Gains at Technology Sector Catching the Attention of Day Traders |
Posted: April 16, 2012 |
On Friday U.S. stocks faltered, following a two-day rally, with the worst declines of the year, closing lower for a second straight week.In declining market yet gains could also be the catalyst for a rebound. RF Monolithics, Inc. (NASDAQ:RFMI) advanced 73.61% to settle at $1.71 with overall traded volume of 1.28 million shares above than its average volume of 50,637 shares. Its total outstanding shares are 10.98 million while the market capitalization of company was $18.77 million. Its beta value stands at 0.98 times and operating profit margin was 1.21% while net profit margin was 0.44%.Share of the company was traded within the range of $1.69 – $1.75. China Information Technology, Inc. (NASDAQ: CNIT)surged 22.25% to settle at $1.37 with overall traded volume of 2.50 million shares above than its average volume of 189,752 shares.Its total outstanding shares are 27.59 million while the market capitalization of company was $37.80 million. Share of the company was traded within the range of $1.10 – $1.52.Its beta value stands at 1.51 times and operating profit margin was 7.48% while net profit margin was 7.48%.
http://www.fastmovingstock.com/gains-at-technology-sector-catching-the-attention-of-day-traders/
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