Cereplast Inc. (OTCMKTS:CERP) Trading Flat, National Bank of Greece (ADR) (NYSE:NBG) Down 7.89%, Seven Arts Entertainment Inc. (OTCMKTS:SAPX) Up 2.08%

Posted by Chris Bell April 29, 2013 0 Comment 854 views


Northern, WI 04/29/2013 (GDPInsider) –  Cereplast Inc. (OTCMKTS:CERP) opened today’s trading flat. Despite such sluggish trading CERP has a volume of 1.78 million and the stock finds itself 165.00% above its 52-week low of $0.01. The stock is down 7.47% on its 50-day simple moving average but is up 14.72% on its 20-day simple moving average. Analysts have set a target price of $0.75 and insider transactions are up 163.41%. The stock is owned 26.27% by insiders and 13.66% by institutions. Debt to equity in CERP is 5.29 and sales over the last 5 years has risen 94.54%.

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

National Bank of Greece (ADR) (NYSE:NBG) is down 7.89% having opened at $1.06. The stock has a range of $1.03 and $1.06 on volume of 2.13 million. The three-month technical chart shows a southward trend and the stock is down 67.38% on its 52-week high of $3.25. The stock has a RSI of 59.80 which suggests neither an overbought or oversold presence in the market. NBG is up 7.01% on its 50-day simple moving average and up a further 34.43% on its 20-day simple moving average. EPS this year is expected to rise by 83.58% and insider transactions are down 11.54%. Shareholders in the National Bank of Greece have approved a recap plan that will see changes in the current $1.40 billion that is presently the market cap of the bank.

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

Seven Arts Entertainment Inc. (OTCMKTS:SAPX) is up a modest 2.08% having opened trading today at $0.01. The stock has a range of $0.00 and $0.01 with trading volume of 1.42 million. The slight uptick in trading looks to be riding the wave of last week’s announcement that Seven Arts Entertainment Inc. is looking to move into television production. The company said in a release that it’s going to be joint venturing with Prodigy Pictures. The collaboration is expected to produce several mini-series and series, all of which will be also distributed under the terms of the joint venture. The stock has a RSI of 32.20 which is oversold territory and SAPX is currently trading down 79.12% on its 50-day simple moving average.

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

 

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About Chris Bell

Chris Bell is an investing reporter for GDP Insider. Chris covers financial markets and Wall Street, concentrating on developments affecting individual investors and their portfolios. Chris is also over consumer reporter and covers a wide variety of issues ranging from housing to immigration to urban poverty. Chris graduated from the University of Scranton with a degree in Communication and Philosophy. Chris's diligent investigations earned him the honor of being named "Best Reporter" once by the Headliners Foundation of Texas and once by the Houston Press Club.

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