Small Caps In Focus: Cardium Therapeutics Inc. (NYSEMKT:CXM), E Commerce China Dangdang Inc (ADR) (NYSE:DANG)
Northern, WI 05/09/2013 (GDPInsider) – Cardium Therapeutics Inc. (NYSEMKT:CXM) opened today’s trading at 0.10 and is up 5.15% on volume of 110.08K. The stock is trading below its average volume of 490.87K and has a range of 0.09 and 0.10. CXM is trading 64.29% below its 52-week high of 0.28 and up 66.67% above its 52-week low of 0.06.
Cardium released its year-end 2012 earnings figures last month and just recenetly (May 2, 2013) announced the publication of Mechanistic, Technical, and Clinical Perspectives in Therapeutic Stimulation of Coronary Collateral Development by Angiogenic Growth Factors. The publication is authored by Gabor M Rubanyi, M.D., Ph.D., Cardium’s Chief Scientific Officer and it will appear in the April 2013 issue of Molecular Therapy.
The timing of the publication is expected to give some boost to CXM has it covers important developments in the field of therapeutic angiogenesis. CXM is invested in clinical trials connected to this area and the publication chronicles the lesson learned in the last 15 years. CXM has a target price of 0.40 and a RSI of 50.19.
Is CXM a solid investment at these levels? Get exclusive data and trends here.
E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is up 5.17% in today’s trading session, having opened at 4.36. DANG is trading healthy volume at 2.14 million and has a range of 4.29 and 4.59. The stock is showing strong gains for the month of May 2013 and is recovering from the dip in value experienced late in April 2013. DANG is down 42.11% on its 52-week high of 7.86 but up 23.64% on its 52-week low of 3.68.
Recent developments include the announcement by DANG of the upcoming launch of a flash sales channel to complement the offerings at the ecommerce company. The new channel will reportedly target higher income and higher education people and will focus on apparel sales initially. CEO Peggy Yu believes the addition of this new channel will help to bolster the companies profile among merchants. “The Flash Sales Channel is our latest initiative in further enhancing Dangdang’s open platform to attract more merchants, especially well-known brands, to our marketplace,” said Yu during the announcement.
DANG has a target price of 4.86 and is trading 16.29% above its SMA50.
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