Stock Update: SinoCoking Coal and Coke Chem Ind., Inc.(NASDAQ:SCOK), Orexigen Therapeutics, Inc.(NASDAQ:OREX), and Natural Health Trends Corp.(OTCMKTS:NHTC)
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SinoCoking Coal and Coke Chem Ind, Inc.(NASDAQ:SCOK) enjoyed a 17.13% boost in value yesterday as the stock gained $0.92 to rise to its new closing price of $6.29. The China-based company traded within a range of $5.60 to $7.78 during the day after opening at a price of $5.68. SinoCoking Coal and Coke Chem Ind, Inc.(NASDAQ:SCOK) announced Tuesday that it had entered into an agreement with two organizations to begin a new underground coal gasification project.
Orexigen Therapeutics, Inc.(NASDAQ:OREX) saw its value decline by 10.51% yesterday as the stock fell $0.62 to move to a mark of $5.28. The stock has traded within a range of $4.59 to $7.82 over the past 52 weeks. On Thursday morning, Orexigen Therapeutics, Inc.(NASDAQ:OREX) announced that it had received FDA approval for its Contrave weight loss drug. Despite the positive news, the company nevertheless posted yesterday’s loss. The stock gained twelve cents during after-hours trading.
Natural Health Trends Corp.(OTCMKTS:NHTC) lost $1.20 to fal to a new closing price of $11.61. The stock had a trading volume of 421,770 yesterday, a figure which is significantly higher than its three month average of 99,662. Natural Health Trends Corp.(OTCMKTS:NHTC) issued a comment on its high trading volume on Sept. 10th, stating that they were unaware of anything that would have caused the Dallas-based company’s stock to be more heavily traded.
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