Watch out for Neuralstem Inc. (NYSEMKT:CUR), Westinghouse Solar Inc (OTCMKTS:WEST)

Posted by Lynn Eisler May 17, 2013 0 Comment 561 views


Miami, FL 05/17/2013 (GDPInsider) Neuralstem Inc. (NYSEMKT:CUR) on Thursday traded up by 11.54% to close at $1.45, with total traded volumes of 1.79 million in comparison to its average volume of 0.420 million shares. The market capitalization of the company is $99.76 million at the current price levels. The stock traded below its 52-week high of $1.96 and is above its 52-week low of $0.42. Neuralstem Inc., a development-stage company focused on the development of treatments for central nervous system disease, reported a net loss of $3,590,000, or $0.05 earnings per share, for the first quarter of 2013, compared with a net loss of $2,453,000, or $0.05 EPS, for the same period in 2012. As on March 31, 2013, Neuralstem had total cash and cash equivalents of approximately $12,659,000. Last month, the company received FDA approval to start the trial of NSI-566 Phase II, for ALS, following the excellent safety and tolerability demonstrated in Phase I.

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

Westinghouse Solar Inc (OTCMKTS:WEST) on Thursday traded up by 9.72% to close at $0.0395, with total traded volumes of 0.209 million in comparison to its average volume of 0.633 million shares. The market capitalization of the company is $1.06 million at the current price levels. The stock traded below its 52-week high of $0.47 and is above its 52-week low of $0.03. Westinghouse, a developer of solar power systems and solar panels with built-in micro inverters, generated $81,000 of revenue, a 96.6% decrease for the first quarter ended March 31, 2013, compared to $2.4 million of revenue for same quarter of 2012. Net loss from continuing operations for quarter was $1.0 million, or $0.04 per share, compared to a net loss from continuing operations of $2.9 million, or $0.17 per share, for the comparable quarter in 2012. As of March 31, 2013, Westinghouse Solar Inc. had approximately $21,000 in cash on hand.

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

Disclosure:

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.


About Lynn Eisler

Lynn Eisler is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments. Lynn has been honored with the H.L. Mencken Award for Investigative Reporting, the Champion of Justice Award for reporting on the drug war, and the John Hancock Award for business reporting. Lynn was also a Knight Medical School Fellow at the University of Michigan.

View all post by Lynn Eisler Visit author's website

Write Your Comment