Boston, MA -- (SBWIRE) -- 09/16/2013 -- 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: (Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), PTC Therapeutics, Inc. (NASDAQ:PTCT), Kronos Worldwide, Inc. (NYSE:KRO), CBIZ, Inc. (NYSE:CBZ)
Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) shares increased 4.55% to $5.74. The company on Sept. 11 announced that its wholly-owned subsidiary, Yingli Energy (China) Company Limited ("Yingli China"), will supply 28 MW of multicrystalline YGE Series PV modules to the State Grid Corporation of China ("SGCC"), the world's largest utilities company. SGCC is a state-owned enterprise approved by the State Council to conduct government authorized investment activities and has been ranked the 7th in the Fortune Global 500 in 2013.
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PTC Therapeutics, Inc. (NASDAQ:PTCT) shares gained 4.51% to $21.34. The company announced that Shane Kovacs, Chief Financial Officer of PTC Therapeutics, presented a company overview at Stifel Healthcare Conference in Boston on Thursday, September 12, 2013 at 9:10 am ET.
Additionally, the company on August 12 announced financial and corporate results for the quarter ended June 30, 2013. Net loss attributable to common shareholders for the second quarter of 2013 was $14.6 million compared to a net income attributable to common shareholders for the second quarter of 2012 of $153.5 million. In 2012, the company recorded a gain of $160.0 million on exchange of convertible preferred stock in connection with a recapitalization.
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Kronos Worldwide, Inc. (NYSE:KRO) stock increased 4.45% to $16.19. The company will begin trading ex-dividend on September 03, 2013. A cash dividend payment of $0.15 per share is scheduled to be paid on September 19, 2013. Shareholders who purchased KRO stock prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 10th quarter that KRO has paid the same dividend. At the current stock price of $14.98, the dividend yield is 4.01%.
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CBIZ, Inc. (NYSE:CBZ) stock gained 4.41% to $7.11. The company on Sept. 3 announced that it has completed the previously announced sale of its Medical Management Professionals ("MMP") business to Zotec Partners, LLC ("Zotec") for $200 million. The Company also completed the purchase of 3.85 million shares of the Company's common stock from Westbury (Bermuda) Ltd. at a price of $6.65 per share. Following both transactions, proceeds of the sale will immediately be used to reduce current borrowing levels and over time will be reinvested to enhance the growth of the core Financial and Employee Services businesses.
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