Thompson Creek Metals Company Inc (USA) (NYSE:TC) up by 16.41%, Plug Power Inc (NASDAQ:PLUG)

Posted by Nathan Alexander May 9, 2013 0 Comment 1472 views


Hartford, CT 05/09/2013 (GDPInsider) – Thompson Creek Metals Company Inc (USA) (NYSE:TC) escalated 16.41% to $3.76. Its opening share price was $3.49 as compared to the previous days share closing price of $3.23. The stock rose to an intraday high of $3.77 and dipped to an intraday low of $3.43. Shares in excess of 4.08 million were traded in today’s trading session as compared to the average trading volume of 1.65 million which is calculated over a period of thirty days. The market cap of the stock at current levels is $637.02 million and beta is 2.67 which is calculated from the movement of the stock in comparison to the index. The analysts are targeting a price of about $4.11, thus there is further room for the stock to rise. The short float percentage in the company’s stock is 18.11% and the short ratio is 15.50. The price of the stock is 34.72% above its 20 days simple moving average of $2.84.

The company reported its 1Q2013 results where revenue was reported to be $108.7 million as compared to $113.6 million a year ago. The net income was 0.9 million as compared to $1.1 million a year ago.

Is TC a solid investment at these levels? Get valuable updates and exclusive insights here.

Plug Power Inc (NASDAQ:PLUG) escalated 3.29% to $0.245. Its opening share price was $0.26 as compared to the previous days share closing price of $0.24. The stock rose to an intraday high of $0.28 and dipped to an intraday low of $0.24. Shares in excess of 5.06 million were traded in today’s trading session as compared to the average trading volume of 1.21 million which is calculated over a period of thirty days. The market cap of the stock at current levels is $9.32 million and beta is 1.08 which is calculated from the movement of the stock in comparison to the index. The analysts are targeting a price of about $0.60, thus there is further room for the stock to rise. The short float percentage in the company’s stock is 5.21% and the short ratio is 1.05. The price of the stock is 46.97% above its 20 days simple moving average of $0.17.

The company announced on May 8 about its strategic investment of $6.5 million from its partner Air Liquide. The company will release its 1Q2013 results on May 14.

How Should Investors Trade PLUG Now? Get the latest trends and data here.

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About Nathan Alexander

Nathan Alexander holds bachelor’s degrees in Journalism and European Studies from Boston University. Nathan reports round up the day’s business and financial market news and include keynote interviews with major business players and updates on Asian, European and US stock markets. He has interviewed heads of leading European banking institutions such as European Central Bank President Jean-Claude Trichet and HSBC Chairman Stephen Green, and CEOs from the business world including Microsoft founder Bill Gates, Virgin Chairman Sir Richard Branson and former Porsche President and CEO Dr Wendelin Wiedeking.

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