3 Stocks To Watch Today: RADA Electronic Ind Ltd (RADA), Amarin Corporation Plc (ADR) (AMRN) and Net Element International Inc (NETE)
New York, NY – GDP INSIDER – 03/25/2015.
This article discusses three companies: RADA Electronic Ind Ltd (NASDAQ:RADA), Amarin Corporation Plc (ADR) (NASDAQ:AMRN), Net Element International Inc (NASDAQ:NETE)
RADA Electronic Ind Ltd (NASDAQ:RADA) fell back yesterday with the stock declining 3.10% or $0.09 to close at $2.81 on very heavy trading of 6.337 million shares, compared to its three month average trading volume of 0.443 million. The manufacturer and developer of automated avionics testing equipment had gained 70.89% on Monday, after it announced that Lockheed Martin Corporation’s (NYSE:LMT) Space Systems had chosen its Multi Mission Hemispheric Radar for use on a new, internally developed and high energy laser weapon system. Despite the correction, the stock is still a strong hold for now.
Amarin Corporation Plc (ADR) (NASDAQ:AMRN) started to climb again yesterday with the stock gaining 2.86% or $0.07 to close at $2.52 on active trading of 5.019 million shares, compared to its three month average trading volume of 4.800 million. The developer of cardiovascular therapeutics has been riding high for the last month with the stock up 82.60% pushing its total gains for the last 52 weeks to 44%. With RSI of 65.61 and converging MACD the stock may be trading near the top of its value making it at best a hold.
Net Element International Inc (NASDAQ:NETE) was relatively quiet yesterday with the stock gaining 1.71% or $0.02 to close at $1.19 with more than 0.305 million shares changing hands, compared to its three month average trading volume of 0.409 million. The stock has been fluctuating so far this year, but is still outperforming the S&P 500 with the share price up 5.3% YTD, compared the index which has only gained 1.58% this year. However, despite Net Element International Inc announcing the launch of new sales portal software, the stock failed to respond making it a hold at this time.
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