Can These Stocks Produce Consistent Investment Returns? Five Oaks Investment Corp (OAKS), Neonode, Inc (NEON) and Photronics, Inc. (PLAB)
New York, NY – GDP INSIDER – 04/29/2014.
This article discusses three companies: Five Oaks Investment Corp (NYSE:OAKS), Neonode, Inc (NASDAQ:NEON) and Photronics, Inc. (NASDAQ:PLAB)
Five Oaks Investment Corp (NYSE:OAKS) lost three cents to finish the day at a new closing price of $10.82, a 0.28% decrease in value that moved the stock 1.05% above its 50 day moving average of $10.71 and 3.92% above its 200 day moving average of $10.42. The $159.70 million market company, which traded within a range of $10.80 to $10.86 during the day, had a low trading volume of 0.054 million, a figure which is substantially lower than its three month average trading volume of 0.099 million. The US based company is currently situated 14.24% above its 52 week low of $9.47 and only 1.30% away from its one year high of $10.96, hold.
Neonode, Inc (NASDAQ:NEON) continued to decline yesterday with the stock closing down 6.40% or $0.26 to finish the day at a closing price of $3.80 on higher than average trading volume of 1.024 million compared with its three month average trading volume of 0.439 million. The Stockholm based technologies and solution company, which fluctuated between $3.76 and $4.16 during yesterday’s trading, is currently holding 13.55% above its 50 day moving average of $3.36 and 37.76% above its 200 day moving average of $2.76. With quarterly revenue growth (yoy) of 70% and RSI of 50.07, the stock is a potential investment option.
Photronics, Inc. (NASDAQ:PLAB) climbed yesterday with the stock gaining eleven cents to finish the day at a closing price of $9.10, a 1.23% increase in value from its previous closing price with only 0.175 million shares changing hands compared to its three month average trading volume of 0.231 million. The US-based photo masks manufacturer is holding well above its 50 day moving average of $8.58 and 200 day moving average of $8.49. With its MACD diverging and RSI of 66, the stock has plenty of upward potential and the technical are not yet indicating a near term reversal, better to hold than buy at this time.
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