Stocks in the News : Todays Hot Stock ( MIPS, ARIA, RSO, ODP )

Los Angelas, CA -- (SBWIRE) -- 09/18/2012 -- MIPS Technologies (NasdaqNM:MIPS) reported EPS of 0.26. For the Current Fiscal year, the company is expected to report EPS of -0.10. For the Next Quarter and Next Year, the company is expected to report EPS of -0.03 and -0.03 respectively. At Current Market Price, MIPS is in distance of +15.21% from its 50-day Moving Average price of $6.6311 and +21.33% from its 200-day Moving Average price of $6.2967. MIPS Technologies Inc. (MIPS) on Monday broke out a bullish pennant, with a move up 48 cents to 7.64. The pennant formed after a big breakout in August out of a nearly 5-month consolidation. The stock has doubled since December of last year and has an upper trendline that points to a target in the 8.50 area.

How Should Investors Trade MIPS Now? Find Out Here

ARIAD Pharmaceuti (NasdaqNM:ARIA) reported EPS of -0.975. For the Current Fiscal year, the company is expected to report EPS of -1.32. For the Next Quarter and Next Year, the company is expected to report EPS of -0.36 and -1.26 respectively. At Current Market Price, ARIA is in distance of +15.32% from its 50-day Moving Average price of $20.378 and +34.83% from its 200-day Moving Average price of $17.429. Ariad Pharmaceuticals (Nasdaq:ARIA) hit a new 52-week high Monday as it is currently trading at $23.37, above its previous 52-week high of $23.30 with 364,636 shares traded as of 9:39 a.m. ET. Average volume has been 2.3 million shares over the past 30 days. Ariad has a market cap of $3.78 billion and is part of the health care sector and drugs industry. Shares are up 89.1% year to date as of the close of trading on Friday. ARIAD Pharmaceuticals, Inc., an oncology company, focuses on the discovery, development, and commercialization of medicines for cancer patients.

Can ARIA Extend Rally? Find Out Here

Shares of Resource Capital (NYSE:RSO) are trading at $6.20 and is +7.04% from its 50-day Moving Average price of $5.7923 and +12.55% from its 200-day Moving Average price of $5.5087. The average trading volume is 934655 shares and its market capitalization is $524.7M. Resource Capital Corp. (NYSE:RSO) has an annual dividend of $0.80 while keeping its dividend yield at 13.29%. The company maintains a dividend payout ratio of 158.63%. Shares of RSO have been trading in the range of $4.20 – $6.12 in last 52 weeks. RSO operates as a specialty finance company that focuses primarily on commercial real estate and commercial finance in the United States.

How Should Investors Trade RSO Now? Find Out Here

Office Depot, Inc (NYSE:ODP) reported EPS of 0.286. For the Current Fiscal year, the company is expected to report EPS of -0.03. For the Next Quarter and Next Year, the company is expected to report EPS of 0.04 and 0.08 respectively. At Current Market Price, ODP is in distance of +49.08% from its 50-day Moving Average price of $1.744 and +8.80% from its 200-day Moving Average price of $2.3897. Office Depot Inc(NYSE:ODP) stock climbed 13.77% to $2.81. Starboard Value LP confirmed it has taken a 13.3% stake in Office Depot Inc., and said thecompany can improve its profitability by implementing a host of suggestions by the activist investment fund. The stake makes Starboard the largest shareholder of OPD. The company sells office supplies directly to businesses, and has an international unit that operates through joint ventures, licensing agreements and Internet sales.

Can LVS Continue To Move Higher? Find Out Here

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