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Los Angelas, CA -- (SBWIRE) -- 01/23/2013 -- Daqo New Energy Corp. (NYSE:DQ) surged by 25.00% to $12.80 per share for Tuesday’s trading session. The Company’s RSI resides at 82.02, revealing a highly overbought level. DQ’s MACD has turned upwards as well, indicative of an increased money flow towards its equity. Daqo New Energy Corp. recently announced that it has appointed Arthur Wong as the Company’s new independent director. Arthur Wong will also serve as the chair for the Company’s audit committee, a member of the corporate governance and nominating committee, and a member of the compensation committee. The appointment became effective on December 24, 2012. Daqo New Energy Corp. operates through the manufacture and selling of polysilicon in the Peoples Republic of China. DQ sells its polysilicon to photovoltaic product manufacturers, and also manufactures and sells multi-crystalline wafers, mono-crystalline and multi-crystalline modules. The company is based in Wanzhou, Peoples Republic of China.
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U.S. Energy Corp (NASDAQ:USEG) soared 1.12% to $1.81. The Company reported Oil and Gas and Mount Emmons Capital Expenditure budgets for 2013. The Board of Directors approved a $27.1 million oil and gas capital expenditure budget for 2013. The Company has approved a budget of $5.4 million for the advancement of the Mount Emmons Molybdenum project. U.S. Energy Corp is a natural resource exploration and development company with a primary focus on the exploration and development of oil and natural gas.
How Should Investors Trade USEG Now? Find Out Here
GSE Systems, Inc. (NYSE:GVP) announced that the New York Stock Exchange has notified the Company about significant and unusual trading activity in GSE's shares on January 22, 2013 and requested the Company to respond by press release to the unusual activity. Ordinarily, it is GSE's policy not to comment on unusual market activity or market rumors; however the Company did confirm that it is not aware of any material corporate developments beyond its most recently issued news releases which could account for the recent unusual trading activity in its shares.
Can GVP Continue To Rise? Find Out Here
Cimatron Ltd (NASDAQ:CIMT) soared 7.89% to $5.99 on a traded volume of 465k shares. Recently, the Company announced that following its announcement of December 27, 2012 that it was seeking the delisting of its shares from the Tel Aviv Stock Exchange. It was informed that such delisting will be effective as of April 4, 2013 with the last trading date on the TASE being April 2, 2013.
How Should Investors React To CIMT Now? Find Out Here
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