Is It Time For Stockholders To Purchase QC Holdings, Inc.(NASDAQ:QCCO), DURECT Corporation(NASDAQ:DRRX), and Kallo Inc(OTCMKTS:KALO) Shares?
New York, NY – GDP INSIDER – 11/07/2014.
This article discusses three companies: QC Holdings, Inc.(NASDAQ:QCCO), DURECT Corporation(NASDAQ:DRRX), and Kallo Inc(OTCMKTS:KALO)
QC Holdings, Inc.(NASDAQ:QCCO)has not filed an SEC form or published a press release since Aug. 14th, 2014. Despite this lack of activity, the company saw its trading volume spike to a figure of 26,270 yesterday, which is 14,670 higher than its three month average volume of 11,600. The Kansas-based company provides financial services, including payday loans and installment loans through its branch lending segment. Additionally, QC Holdings also offers Internet lending operations in the US and Canada.
DURECT Corporation(NASDAQ:DRRX) reported its third quarter financial results on Nov. 3rd, 2014. The figures included a total revenue of $4.3 million and a net loss of $7.1 million. These figures are quite disappointing for the California-based company, as DURECT Corporation reported a revenue of $3.0 million and a net loss of only $6 million during the same period of the previous fiscal year.The stock has traded within a range of $0.68 to $2.69 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $0.731. This price suggests that DURECT’s trading price is currently on the decline.
Kallo Inc(OTCMKTS:KALO)announced on Nov. 6th that it had received a letter from Dr. Kwaku Agyeman Mensah, the Minister of Health in Ghana, for the confirmed acceptance and prioritization of Kallo’s MobileCare, RuralCare, and DialysisCare programs in the country.The company has a market capitalization of $62.38 million and 353 million tradeable shares. Kallo, which traded within a range of $0.14 to $0.23 yesterday, finishing the day at a closing price of $0.178.
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