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: (GT Advanced Technologies Inc(NASDAQ:GTAT), Intermec Inc. (NYSE:IN), Apollo Investment Corp. (NASDAQ:AINV), Molycorp Inc(NYSE:MCP)
GT Advanced Technologies Inc(NASDAQ:GTAT) shares fell 1.22% to $6.46. Research analysts at Gilford Securities boosted their target price on shares of GTAT from $6.40 to $10.00 in a report released on August 22. The firm currently has a “buy” rating on the stock.
Additionally, the company on August 5 reported results for the second quarter of fiscal year 2013, which ended June 29, 2013. Revenue for the second quarter came in at $168.3 million. Non-GAAP net income was $18.1 million in the second quarter, compared to a non-GAAP net loss of $8.9 million in the first quarter and non-GAAP net income of $19.3 million for the second quarter of calendar 2012.
Is GTAT A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
Intermec Inc. (NYSE:IN) shares dropped 0.30% and closed at $9.87 in the last trading session. Enterprise Mobile, a business unit of Intermec Technologies Corporation (NYSE:IN), on August 20 announced that Gartner has recognized the company in its 2013 Magic Quadrant for Managed Mobility Services. Gartner's Magic Quadrant research tool provides a graphical competitive positioning of providers in fast-growing markets, and is the culmination of extensive industry research and interviews with customers from each of the selected organizations. This is the first year that Gartner has applied its Magic Quadrant methodology to managed services for enterprise mobile devices. Gartner evaluated 18 service providers in this report.
Is IN A Good Buy After The Recent Price Movement? Find Out Here
Apollo Investment Corp. (NASDAQ:AINV) shares decreased 1.25% to $7.89. AINV announced a quarterly dividend on August 9. Shareholders of record on Friday, September 20th will be paid a dividend of $0.20 per share on Friday, October 4th. This represents a $0.80 annualized dividend and a dividend yield of 9.91%. The ex-dividend date is Wednesday, September 18th.
Additionally, the company announced its earnings results on August 8. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.20 by $0.05.
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Molycorp Inc(NYSE:MCP) shares decreased 1.13% to $6.10. Bernstein Liebhard LLP on August 20 announced that a class action has been commenced in the United States District Court for the Southern District of New York on behalf of all those who purchased securities of Molycorp, Inc. (NYSE: MCP) ("Molycorp" or the "Company") between August 2, 2012 and August 7, 2013, inclusive.
Additionally, the company on August 8 announced financial and operating results for the second quarter of 2013. The Company reported a net loss of $0.36 per share for the quarter on an adjusted non-GAAP basis. The Company reported consolidated net revenues of $136.9 million during the second quarter of 2013, a 6% decrease over the first quarter of 2013.
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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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