Stocks in a New Downtrend (ADX) – ACAT, AERG, AXAS, BGCP, BIOF
May 18th, 2011 | By Greg Canale | Category: FinanceStocks in a New Downtrend (ADX) – ACAT, AERG, AXAS, BGCP, BIOF
Arctic Cat Inc. (NASDAQ:ACAT) surged 0.15%, to close at $13.26 and its overall traded volume was 65,947.00 shares in the last trading session. ACAT opened at $13.11 and is trading within the range of $13.11-$13.50. The stock has a 52 week low of $6.92 and 52 week high of $17.97. The market capitalization of the company stands at $242.33M and it has 18.28M outstanding shares.
Arctic Cat Inc. (Arctic Cat) designs, engineers, manufactures and markets snowmobiles and all-terrain vehicles (ATVs) under the Arctic Cat brand name, as well as related parts, garments and accessories. The Company markets its products through a network of independent dealers located throughout the United States, Canada and Europe, and through distributors representing dealers in Europe, the Middle East, Asia and other international markets.
Applied Energetics, Inc. (NASDAQ:AERG) slid -0.51%, to close at $0.468 and its overall traded volume was 329,265.00 shares in the last trading session. AERG shares were trading within the range of $0.44-$0.49 while its opening price was $0.47. The stock has a 52 week low of $0.14 and 52 week high of $1.60. At current market price, the market capitalization of the company stands at $42.64M and it has 91.19M outstanding shares.Applied Energetics, Inc. (Applied Energetics) is a developer and manufacturer of high energy systems for military and commercial applications, utilizing knowledge of high performance lasers, high-voltage electronics, dynamic optics and atmospheric and plasma interactions. The Company applies these technologies to deliver solutions to urgent military requirements, including neutralizing improvised explosive devices (IEDs) and other high priority missions of United States and allied military forces. Additionally, the Company also develops and manufactures high-voltage and laser products for government and commercial customers for a range of applications.
Abraxas Petroleum Corp. (NASDAQ:AXAS) percentage change dropped -5.03%, to close at $3.78 and its overall traded volume was 2.42M shares in the last trading session. AXAS opened the day at $3.96, it made an intraday low of $3.77 and an intraday high of $3.96. The stock has a 52 week low of $2.09 and 52 week high of $6.16. The market capitalization of the company stands at $346.75M and it has 91.73M outstanding shares.Abraxas Petroleum Corporation (Abraxas) is an independent energy company primarily engaged in the development and production of oil and gas. As of December 31, 2009, its properties were located in the Rocky Mountain, Mid-Continent, Permian Basin and Gulf Coast regions of the United States. On October 5, 2009, Abraxas Petroleum Corporation acquired 100% ownership of Abraxas Energy Partners, L.P.
BGC Partners, Inc. (NASDAQ:BGCP) percentage change dropped -2.63%, to close at $8.15 and its overall traded volume was 836,103.00 shares in the last trading session. BGCP shares were trading within the range of $8.01-$8.33 while its opening price was $8.33. The stock has a 52 week range of $4.69 – $10.07. BGCP’s market capitalization is $806.51M and it has 98.96M outstanding shares.BGC Partners, Inc. is a global financial intermediary to the financial markets specializing in the brokering of a range of financial products, including fixed income securities, interest rate swaps, foreign exchange, equities, equity derivatives, credit derivatives, commodities, futures, structured products and other instruments. It also provides a range of services, including trade execution, broker-dealer services, clearing, processing, information, and other back office services, to a range of financial and non-financial institutions. Through its eSpeed and BGCantor Market Data brands, the Company also offers financial technology solutions, market data, and analytics related to select financial instruments and markets. In June 2009, the Company acquired Liquidez Distribuidora de Titulos e Valores Mobiliarios Ltda. (Liquidez), a financial institution and interdealer broker with offices in Sao Paulo and Rio de Janeiro.
BioFuel Energy Corp. (NASDAQ:BIOF) percentage change dropped -5.26%, to close at $0.540 and its overall traded volume was 434,616.00 shares in the last trading session. BIOF opened at $0.57 and is trading within the range of $0.52-$0.58. The 52-week range of the stock is $0.52 – $3.15. The market capitalization of the company stands at $66.46M and it has 123.07M outstanding shares.BioFuel Energy Corp. produces and sells ethanol and its co-products (primarily distillers grain), through its two ethanol production facilities located in Wood River, Nebraska and Fairmont, Minnesota. The Company’s ethanol plants are owned and operated by the Operating Subsidiaries of the BioFuel Energy, LLC, (the LLC). The Company produces ethanol at both of its plants, each having a nameplate capacity of approximately 115 million gallons per year (Mmgy). The Company’s primary source of revenue is the sale of ethanol. It also receives revenue from the sale of distillers grain, which is a residual co-product of the processed corn used in the production of ethanol and is sold as animal feed.