Stocks on the Move: ZIOPHARM Oncology Inc. (NASDAQ:ZIOP), FuelCell Energy, Inc. (NASDAQ:FCEL)

Posted by Chris Bell May 27, 2013 0 Comment 1661 views


Northern, WI 05/27/2013 (GDPInsider) – ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) is continuing its strong run in market valuation, having started the day’s trading at 2.10, 0.08 cents higher than previous close of 2.02. ZIOP is up 29.75% on extremely strong volume of 16.771 million. The range so far in this morning’s session is 2.0832 and 2.96, and the average volume is 2.292 million.

ZIOP hasn’t released any new developments since it announced plans to present at the 38th Annual Deutsche Bank Health Care Conference so it seems market valuation is baking in these developments and others that have flowed in the last few weeks.

ZIOP is up 52.61% on its 20-day simple moving average and 15.04% on its 50-day simple moving average with a target price of 2.88 set by analysts. The stock is down 58.59% on its 52-week high of 6.33 but up 75.91% on its 52-week low of 1.49. 83.56 million shares are outstanding in ZIOP and Institutions own 51.63% of the stock.

Is ZIOP a solid investment at these levels? Get exclusive data and trends here.

FuelCell Energy, Inc. (NASDAQ:FCEL) is up 28.81% in today’s trading after opening at 1.19, 0.01 cent above its previous close of 1.18. FCEL is trading on volume of 16.392 million, a whopping 1063.58% above average volume of 1.408 million. The stock has a range of 1.16 and 1.53 and is trading 9.35% above its 52-week high of 1.39 and 83.13% above its 52-week low of 0.83.

FCEL announced its imminent release of Q2 2013 financial results due on June 5, 2013. During this call participants will have live access via a webcast on the company website and over the telephone.

FCEL has had a relatively strong performance in the last few months and the company is expecting EPS to rise this year by 49.72% and a further 64.70% in 2014. The stock has a RSI of 84.65 indicating that current market valuation has taken it deep into overbought territory. The stock is however trading 40.87% above its SMA20 and 52.12% above its SMA50

How Should Investors Trade FCEL Now? Get exclusive insights and updates here.

 

 

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About Chris Bell

Chris Bell is an investing reporter for GDP Insider. Chris covers financial markets and Wall Street, concentrating on developments affecting individual investors and their portfolios. Chris is also over consumer reporter and covers a wide variety of issues ranging from housing to immigration to urban poverty. Chris graduated from the University of Scranton with a degree in Communication and Philosophy. Chris's diligent investigations earned him the honor of being named "Best Reporter" once by the Headliners Foundation of Texas and once by the Houston Press Club.

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