Cheap Investment Options: SGOCO Group Ltd(NASDAQ:SGOC), Dendreon Corporation(NASDAQ:DNDN), and MONITISE PLC(OTCMKTS:MONIF)

Posted by Saimoon August 29, 2014 0 Comment 1942 views


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SGOCO Group Ltd(NASDAQ:SGOC) enjoyed a 76.4% increase in value as the stock gained $1.23 to move to a new closing price of $2.84. The stock, which has traded within a range of $1.27 to $8.33 over the past 52 weeks, opened at a price of $2.08 yesterday. On Thursday morning, SGOCO Group Ltd(NASDAQ:SGOC) announced that it had launched an online sales platform on JD.com. The Hong Kong-based company gained two cents during after-hours trading.

Should You Invest In SGOCO? View Our Free SGOC Analysis.

Dendreon Corporation(NASDAQ:DNDN) remains close to its 52 week low after losing one cent to fall to a new closing price of $1.36. The stock has a market capitalization of $218.84 million and 160.31 million tradeable shares. The company’s value has decreased substantially ever since it announced that it is in danger of defaulting on its debts due in 2016. Dendreon Corporation(NASDAQ:DNDN) has subsequently seen its trading volume plummet. While the company has a three-month average volume of 2,307,220, it only recorded a figure of 951,204 yesterday.

Is Dendreon Corporation Doomed To Fail? Receive A Free DNDN Analysis.

MONITISE PLC(OTCMKTS:MONIF) gained $0.022 to move to a new closing price of $0.824. The stock traded within a range of $0.80 to $0.87 during the day. The United Kingdom-based online banking services company has a market capitalization of $1.57 billion and 1.96 billion tradeable shares. MONITISE PLC(OTCMKTS:MONIF) announced Aug. 27th that it had signed its partnership deal with IBM, through which both companies hope to increase their share of the financial services sector.

What Does The Future Hold For Monitise? Click Here For A Free MONIF Analysis.

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