Boston, MA -- (SBWIRE) -- 08/28/2013 -- 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: (Janus Capital Group Inc(NYSE:JNS), BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX), Anworth Mortgage Asset Corporation (NYSE:ANH), Sonus Networks, Inc.(NASDAQ:SONS)
Janus Capital Group Inc(NYSE:JNS) shares fell 4.35% to $8.36 in the previous trading session. The company, on July 25 reported second quarter net income of $15.8 million, or $0.08 per diluted share, compared with first quarter 2013 net income of $28.0 million, or $0.15 per diluted share, and net income of $23.4 million, or $0.13 per diluted share, in the second quarter 2012.
Second quarter 2013 included a charge of $0.04 per share from the early extinguishment of debt associated with the exchange of $110.0 million of JCG's 3.25% convertible senior notes due 2014 for $116.6 million of newly issued 0.75% convertible senior notes due 2018 and a charge of $0.02 per share (or a $0.04 per share decline quarter over quarter) primarily due to the mark-to-market impact on our seed capital program.
How Should Investors Trade JNS After The Recent Volatility? Get Free Report Here
BioCryst Pharmaceuticals, Inc. (NASDAQ:BCRX) shares decreased 5.43% to $6.44. Analysts at Wells Fargo & Co. initiated coverage on shares of BCRX in a research report issued to clients and investors on August 23. The firm set an “outperform” rating and a $9.00 price target on the stock.
Additionally, the company, on August 5, announced that the underwriters of its recent public offering of its common stock have exercised in full their option to purchase an additional 600,000 shares. The total gross proceeds from this offering to BioCryst, including from the exercise of the over-allotment option, are expected to be $20.2 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by BioCryst.
How Should Investors Trade BCRX After The Recent Volatility? Get Free Report Here
Anworth Mortgage Asset Corporation (NYSE:ANH) shares fell 0.67% to $4.46. The company on July 29 reported core earnings available to common stockholders of $21.6 million, or $0.15 per diluted share, for the second quarter ended June 30, 2013. Core earnings consisted of $23 million of net income less $1.4 million of dividends paid to our preferred stockholders. This compares to core earnings of $22.2 million, or $0.15 per diluted share, for the first quarter ended March 31, 2013.
Is ANH A Good Buy After The Recent Price Movement? Find Out Here
Sonus Networks, Inc.(NASDAQ:SONS) shares fell 4.84% to $3.34. The company on August 26 announced that as part of the Company's previously announced stock buyback program, it has agreed to repurchase approximately 3.1 million shares of the Company's common stock in a privately negotiated transaction with Empire Capital Management, L.L.C. ("Empire") at $3.50 per share, the market closing price on August 23, 2013, for a total purchase price of approximately $11 million. The Company will pay for the share repurchase using cash on hand.
Is SONS A Strong Buy? Get Advantage Of Our Free Trend Analysis Here
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