Stocks to Watch: Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP), NovaGold Resources Inc. (USA) (NYSEAMEX:NG), Cereplast Inc (PINK:CERP)
Northern, WI 04/25/2013 (GDPInsider) – Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) opened at $0.69 and is presently up 5.49%. Trading volume for STP is 835.72K and the stock has a range of $0.68 and $0.72. Trading in STP has been bolstered by general growth in the solar sector and many other companies have seen gains relative to this sector growth. The technical chart of STP shows a northward climb since April and the stock has been trading 24.41% above its 20-day moving average. The stock is down 74.52% below its 52-week high of $2.81 but up 138.67% above its 52-week low of $0.30. Analysts have set a target price of $0.98 for the stock and EPS next year is tipped to rise by 33.90%.
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NovaGold Resources Inc. (USA) (NYSEAMEX:NG) is presently up 2.51% having opened trading at $2.45. Trading range for the stock is $2.39 and $2.48 and puts the current trading range 67.26% down on the 52-week high of $7.30 and up 7.66% on the 52-week low of $2.22. Trading volume is 1.14 million and there are 316.64 million shares outstanding. Institutions own 48.30% of the shares while insiders own 27.16%. EPS this year is expected to rise 140.35% and analysts have set a target price of $8.04 for the stock. NovaGold has a P/E of 23.90 and market cap is $756.77 million.
How Should Investors Trade NG Now? Get exclusive insights in this free report!
Cereplast Inc (PINK:CERP) opened trading for the day at $0.03 and is up 3.09% on trading volume of 820.6K. The stock has seen a growth in institutional transactions which have risen by 163.41%. Analysts have set a target price of $0.75 and the company recently received orders from India for the supply of Compostable 3002 plastic single-use bags. These orders come amid plans by India’s Supreme Court to enact stronger legislation to combat the countries prevalent plastic pollution problem. Despite this news however, the stock has been trading north of its 50-day moving average by 6.62% and above its 20-day moving average by 34.61%
How Should Investors Trade CERP Now? Get the latest trends and data here.
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