NASDAQ Stocks With High Volumes: EMCORE Corporation(NASDAQ:EMKR), Arena Pharmaceuticals, Inc.(NASDAQ:ARNA), and Spar Group Inc(NASDAQ:SGRP)

Posted by Saimoon September 19, 2014 0 Comment 812 views


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The NASDAQ Composite Index rose $31.24 to reach a value of $4,593.43 yesterday. Here’s how three heavily-traded NASDAQ stocks fared during trading.

 EMCORE Corporation(NASDAQ:EMKR) gained $1.08 to move to a closing price of $5.37. The stock also traded for as much as $5.90 during the day, a new 52 week high for the Minnesota-based semiconductor company. EMCORE Corporation(NASDAQ:EMKR) currently has a bid price of $5.22 x 1,000 and an offer price of $6.00 x 100. The company’s trading volume spiked to a figure of 8.67 million yesterday, a figure which is astronomically higher than its three month average of 123,995. The company sold its Space Photovoltaics Business to Veritas Capital yesterday.

Arena Pharmaceuticals, Inc.(NASDAQ:ARNA) saw its value increase by 9.49% yesterday as the stock gained thirty-seven cents to reach a closing price of $4.27. The new mark places the stock $0.35 above its 52 week low of $3.82. To contrast, Arena Pharmaceuticals Inc(NASDAQ:ARNA) is now situated $3.70 below its 52 week high of $7.97. The company’s trading volume spiked to a figure of 10.98 million yesterday, a figure which is 7.16 million higher than the company’s three month average volume of 3.82 million.

SPAR Group Inc(NASDAQ:SGRP) enjoyed a 16.34% increase in value yesterday as the stock gained twenty-five cents to move to a closing price of $1.78. The stock has traded within a range of $1.27 to $2.17 over the past 52 weeks. SPAR Group Inc(NASDAQ:SGRP) had a trading volume of 87,831 yesterday, a figure which is almost three times greater than its three month average of 29,712. The company currently has a market capitalization of $32.31 million and 20.58 million tradeable shares.

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