Initiated Stocks: AFFX, ACPW, OCZ
Jun 15th, 2011 | By Greg Canale | Category: FinanceInitiated Stocks: AFFX, ACPW, OCZ
Affymetrix, Inc. (Public, NASDAQ:AFFX). Last Market Price: 7.46, Change: +0.20, % Change: (2.75%). Shares trade in the range of 7.06 – 7.75 dollars. It has a market capitalization of 525.96M dollars and has 70.50M outstanding shares. The company has a beta of 2.19, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is -0.01. It operates in Technology sector and belongs to Scientific and Technical Instr. industry. The company has a 52 week high of $ 7.75 and a 52 week low of $ 3.75. Average volumes of shares traded daily are 1.84M. Volume traded in the last session was at 2.89M, 1.58 times the average volume. Affymetrix initiated with Neutral at Gleacher.
Active Power, Inc. (Public, NASDAQ:ACPW). Last Market Price: 2.39, Change: -0.11, % Change: (-4.40%). Shares trade in the range of 2.34 – 2.52 dollars. It has a market capitalization of 191.19M dollars and has 80.00M outstanding shares. The company has a beta of 0.49, indicating, the stock to be less volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is -0.03. It operates in Technology sector and belongs to Electronic Instr. and Controls industry. The company has a 52 week high of $ 3.03 and a 52 week low of $ 0.78. Average volumes of shares traded daily are 422,603.00. Volume traded in the last session was at 325,829.00, 0.78 times the average volume. Active Power initiated with a Buy at Capstone; tgt $3.
OCZ Technology Group Inc. (Public, NASDAQ:OCZ). Last Market Price: 7.52, Change: -0.18, % Change: (-2.34%). Shares trade in the range of 7.46 – 7.80 dollars. It has a market capitalization of 386.40M dollars and has 51.38M outstanding shares. As per the most recent quarterly report, the net income per share (EPS) is -1.04. It operates in Technology sector and belongs to Computer Storage Devices industry. The company has a 52 week high of $ 10.48 and a 52 week low of $ 1.79. Average volumes of shares traded daily are 2.24M. Volume traded in the last session was at 408,866.00. OCZ Tech initiated with Outperform at FBN Securities.