Boston, MA -- (SBWIRE) -- 08/20/2013 -- 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: (STEC, Inc.(NASDAQ:STEC), The Ryland Group, Inc. (NYSE:RYL), Monster Worldwide, Inc. (NYSE:MWW), PennyMac Mortgage Investment Trust(NYSE:PMT)
STEC, Inc.(NASDAQ:STEC) shares fell 0.15% to $6.79. The company on August 16 announced it will showcase its PCI Express (PCIe)-based solid-state drive (SSD) and all-flash SSD system delivering cost efficiencies and high performance in virtualized environments at next week's VMworld 2013 conference in San Francisco.
Additionally, the company on August 7 said its revenue for the second quarter of 2013 was $23.5 million, a decrease of 42.3% from $40.7 million for the second quarter of 2012 and an increase of 6.8% from $22.0 million for the first quarter of 2013. GAAP diluted loss per share was $0.65 for the second quarter of 2013, compared to $1.07 for the second quarter of 2012 and $0.54 for the first quarter of 2013.
Is STEC A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
The Ryland Group, Inc. (NYSE:RYL) shares dropped 5.01% to $34.49. The company on July 24 reported second-quarter net income of $231.2 million, or $4.16 per share, compared to $6.27 million or $0.14, last year. Adjusted net income totaled $43.8 million, or $0.80 per share, compared to $6.0 million, or $0.14 per share, prior year. Analysts expected the company to report profit of $0.64 per share for the quarter. Revenues totaled $493.0 million, representing a 67.8 percent increase from $293.8 million, prior year. Analysts expected revenue of $492.75 million for the quarter.
Is RYL A Good Buy After The Recent Price Movement? Find Out Here
Monster Worldwide, Inc. (NYSE:MWW) shares dropped 0.44% to $4.51 in the last trading session. The company on August 1 reported that its second-quarter net income decreased to $3.38 million or $0.03 per share, from $4.80 million or $0.04 per share, last year. Income per share from continuing operations was $0.04, compared to $0.08 prior year. Non-GAAP net income from continuing operations was $9.6 million or $0.09 per share for the quarter. Analysts expected the company to report profit per share of $0.08 for the quarter. Revenue from continuing operations was $200.06 million, compared to $224.58 million, last year. Analysts expected revenue of $207.49 million for the quarter.
How Should Investors Trade MWW After The Recent Volatility? Get Free Report Here
PennyMac Mortgage Investment Trust(NYSE:PMT) shares declined 3.27% to $20.73. The company on August 14 announced the pricing of an underwritten public offering of 11,300,000 common shares of beneficial interest. The underwriters have a 30-day option from the date of the offering to purchase up to an additional 1,695,000 shares from the Company. The underwriters have offered the shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale. Settlement of the offering is subject to customary closing conditions and is expected to occur on August 19, 2013.
How Should Investors Trade PMT After The Recent Volatility? Get Free Report Here
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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