Scottsdale, AZ -- (SBWIRE) -- 03/05/2013 -- universalpennystocks.com focus is on Hot Penny Stocks that trade on OTCBB and OTC markets, which are mostly referred to as “penny stocks”. These Penny Stocks could offer the greatest potential return on your short or long term investment. Sign up for our free newsletter before you miss the next alert.
Lorillard Inc. (NYSE:LO) shares went up after TheStreet repeated its “buy” rating on the stock. During the mid-day trading hours, Lorillard Inc. (NYSE:LO) jumped +0.99% to $38.58 and its total traded volume was 8.77 million shares more than the average volume of 3.40 million shares. LO has earnings per share of $2.81 and its price to earnings ratio ended at 13.71. LO has market cap of 14.62 billion.
Why Should Investors Buy LO After The Recent Gain? Just Go Here and Find Out
Williams Partners L.P. (NYSE:WPZ) declared that it aims to begin an underwritten public offering of 10,000,000 common units signifying limited-partner interests. The units will be offered by Williams Partners pursuant to an active shelf registration statement on file with the Securities and Exchange Commission. The underwriters have been approved a 30-day option to acquire up to an additional 1,500,000 common units.
In the mid-day trading session, Williams Partners L.P. (NYSE:WPZ) declined -3.30% to $48.88 with the total traded volume of 8.06 million shares.
Will WPZ Get Buyers Even After The Recent Rally? Find Out Here
Cree, Inc. (NASDAQ:CREE) shares surged and hit a new high of $52.35 after third quarter guidance. Cree Inc. raised its adjusted earnings guidance for the third quarter Tuesday morning to a range of $0.31 to $0.36 per share from the previousestimate in the $0.30 to $0.35 per share range. The company also increased its third-quarter revenue guidance to a range of $335 million to $350 million from the earlier estimate between $325 million and $345 million.
In the mid-day, Cree, Inc. (NASDAQ:CREE) reported the gain of +16.70% to $52.18 and its total traded volume was 7.29 million shares. CREE has market cap of 6.08 billion.
Will CREE Continue To Move Higher? Find Out Here
Impax Laboratories Inc (NASDAQ:IPXL) slipped -24.97% to $15.01 in the mid-day with the total traded volume of 5.98 million shares. Its fifty two week range was $14.88-$15.48. The total market capitalization remained $1.03 billion.
IPXL is ahead its 52 week low with 20.81% and its last month price volatility remained 3.82%. Its beta coefficient was 0.38 with a target price of $23.00. IPXL has insider ownership of 1.12% with its institutional ownership remained 79.76%. Company’s current year earnings per share grew with 53.42% while the five year EPS growth rate was +35.42%.
Has IPXL Found The Bottom And Ready To Gain Momentum? Find Out Here
About Universal Penny Stocks
universalpennystocks.com is an Independent Company, our focus is on small cap stocks that trade on OTCBB and OTC markets, and are mostly referred to as “penny stocks”. These are stocks that normally trade under $5 a share and could offer the greatest potential return on your short or long term investment. You must read our Disclaimer page for more information regarding conflicts of interest and the risks involved.
We try to spot stocks in all types of market conditions. In addition, we provide emerging small cap companies with profiling and investor relations services for compensation. If you believe your company is an emerging company, with a solid product, or a company that offers our members a profitable short or long term opportunity please feel free to send us an e-mail and we’ll review the company and reply to your inquiry promptly. Please provide as much information you believe we’ll need to review your request.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)