Las Vegas, NV -- (SBWIRE) -- 09/30/2013 -- Beststocksondemand.com, is a financial newsletter and blog focused on shedding light on under-discovered small cap companies. Our team of professionals from various backgrounds work diligently to bring our members the best penny stock picks, stock market commentary, and news on all types of OTCBB and Pink Sheet companies, FreeSeas Inc. (NASDAQ:FREE), MagneGas Corporation (NASDAQ:MNGA), International Rectifier Corporation (NYSE:IRF), Direxion Daily India Bull 2X Shares (NYSEARCA:INDL)
FreeSeas Inc. (NASDAQ:FREE) was a volume gainer of 13.49 million shares and the average volume of the stock remained 9.30 million shares. The stock opened the session at $0.83 and finished at the end of the day at $0.87 and the stock plunged -12.80%.The market capitalization of the stock remained 510,598. The half-yearly trend of the stock remained negative-41.35%. FreeSeas Inc. (FreeSeas) is a parent holding company of its ship-owning companies. The Company’s fleet consists of six Handysize vessels and one Handymax vessel that carry a variety of drybulk commodities, including iron ore, grain and coal, which are referred to as bulks, as well as bauxite, phosphate, fertilizers, steel products, cement, sugar and rice, or minor bulks.
Has FREE Found The Bottom And Ready To Gain Momentum? Find Out Here
In the preceding trading session, MagneGas Corporation (NASDAQ:MNGA) exchanged 92,323 shares and the average volume remained 37,796 shares. The stock closed the session at $0.600 with the drop of -12.13%. Tracking three months and 6 months trends, the stock was at of -17.33% and -44.64%, respectively. MagneGas Corporation is an alternative energy company that creates and produces hydrogen based alternative fuel through the gasification of liquid waste. The Company has developed a process which transforms various types of liquid waste through a plasma arc machine.
Why Should Investors Buy MNGA After the Recent Fall? Just Go Here and Find Out
International Rectifier Corporation (NYSE:IRF) decreased -0.76% and its closing price was $24.92. The volume of the stock was 270,653shares and the average volume remained 395,204 shares. The stock traded amid the day price range of $24.80 - $25.12. The market capitalization of the stock remained 1.77 billion. The beta of the stock remained 1.52. International Rectifier Corporation (IR) designs, manufactures and markets power management semiconductors. Its products include power metal oxide semiconductor field effect transistors (MOSFETs), high voltage analog and mixed signal integrated circuits (HVICs), low voltage analog and mixed signal integrated circuits (LVICs), digital integrated circuits (ICs), radiation-resistant (RAD-Hard) power MOSFETs, insulated gate bipolar transistors (IGBTs), high reliability direct current to direct current (DC-DC) converters and automotive product packages.
Will IRF Get Buyers Even After The Recent Rally? Find Out Here
Direxion Daily India Bull 2X Shares (NYSEARCA:INDL) exchanged 11,800 shares in the previous trading session. INDL dropped -11.27 % and it closed the trading at $43.22. The market capitalization of the stock remained 31.29 million. YTD trend of the stock was negative -45.26%. Direxion Daily India Bull 3x Shares, formerly Direxion Daily India Bull 2x Shares, seeks daily investment results, before fees and expenses, of 300% of the performance of the Indus India Index. The Indus India Index, which is designed to replicate the Indian equity markets as a whole, through a group of 50 Indian stocks selected from a universe of the largest companies listed on two Indian exchanges.
Will INDL Bounce Back After yesterday’s Sharp Sell off? Find Out Here
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