Sutor Technology Group Ltd. (NASDAQ:SUTR) Up 20.28%, DynaVox, Inc. (OTCMKTS:DVOX) Up 16.92%
Northern, WI 05/13/2013 (GDPInsider) – Sutor Technology Group Ltd. (NASDAQ:SUTR) is up 20.28% after results proved to be better than Wall Street estimates. The stock opened at 2.03, a 0.31 above its previous close of 1.72 and has a range of 1.94 and 2.22 with volume of 1.093 million. Average volume is 259.78K.
The company which makes and supplies finished steel products reported its Q1 2013 earnings and bettered estimates by a full 0.05. SUTR reported earnings per share of 0.10; Capital IQ Consensus had estimated a consensus earnings figure of 0.05. SUTR also reported strong numbers in revenues and said that those were up 27% to $139.5 million, beating out the consensus estimate of $135.2 million set by analysts.
The upbeat news looks set to improve the short term fundamentals of SUTR which is trading 20.64% above its 50-day simple moving average and 32.04% on its 20-day simple moving average. The stock has a RSI of 70.11 and analysts have set a target price of 2.50 for the stock. 40.27 million Shares remain outstanding and insider transactions stand at 53.02%.
Is SUTR a solid investment at these levels? Get exclusive data and trends here.
DynaVox, Inc. (OTCMKTS:DVOX) is trading up 16.92% on trading volume of 26.05K. Average volume is 263.85K and the stock has a range of 0.20 and 0.24. DVOX is trading 89.96% below its 52-week high of 2.34 and 80.77% above its 52-week low of 0.13.
DynaVox is a developer and marketer of software, content and devices that help people overcoming speech, language or learning problems. DynaVox’s products are heavily used y people who contract amyotrophic lateral sclerosis (ALS), strokes or traumatic brain injuries. The company also makes equipment and software for children who have cerebral palsy, autism or other disorders.
The stock had a mid-March climb but has since waned, currently trading 39.43% below its 50-day simple moving average but 17.79% above its 20-day simple moving average. DVOX has a target price of 1.33 and a RSI of 44.68. EPS next year is expected to rise 33.33% and the company has a forward P/E of 2.50. DynaVox has a market cap of $1.88 million and there are 9.38 million shares outstanding in the company.
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