Which Has The Stamina To Keep Climbing? SABMiller Plc (SBMRY), Imageware Systems Inc (IWSY) and IGI Laboratories Inc (IG)
New York, NY – GDP INSIDER – 04/30/2014.
This article discusses three companies: SABMiller Plc (ADR) (OTCMKTS:SBMRY), Imageware Systems Inc (OTCMKTS:IWSY) and IGI Laboratories Inc (NYSEMKT:IG)
SABMiller Plc (ADR) (OTCMKTS:SBMRY) declined yesterday with the stock declining 1.45% or $0.79 to close at $53.63 on light trading of 0.082 million shares, compared to its three month average trading volume of 0.118 million. The manufacturer and distributor of beer and other beverages has been trading within a narrow range of $52.25 and $54.42 since the beginning of the month and has been outperforming the S&P 500 so far this year, up 4.01% compared to the index, which has only gained 2.33% over the same period making it a hold.
Imageware Systems Inc (OTCMKTS:IWSY) climbed slightly yesterday after its recent falls with the stock closing up 0.55% or $0.01 to close the day at $1.82 on low trading of 0.047 million shares compared to its three month average trading volume of 0.135 million. The mobile and cloud based identity management solution provider has been climbing for most of the last one month with the stock gaining 7.69% compared to the S&P 500 index, which has gained only 0.99% over the same period. With quarterly revenue growth of 33.50% year on year and RSI of 52.15 the stock is starting to look like a good medium term buy.
IGI Laboratories Inc (NYSEMKT:IG) plummeted yesterday with the stock closing down 34.59% or $2.75 to finish the day at a new closing price of $5.20 on much higher than average trading volume of 12.204 million, compared to its three month average trading volume of 0.993 million. The developer and manufacturer of generic topical pharmaceutical products began to drop after analysts at Oppenheimer downgraded their rating on the stock from ‘outperform’ to ‘perform’. However, with strong quarterly revenue growth of 104.50% and RSI of 20.82, the stock has plenty of upside potential, making it a buy.
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