Breakout Stocks: Celsion Corporation (NASDAQ:CLSN), ING Groep N.V. (ADR) (NYSE:ING), Sirius XM Radio Inc. (NASDAQ:SIRI)

Posted by Ryan Mandell April 23, 2013 0 Comment 771 views

Northern, WI 04/23/2013 (GDPInsider) –  Celsion Corporation (NASDAQ:CLSN) opened at $0.96 in today’s trading session and quickly roared ahead. The stock is presently trading up 21.05% with lots of buoyancy. Volume in the stock is 5.17 million and there’s institutional transactions taking place of 56.60%. The uptick in the stock comes as the company is due to release a business update later today on its phase III clinical results study for the drug ThermoDox®. The stock is trading down 90.22% on its 52-week high but is up 23.16% on its 52-week low.

Is CLSN a solid investment at these levels? Get valuable updates and exclusive insights here.

ING Groep N.V. (ADR) (NYSE:ING) opened today’s trading session at $7.87; this opening value was $0.19 above the previous close of $7.68. The day’s trading range is $7.85 and $7.89 and the stock has trading volume of 3.39 million. ING is presently trading up 2.73% but is down 1.30% on its 50-day moving average. The company announced recently that it is returning to core business and has agreed to sell its 49% stake in Korean insurance company KB life. That deal is expected to net ING $148 million. EPS quarter on quarter growth is up 71.15% and a target price of $11.71 has been set by analysts.

How Should Investors Trade ING Now? Get key and important information right here.

Sirius XM Radio Inc. (NASDAQ:SIRI) opened trading at $3.02 and is currently trading up at 0.50%. The modest jump is accompanied by volume of 4.85 million and the stock has a P/E of 6.06. Forward P/E is tipped for 23.21 and EPS this year is expected to climb by 677.73%. There are 6.43 billion shares outstanding in Sirius XM Radio Inc. and 30.56% of shares are owned by institutions. Analysts are largely baffled by the stagnancy of the stock’s value. The company announced a $2 billion share buyback last year. The technical chart does show, however, that the price has been on a northward trend in the last six months.

How Should Investors Trade SIRI Now? Get the latest trends and data here.



About Ryan Mandell

Ryan Mandell is our senior staff writer covering the White House for Political Report, Ryan also coordinates with the main newsroom news items and contributing write-ups on cultural, social and political activities. Ryan holds an undergraduate degree in journalism, a Doctorate in international relations and a Master Degree in mass communications with an emphasis in print journalism. Ryan also covered the International Society of Social Defense congress in Spain in 2007 and taken part in the Global Forum on economic policies

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