Thursday 31 Jul 2014

ANADIGICS Inc. (NASDAQ:ANAD) up by 10.66%, Arrowhead Research Corp (NASDAQ:ARWR), Forbes Energy Services Ltd. (NYSEMKT:FES)

New York, NY – (NISMAGAZINE) – 04/30/2013- ANADIGICS Inc. (NASDAQ:ANAD) ranged in price between $2.15 and $2.29 and rose +10.66% from its previous close of $1.97 is now trading close to $2.18 after opening at $2.18.  During the last one year the stock gave a negative return of 10.45%, hitting the lowest price of $1.05 and the highest price of $2.87. The beta of the stock is 2.14 as reflected from its price history. The market capitalization at the current stock price is $155.46 million.  The stock is trading 22.97% above its 200 days long moving average reflecting that the stock is strong, and the RSI of the stock is 64.61 indicating that the stock is moving into an oversold zone.

The company reported its 1Q2013 results where EPS was in line with the analyst’s estimate of $0.20. The company posted revenue of $26.4 million as compared to the consensus estimate of $26.9 million. Craig-Hallum upgraded the company’s stock.

How Should Investors Trade ANAD Now? Find out here.

Arrowhead Research Corp (NASDAQ:ARWR) ranged in price between $1.80 and $2.00 and raised +7.80% from its previous close of $1.82 is now trading close to $1.96 after opening at $1.80.  During the last one year the stock gave a negative return of 68.40%, hitting the lowest price of $1.65 and the highest price of $5.79. The beta of the stock is 1.76 as reflected from its price history. The market capitalization at the current stock price is $33.96 million.  The stock is trading 18.70% below its 200 days long moving average reflecting that the stock is weak though it posted huge price gains in the current trading session, and the RSI of the stock is 50.32.

The company priced $36 million private offering at $1.83 per common share. 9,900 shares of series B convertible preferred stock priced at $1,000 per share and 14.3 million shares of common stock are expected to be issued.

How Should Investors Trade ARWR Now? Find out here.

Forbes Energy Services Ltd. (NYSEMKT:FES) ranged in price between $3.75 and $3.94 and raise 2.72% from its previous close of $3.68 is now trading close to $3.78 after opening at $3.94. During the last one year the stock gave a negative return of 31.98%, hitting the lowest price of $1.66 and the highest price of $5.58. The market capitalization at the current stock price is $80.66 million. The stock is trading 14.70% above its 200 days long moving average reflecting that the stock is strong, and the RSI of the stock is 54.41 indicating that the stock is trading into an overbought zone.

Is FES a solid investment at these levels? Find out here.

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