Real Goods Solar Inc. (NASDAQ:RSOL) down by 11.50%, Rexahn Pharmaceuticals Inc. (NYSEMKT:RNN)

Posted by Kristi Scott May 24, 2013 0 Comment 877 views


Miami, FL 05/24/2013 (GDPInsider) – Real Goods Solar Inc. (NASDAQ:RSOL) is trading down by about 11.50% to trade at $3.75, with a volume of about 4.61 million shares. The introductory price for the stock for the day is $3.25 as compared to its previous close of $4.24. The stock is trading in a range of $3.78 and $4.30 in its current trading session. The stock’s 200 days moving average of $1.24 is currently below the 50 days moving average of $2.15, a sign of optimism on the stock. The share price is 45.41% below its previous 52-week’s high of $7.17 and 878.50% above its previous 52-week’s low of $0.40. The stock has given a return of 142.29% over a period of 5 days. The performance of the stock has been positive over a period of one month which was 125.53%. The stock has experienced a volatility of 19.38% in the last one month and about 53.07% volatility in the last one week.

The company today entered into a definitive agreement to raise about $9.25 million, by issuing 3.366 million shares at a price of $2.75 per share, of Class A common stock. The net proceeds the company will receive after paying of the estimated office expenses and placement agent fees is $8.4 million.

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

Rexahn Pharmaceuticals Inc. (NYSEMKT:RNN) is trading down by about 5.10% to trade at $0.370, with a volume of about 0.801 million shares. The introductory price for the stock for the day is $0.39 as compared to its previous close of $0.39. The stock is trading in a range of $0.37 and $0.40 in its current trading session. The stock’s 200 days moving average of $0.378 is currently above the 50 days moving average of $0.320, a sign of pessimism on the stock. The share price is 54.17% below its previous 52-week’s high of $0.81 and 32.57% above its previous 52-week’s low of $0.28. The stock has given a return of 21.87% over a period of 5 days. The performance of the stock has been positive over a period of one month which was 21.87%. The stock has experienced a volatility of 6.94% in the last one month and about 11.85% volatility in the last one week.

The stock has moved below its 200 days moving average of $0.378.

Dr. Peter Suzdak, CEO of the company on May 30, is scheduled to present at the Second Annual Marcum LLP MicroCap Conference.

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

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About Kristi Scott

Kristi Scott joined GDP Insider in 2005 as a Wall Street reporter for the Business and Market section. Kristi covers the stock market, financial markets and personal finance. Her awards have come from the National Federation of Professional Writers, the Ohio Newspaper Association, the Cleveland Press Club, the Society of Professional Journalists and Suburban Newspapers of America. Kristi was named SNA's national Journalist of the Year

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