical firm engaged in the development of biologic agents to treat cancer and autoimmune diseases. The company has a market capitalization of $58.38 million.
Where CNDO is Headed Exactly? Find out in This Trend Analysis Reports
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