Birmingham, West Midlands -- (SBWIRE) -- 04/02/2013 -- Value Penny Stocks issues special report on the Top Bearish Penny Stocks – Plug Power Inc(NASDAQ:PLUG), Pacific Ethanol Inc (NASDAQ:PEIX), Glu Mobile Inc. (NASDAQ:GLUU)
Plug Power Inc(NASDAQ:PLUG) declined -21.51% and closed at $0.170 in the last trading session with the total traded volume of 4.78 million shares. That’s more than the average volume of 4.53 million. The company issued results for its fiscal Q4 and 2012 was expected to put itself on the sale. For the quarter, sales declined 50% to $5.9 million as compared to the $11.9 million in the same period the previous year. Net loss rose to $8.5 million ($0.22 per basic and diluted share) as compared to Q4 2011's shortfall of $7.2 million ($0.32).
For the full year, revenue was $26.1 million, losing more than $1.5 million from the 2011 figure of $27.6 million. The 2012 loss reached to $31.9 million ($0.93 per basic and diluted share) against the previous year's $27.5 million ($0.50).
Has PLUG Found The Bottom And Ready To Gain Momentum? Find Out Here
PLUG is now trading below its 50 day moving average of -38.76% and 200 day moving average of -76.72%. It has outstanding shares of 57.00 million with the total market cap of $9.69million and its beta value stands at 1.11 times which shows that stock is more volatile.
Pacific Ethanol Inc (NASDAQ:PEIX) lost -8.90% to close at $0.307 and its overall volume in the last trading session was 6.30 million shares, beating the average volume of 3.35 million. The stock extended fall after disclosing plan to import sorghum and buy the grain from domestic sources as prices for corn, the primary feedstock for the U.S. ethanol industry, floated near record highs.
PEIX hit the day high price of $0.34 and day low of $0.31. The stock is trading with negative year-to-date performance of -4.06%. It has current ratio of 1.11 and its debt-to-equity ratio is 2.07. The company has total market cap of $48.36 million.
Has PEIX Found The Bottom and Ready To Move Up? Find Out Here
Glu Mobile Inc. (NASDAQ:GLUU) dropped -8.67% with the closing price of $2.74 after an insider selling activity was reported. The overall volume in the last trading session was 5.51 million shares. Its fifty two week range was $1.99-$5.90. The total market capitalization remained $180.68million.
The stock is ahead its 52 week low with 37.69% and its last month price volatility remained 7.47%. Its beta coefficient was 2.35 with a target price of $3.19. In its share capital, the company has 66.64 million outstanding shares while 66.44 million shares have been floated in market.
It has insider ownership of 0.24% with its institutional ownership remained 54.11%. Its current year earnings per share grew with 13.29%.
Why Should Investors Buy GLUU After the Recent Fall? Just Go Here and Find Out
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