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