Stocks Trading Up: Hutchinson Technology Incorporated (NASDAQ:HTCH), Revolution Lighting Technologies Inc. (NASDAQ:RVLT), ZBB Energy Corporation (NYSEMKT:ZBB)
Northern, WI 05/03/2013 (GDPInsider) – Hutchinson Technology Incorporated (NASDAQ:HTCH) is up 5.43% after starting the day’s trading at 2.79. The stock has a volume of 251.11K and a range of 2.79 and 2.98. Hutchinson Technology Incorporated supplies suspension assemblies for hard disk drives and the company recently reported Q1 2013 results with much to be upbeat about. According to the earnings report which was released on April 30, 2013, the company saw a quarterly profit of $1.9 million. This was a huge boost for HTCH because it’s the first time in many years that the company has been able to report a profit. Many analysts believe that given the turnaround inside the company, its value should grow.
Is HTCH a solid investment at these levels? Get must-have updates and insights right here.
Revolution Lighting Technologies Inc. (NASDAQ:RVLT) is up 5.44% after starting the day’s trading at 3.60. The stock closed previously at 3.68 and is trading with a range of 3.53 and 3.83. The stock is down 9.80% on its 52-week high of 4.08 but up a mammoth 3245.55% on its 52-week low of 0.11. Volume for RVLT is 473.48K and the technical chart shows a northward trend which has prevailed since February 2013. The stock is up 92.70% on its 50-day simple moving average and 40.30% on its 20-day simple moving average. Analysts have set a target price of 3.00 for RVLT and the stock has a RSI of 71.33 indicating that it is overbought. 74.87 shares are outstanding for RVLT and insiders own 61.80% of the stock. Institutions own 3.88% and account for 28.26% of the transactions in RVLT.
How Should Investors Trade RVLT Now? Get exclusive insights in this free report!
ZBB Energy Corporation (NYSEMKT:ZBB) is up 8.54% having opened trading at 0.30. The stock has a range of 0.30 and 0.31 with a volume standing at 63.5K. ZBB announced recently that its Executive Vice President for global business, Dan Nordloh has been invited to participate as a panel expert on energy storage for the upcoming AGRION event in New York. The event which has been themed “Energy Storage Economics 2.0 for New York City and Beyond,” is slated to take place on May 9, 2013 starting at 9:30 a.m. at 10 Rockefeller Plaza, New York. ZBB is currently down 11.87% on its 50-day simple moving average and the stock has a RSI of 44.12.
How Should Investors Trade ZBB Now? Get the latest trends and data here.
WallStreetAnalyzed.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetAnalyzed.com website, for complete risks and disclosures.