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Los Angelas, CA -- (SBWIRE) -- 10/11/2012 -- True Religion App (NasdaqNM:TRLG) is very active today and traded between $25.20 - 26.25 with total traded volume of 7584341 shares. At a current price of 25.71, TRLG is +4.70 - +22.37% from the previous close of $21.01. Moreover, At Current Market Price, TRLG is in the distance of +15.15% of its 50-day Moving Average price of $22.3266 and -0.20% from its 200-day Moving Average price of $25.762. TRLG was among the day’s biggest gainers, leaping 21.18% to $25.46 after it announced that it was exploring strategic moves, including a possible sale. Shares of the jeans company had declined 39% year-to-day prior to today.
Can TRLG Recover? Find Out Here
Optimer Pharmaceuticals, Inc.(NASDAQ:OPTR) shares dropped 5.50% to $10.83 in the previous trading session. The company announced the sale of its stake in Optimer Biotechnology to current OBI shareholders. The sale is expected to result in gross proceeds to Optimer of U.S. $60 million and will be used to support the commercialization of DIFICID (fidaxomicin) tablets and for other corporate purposes.The transaction is expected to close in two phases, subject to customary closing conditions and the completion of administrative matters. The first closing is expected to take place in the fourth quarter of 2012 and the second closing is expected to take place in the first quarter of 2013. Additionally, Optimer‘s stock had its “buy” rating reaffirmed by Jefferies Group in a research note issued yesterday.OPTR is +0.72 - +6.65% from the previous close of $10.83. It traded between $10.65 - 11.61 with total traded volume of 1591161 shares. Keep a close eye on OPTR, as the stock has been showing unusual moves over the past weeks. At Current market price, OPTR has recovered +15.50% from its 52-week Low of 10.00 and has Pulled back -29.96% from its 52-week high of 16.49.
How Should Investors React To OPTR Now? Find out what is going on with a company with a FREE TREND REPORT
Shares of FedEx traded up 4.34% during mid-day trading on Wednesday, hitting $89.29. FedEx has a one year low of $73.26 and a one year high of $97.19. The company has a market cap of $28.045 billion and a P/E ratio of 13.37.Leading parcel delivery company FedEx Corporation ( NYSE:FDX ) announced its target to achieve $1.7 billion in incremental profit by the end of 2016. Although no broad-based plan has yet been declared, it is expected that the company's profit enhancement is broadly based on cost improvements.FedEx plans to boost profits by $1.7 billion a year by the end of its 2016 fiscal year, partly by cutting costs at its Express unit.FedEx shares were up 4.6 percent at $89.54 in early trading.
How Should Investors Trade FDX Now? Find Out Here
Click Technologies (Nasdaq NM: QLIK) reported EPS in 0.086. For the Current Fiscal year, the company is expected to report EPS of 0.32. For the Next Quarter and Next Year, the company is expected to report EPS of 0.30 and 0.46 respectively. At Current Market Price, QLIK is in distance of -4.87% from its 50-day Moving Average price of $22.4649 and -10.05% from its 200-day Moving Average price of $23.7571.Qlik Technologies Inc (NASDAQ:QLIK) jumped 6.22% to $21.53 on a traded volume of 1.65 million shares after UBS upgraded the company to buy from neutral with a price target to $28 a share.
Is QLIK a solid investment at these levels or will shares of the QLIK take a dive after the big news wears off? Find out EXACTLY where QLIK is headed with a NEW TREND REPORT
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