Can These 3 Stocks Surprise The Market? Inovio Pharmaceuticals Inc (INO), Aeropostale Inc (ARO) and Inventergy Global Inc (INVT)
New York, NY – GDP INSIDER – 04/15/2014.
This article discusses three companies: Inovio Pharmaceuticals Inc (NASDAQ:INO), Aeropostale Inc (NYSE:ARO) and Inventergy Global Inc (NASDAQ:INVT)
Inovio Pharmaceuticals Inc(NASDAQ:INO) saw solid gains yesterday with the stock climbng 6.70% or $0.60 to close at $10.48 on very high trading volume of 2.007 million shares compared to its three month average trading volume of 0.933 million. The US-based clinical-stage biopharmaceutical company has been climbing steadily since the beginning of the year and is now up 14.16% compared to the S&P 500, which has gained only 1.79% over the same period. While the MFI of 74.41 is not concerning, the RSI of 73.02 is on the verge of pushing into more concerning territory. That said, the stock could move higher, and these technical are not yet indicating a near term reversal.
Aeropostale Inc(NYSE:ARO) continued to decline yesterday with the stock closing down 1.43% or $0.05 at $3.44 on light trading of 1.008 million shares, compared to its three month average trading volume of 2.01 million shares. The mall based retailer of casual apparel is down 25.54% over the last 52 weeks, but has rallied this year and is now outperforming the S&P with the stock up 48.28% year to date, compared to the S&P 500 which has only gained 1.79% since the beginning of the year, making Aeropostale Inc a promising hold for now.
Inventergy Global Inc (NASDAQ:INVT) the intellectual property company fell back yesterday to close down 2.13% or $0.009 at $0.391, on lower than average trading volume of 0.082 million shares. The company has been trading within a relatively narrow range of between $0.38 and $0.80 over the last three months and has been in decline for the last 52 weeks, with the share price falling 94.77% over the period. Without strong positive news, the stock does not look likely to recover in the near term, but at this price it could be a medium to long term investment opportunity.
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