Boston, MA -- (SBWIRE) -- 09/11/2013 -- 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: (Murphy USA Inc (NYSE:MUSA), Arena Pharmaceuticals, Inc. (NASDAQ:ARNA), TiVo Inc.(NASDAQ:TIVO), Medical Properties Trust, Inc. (NYSE:MPW)
Murphy USA Inc (NYSE:MUSA) shares dropped 1.08% to $39.42. The company on Sept. 4 announced the allocation of tax basis resulting from the tax-free spin-off Murphy USA Inc. Based on the relative fair market values of the respective companies on September 3, 2013, the first day of trading after distribution, 13.89% of a stockholder's tax basis in Murphy Oil Corporation Common Stock should be allocated to the shares of Common Stock in Murphy USA Inc. received pursuant to the distribution described in the Information Statement of Murphy USA Inc. dated August 21, 2013.
How Should Investors Trade MUSA After The Recent Volatility? Get Free Report Here
Arena Pharmaceuticals, Inc. (NASDAQ:ARNA) stock jumped 0.32% to $6.34. The company on August 28 announced the completion of a Phase 1b clinical trial for APD811, an investigational oral prostacyclin (IP) receptor agonist intended for the treatment of pulmonary arterial hypertension (PAH). The company plans to initiate a Phase 2 clinical trial for APD811 in the first quarter of 2014.
Additionally, ARNA’s stock was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a note issued to investors on August 5. The firm currently has a $7.40 price objective on the stock.
How Should Investors Trade ARNA After The Recent Volatility? Get Free Report Here
TiVo Inc.(NASDAQ:TIVO) shares increased 0.88% to $12.06. The company on August 27 announced the highest net revenue and profit in the company's history and sharp subscriber growth, prompting the company to predict profits ahead for the foreseeable future. The company reported a a net profit in the quarter ended July 31 of $268.9 million, or $1.96 a share, from a loss of $27.7 million, or 23 cents a share, a year prior. Adjusted loss were $13.1 million. In May, TiVo had predicted a net loss of $13 million to $16 million and service-and-technology revenue of $68 million to $70 million. Revenue for the fiscal second quarter ended July 31 jumped more than 53% to $100 million.
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Medical Properties Trust, Inc. (NYSE:MPW) shares dropped 0.42% to $11.96. Investment analysts at Janney Montgomery Scott started coverage on shares of MPW in a note issued to investors on Sept. 10. The firm set a “neutral” rating on the stock.
Additionally, the company on August 15 said it has priced its underwritten public offering of 10 million shares of common stock at a public offering price of $12.75 per share. The Company intends that the net proceeds from the offering will be approximately $122.0 million or approximately $140.4 million if the underwriters' option to purchase additional shares is exercised in full.
Is MPW A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
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