New York, NY – (NISMAGAZINE) – 3/27/2013- LiveDeal Inc. (NASDAQ:LIVE) soared 22.85% to $2.64 in Wednesday’s trading session. The stock opened at $2.25 on March 27, touched a high of $2.73 before plunging down to $2.64, so far in today’s trading session. The stock traded volumes of 0.4 Million compared to its average trading volumes of 0.2 Million. The stock slid as low as $2.11 during today’s trading session. The uptick in the stock price of LiveDeal could not be assigned to any specific information as no big news has surrounded the company lately. The market capitalization of the company totaled $5.93 Million on March 27, 2013. The company has a comfortable liquidity position as reflected by its current ratio of 1.3x. LIVE is a zero-debt company. LIVE offers its customers to grow their businesses through marketing them effectively on the internet.
How Should Investors Trade LIVE Now? Find out here.
Net 1 Ueps Technologies Inc. (NASDAQ:UEPS) surged by 24.05% to $7.48 during today’s session. The stock opened at $6.01 in Wednesday’s trading session, touched a high of $7.72 and also plunged as low as $5.87. The stock traded volumes of close to 1.51 Million higher than its average trading volume of 0.132 Million. The mid-day surge in UEPS’ stock price was due to the ruling coming out in favor of the company by the South African Supreme Court of Appeal. The Court ruled that the contract awarded by South African Social Security Agency to Cash Paymaster services Ltd, a subsidiary of UEPS was just and legal. On a YTD basis the stock price of UEPS has surged 18.0%.
Is UEPS a solid investment at these levels? Find out here.
Revolution Lighting Technologies, Inc (NASDAQ:RVLT) gained a handsome 31.74% to $2.20 in today’s trading session. The stock opened today’s trading session at $1.75 and touched a high of $2.50 so far. It traded volumes of 4.22 Million compared to its average trading volumes of 0.26 Million. The market capitalization of the company totaled $78.03 Million on March 27, 2013. RVLT announced its latest innovation on the block, Seesmart Tube light. This product has been called a breakthrough in the Tube light market by the company. Seesmart Tube light is boasted to produce maximum light output using the lowest wattage. The LED lighting industry has been growing leaps and bounds in the last five years. According to market data, the industry has grown over 34% annually over the last five years and is expected to grow even faster in the near future. The industry is expected to reach to a value of over $159 Billion by the year 2020 offering huge growth potential to players like RVLT.
How Should Investors Trade RVLT Now? Find out here.
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